Aircraft
EU Approves AerCap-Gecas Leasing Group Merger
European Union antitrust regulators green-light the combination of world’s two largest aircraft lessors without concessions.
Airliner leasing group AerCap is acquiring General Electric Capital Aviation Services. (Image: AerCap)
Airliner leasing group AerCap is acquiring General Electric Capital Aviation Services. (Image: AerCap)

European Union antitrust regulators have authorized the proposed combination of aircraft lessors AerCap and General Electric Capital Aviation Services (Gecas) without concessions, after their analysis of the $30 billion deal showed the transaction would raise no competition concerns. The transaction marks part of an ongoing consolidation in the leasing market and the need for lessors to “bulk up” in the wake of Covid-19.  


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