GECAS signs US$280m Senior Debt agreement with Aerolíneas Argentinas

GE Capital Aviation Services (GECAS), the commercial aircraft leasing arm of GE,  announced a US$280m, 10.5 year term, Senior Debt agreement with Aerolíneas Argentinas. The debt is secured by four A330-200s powered by GE’s CF6 engines and three B737-800s powered by CFM56 engines. The four A330s are scheduled to fund in 2016 and the three B737-800s in 2018. GECAS’s relationship and commitment to Aerolíneas Argentinas dates back to the 1990’s.