Comment / M&A radar: AerCap + GECAS $30bn deal – a flickering light through the GE clouds

Those of you who know General Electric (GE) well, will recognise its struggles and long-standing structural troubles and the effort put in place by CEO Larry Culp since he tried to pull the plane out of a tailspin in late 2018. The blockbuster sale of GE Capital Aviation Services (GECAS) to AerCap is the natural extension of a multi-year corporate restructuring that is slowly, but surely, flying at cruising altitude after massive turbulence.

GE confirmed today the deal was agreed on ...