PR: Pimco & Gecas to create $3bn aviation leasing investment platform

PRESS RELEASE 

– Platform will enable PIMCO and GECAS to acquire new and young aircraft to lease

– Provides financing to help airlines upgrade their fleets at critical time for the aviation industry

NEWPORT BEACH, Calif. and SHANNON, Ireland, Oct. 19, 2020 (GLOBE NEWSWIRE) ? PIMCO, one of the world’s premier fixed income investment managers, and GE Capital Aviation Services (GECAS), a world-leading lessor and business unit of GE (NYSE: GE), announce that they have reached a preliminary ...