GE Capital Aviation Services Continues Africa Expansion with New Office in Kenya

DUBAI, U.A.E., October 29, 2013 -- GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing and financing arm of GE, announced today the opening of a new office in Nairobi, Kenya, to serve airline customers in eastern Africa.

“Africa continues to offer an excellent growth opportunity for GECAS given the breadth of our fleet and product offerings," said Jonty Nel, senior vice president and region manager, Africa, Middle East and CIS for GECAS. "We're increasing our presence on the African continent generally with a focus on East Africa, and we see great potential for growth in the region."

This is GECAS’ third African office after Accra, Ghana, and Cape Town, South Africa, opened in 2011. The Cape Town office serves customers in southern Africa while the Accra office focuses on western and central Africa. North Africa will continue to be covered by GECAS’ Dubai office.

About GE Capital Aviation Services (GECAS)

GECAS, the U.S. and Irish commercial aircraft financing and leasing business of GE, has a fleet of over 1,670 owned and serviced aircraft with over 230 airlines. GECAS offers a wide range of aircraft types and financing options, including operating leases and secured debt financing, and also provides productivity solutions including spare engine leasing, airport and airline consulting services, and spare parts financing and management. GECAS, a unit of GE Capital, has offices in 24 cities around the world, and services customers in over 75 countries. (www.GECAS.com

GE (NYSE: GE) works on things that matter. The best people and the best technologies taking on the toughest challenges. Finding solutions in energy, health and home, transportation and finance. Building, powering, moving and curing the world. Not just imagining. Doing. GE works. For more information, visit the company's website at www.ge.com.

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