GECAS to lease five new Boeing 737-800s to Hainan Airlines

GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing and financing arm of GE, has announced it will lease five new Boeing 737-800 aircraft to Hainan Airlines to help expand the carrier’s fleet. The aircraft, scheduled for delivery in 2015, come from GECAS’ existing order book with Boeing. Hainan Airlines is a longstanding GECAS customer and is the largest private airline in the People’s Republic of China. It operates a fleet of more than 120 aircraft to more than 90.