EXCLUSIVE FIRST INTERVIEW: STARR 2018-1 promises to revolutionise E-note sales

As the top aircraft lessor by fleet size, GECAS originates between $5bn to $7bn in new asset acquisitions and sells between $2bn to $4bn of aircraft assets every year. The recent, well-publicised pressure from its parent company to maintain a flat balance sheet has required GECAS – which wanted to retain its market footprint – to become more active in selling off its assets to meet that higher $4bn a year target. The aviation asset backed securitisation (ABS) market has been used by GECAS as one alternative for aircraft portfolio sales. The lessor has acted as the seller and servicer