Hong Kong Aviation Capital (HKAC) established a new leasing relationship with Philippines Airlines, one of the first and oldest commercial airlines in Asia with an A321-231 aircraft on long term lease. GECAS in purchase-and-leaseback transaction with Malindo Air for six new 737-800s. GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of GE, has announced a purchase-and-leaseback transaction with Malindo Airways for six new Boeing 737-800 aircraft. Four of the aircraft have delivered to Malindo Air. The remaining two are scheduled for delivery in October. Malindo Air, headquartered in Malaysia, currently operates a fleet of 24 aircraft

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