Blackstone ‘s GSO Capital Partners, Franklin Square Capital Partners, Carlyle and AE Industrial Partners have teamed up to launch Global Jet Capital, which provides leasing and lending … www.ge.com. We take pride in providing you with a straight-forward, flexible, highly-responsive, and solution-oriented experience. Paul Rerick serves as Chief Financial Officer for Global Jet Capital. Global Jet Capital Launches At 2014 NBAA Convention To Serve Long-Range Business Jet Leasing And Financing Market Global Jet Capital, a new company providing leasing and lending … GSO Capital, Franklin Square, Carlyle, AE Industrial Launch Global Jet Capital Updated Oct. 20, 2014 3:31 pm ET Private equity is soaring into the jet business. We do not undertake to update our forward-looking statements. This is the fourth such offering for Global Jet Capital and the first ABS capital markets financing backed by aircraft assets … Caution Concerning Forward-Looking StatementsThis document contains "forward-looking statements" – that is, statements related to future, not past, events. Actual results could differ materially. With a Global Jet Capital Operating Lease, you’ll enjoy the full use of your aircraft, without the capital outlay. Global Jet Capital’s Q1 2020 … February 1, 2016. The more data provided to us, the more precise we can make our estimate of indicative terms. Global Jet Capital is a financial services company providing financing solutions for the private aircraft market. With approximately $2.5B in assets under management and additional current committed capacity to lend, Global Jet Capital provides financing solutions for the private aircraft market. J.P. Morgan Securities LLC provided financial advice to GE and Shearman & Sterling LLP provided legal advice. CHIEF FINANCIAL OFFICER. When coupled with our commitment to understanding your needs, our long-standing business aircraft financing experience and knowledge allows us to deliver customized solutions that can reduce financial uncertainties while protecting your capital. With a “can-do” spirit, we approach each day with resourcefulness, ability, confidence and courage. Experience: We began as the legacy corporate aircraft funding business of GE Capital and have served the business aviation community for decades, having completed thousands of successful transactions. In this context, forward-looking statements often address our expected future business and financial performance and financial condition, and often contain words such as "expect," "anticipate," "intend," "plan," "believe," "seek," "see," "will," "would," or "target." Carlyle Group Inc. 05/2006–UNKNOWN. Commitment: GJC is capitalized by the world’s leading private equity firms: The Carlyle With over $2.6B in assets under management and $1B committed debt funding growth, Global Jet Capital specializes in financial solutions for the business aircraft market. We are singularly and relentlessly focused on setting the standard for the way business gets done in business aviation. This document includes certain forward-looking projected financial information that is based on current estimates and forecasts. “Their resources will provide tremendous value to the portfolio and greatly benefit our customers.”. The Company is capitalized by world-class private investors with expertise in the global aviation industry: The Carlyle … With this transaction of approximately $2.5 billion in ending net investment (ENI), GE Capital has announced sales of about $97 billion year-to-date. In addition, the company complies with all other applicable anti-bribery, anti-money laundering, and sanction laws. GE and its Board of Directors have determined that market conditions are favorable to pursue these dispositions. Global Jet Capital, a financing solutions provider for private jets, has agreed to buy GE Capital’ s aircraft lease and loan portfolio reportedly valued at about $2.5 million. This, combined with our unparalleled asset management expertise, allows us to offer clients flexible lifecycle solutions to fit their individual and changing aviation and financial requirements. As experts in business aircraft, with thousands of aircraft transactions behind us, we are uniquely qualified to help our clients make well informed decisions. The company is capitalized by world-class private investors with expertise in the global aviation industry: The Carlyle Group, AE Industrial Partners, and FS / KKR Advisor, LLC, a partnership between FS … These or other uncertainties may cause our actual future results to be materially different than those expressed in our forward-looking statements. About GEGE (NYSE: GE) is the world’s Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. An indication also requires that we have some preliminary financial information relating to the client. Completes fourth ABS securitization raising $522 million, Expands Hong Kong Presence with New Full Service Hong Kong Office, Accelerates Expansion in Europe with Opening of New Office in Zurich, Completes third ABS securitization raising $517 million, Completes first Asset Backed securitization (ABS) raising $608 Million, Completes Second Securitization Raising $674 Million, Grew International Sales force with representatives in Hong Kong and Malaysia, Completed acquisition of GE assets totalling $2.2Bn, Added additional international origination employees, Entered exclusive discussions to acquire GE Capital business aircraft portfolio in Americas, Announced $2.3Bn acquisition of GE portfolio, Closed first phase of GE portfolio acquisition. FAIRFIELD, Conn. - GE [NYSE:GE] announced today that it has reached an agreement to sell its fixed-wing Corporate Aircraft financing portfolio in the Americas to Global Jet Capital, a provider of financing solutions for the private aircraft market. Butler Aviation Inc. FORMER. GE will retain the financing businesses that directly relate to GE’s industrial businesses including GE Capital Aviation Services which primarily finances commercial aircraft. With $2.5 billion in assets under management and the additional current committed capacity to lend $1 billion, Global Jet Capital provides financing solutions for the private aircraft market. Investor: Matt Cribbins, +1 203-373-2424matthewg.cribbins@ge.com orMedia:GE Capital: Ned Reynolds, +1 203-840-5075ned.reynolds@ge.com orGE: Seth Martin, +1 203-572-3567seth.martin@ge.com orGlobal Jet Capital: Aimee Talbert Nardini, +1 561-212-1594atalbertnardini@globaljetcapital.com, GE to Sell Corporate Aircraft Financing Portfolio to Global Jet Capital. Global Jet Capital is a provider of leasing and lending solutions to the private aviation market. When completed, the transaction will contribute approximately $0.3 billion of capital to the overall target of approximately $35 billion of dividends expected to GE under this plan (subject to regulatory approval). Carlyle Global Partners seeks to deliver attractive risk-adjusted returns on significant sums of capital over a longer timeframe than typical private equity funds, thereby creating substantial longer-term … About Global Jet CapitalGlobal Jet Capital is a financial services company providing financing solutions for the private aircraft market. We show respect for all, with open communication, transparency, common purpose and shared goals. Additionally, all prospective clients will be vetted in order to comply with the Office of Foreign Assets Control (OFAC) and the U.S. Patriot Act procedures and regulations.Global Jet Capital takes client data protection seriously and is fully committed to the standards set by the General Data Protection Regulation (GDPR). Global Jet Capital LLC. Chairman/CEO. “Global Jet Capital is a well-backed private equity player eager to expand its corporate aircraft portfolio,” Sherin said. The company is capitalized by world-class private investors with expertise in the global aviation industry: The Carlyle Group, AE Industrial Partners, and FS / KKR Advisor, LLC, a partnership between FS Investments and KKR Credit. Global Jet Capital Completes Securitization, Raising $522M. The company is capitalized by world-class private investors with expertise in the global aviation industry: The Carlyle … THE GLOBAL JET CAPITAL OPERATING LEASE When it comes time to acquire or upgrade a business aircraft, you could bite the bullet on the capital outlay-Or, you could let us. We focus on building enduring partnerships with colleagues and customers through deep understanding, candor, commitments kept and consistency. Global Jet Capital (Booth C8709) is paving the way for this growth by expanding its global presence, including the additions of fully functioning offices in Zurich and Hong Kong earlier this year. A significant amount of additional funding was built into the lease to allow for improvements to soft goods and avionics. Global Jet Capital will also retain a team of experienced GE employees who have been dedicated to this business. Global Jet Capital provided a lease extension to a current client. Global Jet Capital is an Equal Opportunity Employer for all applicants and employees regardless of, race, color, religion, gender, age, national origin, military status, veteran status, handicap, physical or mental … Sherin added, “Today’s announcement is another testament to the speed and value we are delivering as we execute on our strategy to sell most of the assets of GE Capital.”. GE encourages investors to visit these websites from time to time, as information is updated and new information is posted. “We are excited to sell our Corporate Air portfolio to Global Jet Capital, an up-and-coming player in the corporate aircraft space,” said Keith Sherin, GE Capital chairman and CEO. With over $2.6B in assets under management and $1B committed debt funding growth, Global Jet Capital specializes in financial solutions for the business aircraft market. Global Jet Capital’s Q1 2020 Quarterly Market Briefing covers the state of the aviation market for new and pre-owned business jets in 2020. Paul has over 20 years of experience in commercial finance including more than 15 years of general aviation … Global Jet Capital is a financial services company providing innovative financing solutions for the private aircraft market. President. Financing a business jet can … As previously announced, GE is embarking on a strategy to focus on its high-value industrial businesses and is selling most GE Capital assets. For us, particular uncertainties that could cause our actual results to be materially different than those expressed in our forward-looking statements include: obtaining (or the timing of obtaining) any required regulatory reviews or approvals or any other consents or approvals associated with our announced plan to reduce the size of our financial services businesses; our ability to complete incremental asset sales as part of that plan in a timely manner (or at all) and at the prices we have assumed; changes in law, economic and financial conditions, including interest and exchange rate volatility, commodity and equity prices and the value of financial assets, including the impact of these conditions on our ability to sell or the value of incremental assets to be sold as part of our announced plan to reduce the size of our financial services businesses as well as other aspects of that plan; the impact of conditions in the financial and credit markets on the availability and cost of GECC's funding, and GECC's exposure to counterparties; the impact of conditions in the housing market and unemployment rates on the level of commercial and consumer credit defaults; pending and future mortgage loan repurchase claims and other litigation claims in connection with WMC, which may affect our estimates of liability, including possible loss estimates; our ability to maintain our current credit rating and the impact on our funding costs and competitive position if we do not do so; the adequacy of our cash flows and earnings and other conditions which may affect our ability to pay our quarterly dividend at the planned level or to repurchase shares at planned levels; GECC's ability to pay dividends to GE at the planned level, which may be affected by GECC's cash flows and earnings, financial services regulation and oversight, and other factors; our ability to convert pre-order commitments/wins into orders; the price we realize on orders since commitments/wins are stated at list prices; customer actions or developments such as early aircraft retirements or reduced energy demand and other factors that may affect the level of demand and financial performance of the major industries and customers we serve; the effectiveness of our risk management framework; the impact of regulation and regulatory, investigative and legal proceedings and legal compliance risks, including the impact of financial services regulation and litigation; adverse market conditions, timing of and ability to obtain required bank regulatory approvals, or other factors relating to us or Synchrony Financial that could prevent us from completing the Synchrony Financial split-off as planned; our capital allocation plans, as such plans may change including with respect to the timing and size of share repurchases, acquisitions, joint ventures, dispositions and other strategic actions; our success in completing, including obtaining regulatory approvals for, announced transactions, such as the proposed transactions and alliances with Alstom, Appliances and our announced plan to reduce the size of our financial services businesses, and our ability to realize anticipated earnings and savings; our success in integrating acquired businesses and operating joint ventures; the impact of potential information technology or data security breaches; and the other factors that are described in "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2014. The transaction is expected to close in stages over the next several months, subject to customary regulatory and other approvals. Executive Director. FORMER. Global Jet has agreed to acquire GE Capital Corporate Aircraft in the Americas' aircraft lease and loan portfolio representing $2.5 billion of net assets. With people, services, technology and scale, GE delivers better outcomes for customers by speaking the language of industry. March 2020 What It Is: An aircraft financing and sales company, Global Jet Capital had more than 175 airplanes valued at over $2.6 billion under management as of October 2019. The business is capitalized by world-class private investors with expertise in the global aviation industry: AE Industrial Partners, The Carlyle Group and GSO Capital Partners, a Blackstone company, in partnership with Franklin Square Capital Partners. With over $2.6 billion in assets under management, Global Jet Capital provides financing solutions for the business aircraft market. All businesses recognize the purpose of enterprise is profit. Added 16 experienced former GE employees to the Global Jet Capital team. 2500 N. Military Trail, Suite 470, Boca Raton, FL 33431 | 844.436.8200 |!!!!globaljetcapital.com! Forward-looking statements by their nature address matters that are, to different degrees, uncertain, such as statements about our announced plan to reduce the size of our financial services businesses, including expected cash and non-cash charges associated with this plan; expected income; earnings per share; revenues; organic growth; margins; cost structure; restructuring charges; cash flows; return on capital; capital expenditures, capital allocation or capital structure; dividends; and the split between Industrial and GE Capital earnings. We offer a management team with expertise in financing, asset management, acquisition, marketing, lease administration and product support that understands the intricacies of the private aircraft market. Global Jet Capital is a financial services company providing financing solutions for the private aircraft market. “ Global Jet Capital plans to continue to use the ABS market as an integral part of its funding strategy in the future. Since joining Carlyle in 1996, Mr. Palmer has played an important role in a number of key Carlyle investments in the sector, including Aviall, Avio, Global Jet Capital, Landmark Aviation, Sequa Corp, Wesco … GE’s Investor Relations website at www.ge.com/investor and our corporate blog at www.gereports.com, as well as GE’s Facebook page and Twitter accounts, including @GE_Reports, contain a significant amount of information about GE, including financial and other information for investors. A finance lease (also known as a capital lease) provides financing for up to 100% of the cost of a private jet. Each invention further fuels innovation and application across our industrial sectors. We maintain full compliance with the Foreign Corrupt Practices Act (FCPA), a law that impacts every U.S. company conducting business outside the U.S. With over $2.6B in assets under management, Global Jet Capital specializes in financial solutions for the business aircraft market. By Glen Fest February 26, 2021, 3:02 p.m. EST 1 Min Read Global Jet Capital is marketing $663.1 million in aircraft-finance ABS bonds, secured mostly by operating lease contract receivables … The Corporate Air portfolio includes loans and leases as well as more than 300 fixed-wing aircraft across the U.S., Canada, Mexico and Latin America. Global Jet Capital serves virtually all jurisdictions and has the capital and expertise to meet the needs of the global private aircraft market, with flexibility and speed. We relentlessly challenge the status quo with flexibility, creativity and innovation to improve and simplify the customer experience. With world-class investors and access to multiple channels of capital liquidity, we have firmly established ourselves as leaders in business aircraft financial solutions with the experience and committed capital to grow its business for the long term. Global Jet Capital, a financing solutions provider for private jets, completed its previously announced purchase of GE Capital’s corporate aircraft financing portfolio, valued at about $2.5 billion. Capitalized by three global investment firms, and managed by a team of industry veterans, Global Jet Capital has been committed from day 1 to providing a full range of customized financing solutions solely for business aviation. GE is organized around a global exchange of knowledge, the "GE Store," through which each business shares and accesses the same technology, markets, structure and intellect. We generate our indicative terms by considering the aircraft type and specification, estimated annual hourly usage, primary hangar location, aircraft operator, and registration. Global Jet Capital, a provider of financing solutions for large-cabin, long-range private jets, announces that it has now completed the final elements of its acquisition of GE’s fixed-wing … Special Feature Contributor: Jason Thomas, Managing Director and Head of Global research for The Carlyle Group, discussing the global economic impact of COVID-19. With more than two hundred years of collective experience and thousands of aircraft transactions behind us, we are uniquely qualified to do what we do.