GE Capital Aviation Services (
GECAS) is an Irish-American commercial aircraft financing and leasing company. It is the largest commercial airline leasing/financing company in the world. It is part of
GE Capital, a company of the large conglomerate
General Electric. GECAS buys aircraft from manufacturers like Airbus and Boeing and then leases them to airlines, typically on eight year leases, usually on
dry lease contracts. It also buys aircraft from airlines and leases them back. The company has three global headquarters, located in
Singapore;
Shannon, County Clare and
Norwalk, Connecticut.