GE to combine aircraft leasing unit with rival AerCap

GE to combine aircraft leasing unit with rival AerCap

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General Electric on Wednesday said it reached a deal to combine its jet-leasing business with rival AerCap in a deal valued at $30 billion, a move that would create a massive lessor as the aviation industry struggles through the Covid-19 pandemic and GE moves to reduce its debt load. CNBC's "Squawk Box" crew reports.

By: CNBC Television
Title: GE to combine aircraft leasing unit with rival AerCap
Sourced From: www.youtube.com/watch?v=zmnwucyX27Y


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