|
Genesis Lease
Genesis Lease Limited () was a global aircraft leasing company incorporated in Bermuda in July 2006 and had a successful IPO and New York Stock Exchange listing in December 2006. It was headquartered in Shannon, County Clare, Ireland. It acquired its initial portfolio of leased aircraft from GE Capital Aviation Services (GECAS), who continued to service the portfolio (collecting rentals, monitoring maintenance condition, etc.). On 25 March 2010 Genesis Lease Limited merged with AerCap Holdings N.V. () in an all share-for-share merger. Genesis stock was traded on the New York Stock Exchange as an American depositary receipt An American depositary receipt (ADR, and sometimes spelled ''depository'') is a negotiable security that represents securities of a foreign company and allows that company's shares to trade in the U.S. financial markets. Shares of many non-U.S ... stock under the ticker GLS. References General Electric subsidiaries Aircraft leasing companies ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
General Electric
General Electric Company (GE) is an American multinational conglomerate founded in 1892, and incorporated in New York state and headquartered in Boston. The company operated in sectors including healthcare, aviation, power, renewable energy, digital industry, additive manufacturing and venture capital and finance, but has since divested from several areas, now primarily consisting of the first four segments. In 2020, GE ranked among the Fortune 500 as the 33rd largest firm in the United States by gross revenue. In 2011, GE ranked among the Fortune 20 as the 14th most profitable company, but later very severely underperformed the market (by about 75%) as its profitability collapsed. Two employees of GE – Irving Langmuir (1932) and Ivar Giaever (1973) – have been awarded the Nobel Prize. On November 9, 2021, the company announced it would divide itself into three investment-grade public companies. On July 18, 2022, GE unveiled the brand names of the companies it will ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aircraft Lease
Aircraft leases are leases used by airlines and other aircraft operators. Airlines lease aircraft from other airlines or leasing companies for two main reasons: to operate aircraft without the financial burden of buying them, and to provide temporary increase in capacity. The industry has two main leasing types: wet-leasing, which is normally used for short-term leasing, and dry-leasing which is more normal for longer-term leases. The industry also uses combinations of wet and dry. For example, when the aircraft is wet-leased to establish new services, then as the airline's flight or cabin crews become trained, they can be switched to a dry lease. Market Operating leases of jet airliner accounted for less than 2% of the fleet in 1976, then 15% in the early 1990s, 25% in 2000 and 40% in 2017, with lessors involved in 62% of second hand mid-life aircraft transactions since 2000: 42% in Europe and 29% in North America. In 2015, over $120 billion of commercial aircraft were delivered ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
AerCap
AerCap Holdings N.V. is an Irish aircraft leasing company based in Dublin. It became the largest aircraft leasing company in the world after acquiring International Lease Finance Corporation (ILFC) in 2014, then GECAS from General Electric in 2021. Its assets include wide-body aircraft, regional jets, cargo aircraft, aircraft engines, and helicopters. General Electric owns 45.4% of the company. Business Portfolio As of December 31, 2021, it had 3,701 aircraft, engines and helicopters owned, on order or managed, including 1,756 owned aircraft, 196 managed aircraft, 417 new aircraft on order, with a weighted average age of 7.1 years, and over 900 owned and managed aircraft engines, primarily manufactured by General Electric and CFM International. Through Milestone Aviation Group, its subsidiary, it owns 355 helicopters. The company is one of the largest purchasers of aircraft from Boeing, Airbus, and Embraer and one of the largest purchasers of aircraft engines from CFM Internat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
City
A city is a human settlement of notable size.Goodall, B. (1987) ''The Penguin Dictionary of Human Geography''. London: Penguin.Kuper, A. and Kuper, J., eds (1996) ''The Social Science Encyclopedia''. 2nd edition. London: Routledge. It can be defined as a permanent and densely settled place with administratively defined boundaries whose members work primarily on non-agricultural tasks. Cities generally have extensive systems for housing, transportation, sanitation, utilities, land use, production of goods, and communication. Their density facilitates interaction between people, government organisations and businesses, sometimes benefiting different parties in the process, such as improving efficiency of goods and service distribution. Historically, city-dwellers have been a small proportion of humanity overall, but following two centuries of unprecedented and rapid urbanization, more than half of the world population now lives in cities, which has had profound consequences for g ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shannon, County Clare
Shannon () or Shannon Town (), named after the river near which it stands, is a town in County Clare, Ireland. It was given town status on 1 January 1982. The town is located just off the N19 road, a spur of the N18/M18 road between Limerick and Ennis. It is the location of Shannon Airport, an international airport serving the Clare/Limerick region in the west of Ireland. History Shannon is a new town. Spearheaded by Brendan O'Regan, it was built in the 1960s on reclaimed marshland alongside Shannon Airport, along with the Shannon Free Zone industrial estate. The residential areas were intended as a home for the thousands of workers at the airport, surrounding industries and support services. Population growth was never as fast as planned throughout the first few decades of the town's existence. This was partly due to the proximity of 'friendly' places to live, such as Ennis town and Limerick city, or even the nearby village of Newmarket-on-Fergus. The 'planned' nature of t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aircraft Leasing
Aircraft leases are leases used by airlines and other aircraft operators. Airlines lease aircraft from other airlines or leasing companies for two main reasons: to operate aircraft without the financial burden of buying them, and to provide temporary increase in capacity. The industry has two main leasing types: wet-leasing, which is normally used for short-term leasing, and dry-leasing which is more normal for longer-term leases. The industry also uses combinations of wet and dry. For example, when the aircraft is wet-leased to establish new services, then as the airline's flight or cabin crews become trained, they can be switched to a dry lease. Market Operating leases of jet airliner accounted for less than 2% of the fleet in 1976, then 15% in the early 1990s, 25% in 2000 and 40% in 2017, with lessors involved in 62% of second hand mid-life aircraft transactions since 2000: 42% in Europe and 29% in North America. In 2015, over $120 billion of commercial aircraft were delivered ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bermuda
) , anthem = "God Save the King" , song_type = National song , song = " Hail to Bermuda" , image_map = , map_caption = , image_map2 = , mapsize2 = , map_caption2 = , subdivision_type = Sovereign state , subdivision_name = , established_title2 = English settlement , established_date2 = 1609 (officially becoming part of the Colony of Virginia in 1612) , official_languages = English , demonym = Bermudian , capital = Hamilton , coordinates = , largest_city = Hamilton , ethnic_groups = , ethnic_groups_year = 2016 , government_type = Parliamentary dependency under a constitutional monarchy , leader_title1 = Monarch , leader_name1 = Charles III , leader_title2 = Governor , leader_name2 = Rena Lalgie , leader_title3 = Premier , leader_name3 = Edward David Burt , legislature = Parliament , upper_house = Senate , lower_house = House of Assembly , area_km2 = 53.2 , area_sq_mi = 20.54 , area_rank = , percent_water = 27 , elevation_max_m = 79 , ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New York Stock Exchange
The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its listed companies at US$30.1 trillion as of February 2018. The average daily trading value was approximately 169 billion in 2013. The NYSE trading floor is at the New York Stock Exchange Building on 11 Wall Street and 18 Broad Street and is a National Historic Landmark. An additional trading room, at 30 Broad Street, was closed in February 2007. The NYSE is owned by Intercontinental Exchange, an American holding company that it also lists (). Previously, it was part of NYSE Euronext (NYX), which was formed by the NYSE's 2007 merger with Euronext. History The earliest recorded organization of securities trading in New York among brokers directly dealing with each other can be traced to the Buttonwood Agreement. Previously, securiti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
AerCap Holdings N
AerCap Holdings N.V. is an Irish aircraft leasing company based in Dublin. It became the largest aircraft leasing company in the world after acquiring International Lease Finance Corporation (ILFC) in 2014, then GECAS from General Electric in 2021. Its assets include wide-body aircraft, regional jets, cargo aircraft, aircraft engines, and helicopters. General Electric owns 45.4% of the company. Business Portfolio As of December 31, 2021, it had 3,701 aircraft, engines and helicopters owned, on order or managed, including 1,756 owned aircraft, 196 managed aircraft, 417 new aircraft on order, with a weighted average age of 7.1 years, and over 900 owned and managed aircraft engines, primarily manufactured by General Electric and CFM International. Through Milestone Aviation Group, its subsidiary, it owns 355 helicopters. The company is one of the largest purchasers of aircraft from Boeing, Airbus, and Embraer and one of the largest purchasers of aircraft engines from CFM Int ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Merger
Mergers and acquisitions (M&A) are business transactions in which the ownership of companies, other business organizations, or their operating units are transferred to or consolidated with another company or business organization. As an aspect of strategic management, M&A can allow enterprises to grow or downsize, and change the nature of their business or competitive position. Technically, a is a legal consolidation of two business entities into one, whereas an occurs when one entity takes ownership of another entity's share capital, equity interests or assets. A deal may be euphemistically called a ''merger of equals'' if both CEOs agree that joining together is in the best interest of both of their companies. From a legal and financial point of view, both mergers and acquisitions generally result in the consolidation of assets and liabilities under one entity, and the distinction between the two is not always clear. In most countries, mergers and acquisitions must comp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Depositary Receipt
An American depositary receipt (ADR, and sometimes spelled ''depository'') is a negotiable security that represents securities of a foreign company and allows that company's shares to trade in the U.S. financial markets. Shares of many non-U.S. companies trade on U.S. stock exchanges through ADRs, which are denominated and pay dividends in U.S. dollars, and may be traded like regular shares of stock. ADRs are also traded during U.S. trading hours, through U.S. broker-dealers. ADRs simplify investing in foreign securities because the depositary bank "manage all custody, currency and local taxes issues". The first ADR was introduced by J.P. Morgan in 1927 for the British retailer Selfridges on the New York Curb Exchange, the American Stock Exchange's precursor. They are the U.S. equivalent of a global depository receipt (GDR). Securities of a foreign company that are represented by an ADR are called American depositary shares (ADSs). Depositary receipts ADRs are one type of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
General Electric Subsidiaries
A general officer is an officer of high rank in the armies, and in some nations' air forces, space forces, and marines or naval infantry. In some usages the term "general officer" refers to a rank above colonel."general, adj. and n.". OED Online. March 2021. Oxford University Press. https://www.oed.com/view/Entry/77489?rskey=dCKrg4&result=1 (accessed May 11, 2021) The term ''general'' is used in two ways: as the generic title for all grades of general officer and as a specific rank. It originates in the 16th century, as a shortening of ''captain general'', which rank was taken from Middle French ''capitaine général''. The adjective ''general'' had been affixed to officer designations since the late medieval period to indicate relative superiority or an extended jurisdiction. Today, the title of ''general'' is known in some countries as a four-star rank. However, different countries use different systems of stars or other insignia for senior ranks. It has a NATO rank sc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
