CDPQ and GE Capital Aviation Services Form Global Aircraft Financing Platform
Increasingly, Asian institutional investors, such as Korean insurers, and North American pensions are backing investments in the world of aviation by providing steady financing in a capital-intensive cyclical industry. Caisse de dépôt et placement du Québec (CDPQ) and GE Capital Aviation Services Limited (GECAS), an aircraft leasing company of GE, announced that they have signed a commitment letter to create a US$ 2 billion global aircraft financing platform called Einn Volant Aircraft Leasing (EVAL). [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]
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