US Air restructures Gecas leases

US Airways has reached an agreement with GE Capital Aviation Services, and GE Engine Services on the leasing and financing of aircraft and engines. The revised agreement will provide the airline with short-term liquidity in the form of a $140 million bridge facility.

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Bibliographic Details
Published in:Asset Finance International 2004-11, p.1
Format: Article
Language:English
Subjects:
Agreements
Aircraft
Airline code sharing
Airlines
Airports
Alliances
Bankruptcy
Bankruptcy reorganization
Debt restructuring
Leases
Online Access:Get full text
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Description
Summary:US Airways has reached an agreement with GE Capital Aviation Services, and GE Engine Services on the leasing and financing of aircraft and engines. The revised agreement will provide the airline with short-term liquidity in the form of a $140 million bridge facility.
ISSN:1367-8086