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DewDiligence

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DewDiligence

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Tuesday, 06/20/2017 10:52:04 AM

Tuesday, June 20, 2017 10:52:04 AM

Post# of 29231
GE’s aircraft-leasing business is now the largest component of GE Capital:

https://www.wsj.com/articles/ge-plans-2-billion-joint-venture-to-build-its-jet-leasing-business-1497864603

The unit is now the largest in GE Capital and supports the company’s larger aircraft-engine and services portfolio. Some 85% of its aircraft fleet is powered by GE engines—including planes ordered Monday—with much of the repair work steered back to the company.

This is how captive finance units should work, IMO, and it was how GE Capital originally worked many years ago.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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