GE Capital Aviation Services To Lease Nine Airbus A319 To Allegiant Air

STAMFORD, Conn., September 10, 2012 - GE Capital Aviation Services (GECAS), the mercial aircraft leasing and financing arm of GE, announced it has signed agreements to lease nine Airbus A319 aircraft to Allegiant Air to expand the carrier's current fleet. All nine aircraft are powered with CFM56-5B engines.

The first aircraft is scheduled for delivery to Allegiant in November 2012, with the remaining scheduled for delivery through 2015.

Allegiant, Travel is our deal. ® Las Vegas-based Allegiant Travel Company® (NASDAQ: ALGT) is focused on linking travelers in small cities to world-class leisure destinations. Through its subsidiary, Allegiant Air, the pany operates a low-cost, high-efficiency, all-jet passenger airline, and offers other travel-related products such as hotel rooms, rental cars, and attraction tickets through its website, allegiant...

About GE Capital Aviation Services (GECAS)

GECAS, the U.S. and Irish mercial aircraft financing and leasing business of GE, has a fleet of over 1,710 owned and managed aircraft with approximately 235 airlines in over 75 countries. GECAS offers a wide range of aircraft types and financing options, including operating leases and secured debt financing, and also provides productivity solutions including spare engine leasing, spare parts financing and management. GECAS, a unit of GE Capital, has offices in 24 cities around the world.