CNBC Television published this video item, entitled “GE to combine aircraft leasing unit with rival AerCap” – below is their description.
General Electric on Wednesday said it reached a deal to combine its jet-leasing business with rival AerCap in a deal valued at $30 billion, a move that would create a massive lessor as the aviation industry struggles through the Covid-19 pandemic and GE moves to reduce its debt load. CNBC’s “Squawk Box” crew reports.
CNBC Television YouTube Channel
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