GECAS Delivers Two Leased EMBRAER 170 Jets to US Airways

08 March 2004

STAMFORD, Conn., March 8, 2004 - GE Commercial Aviation Services (GECAS) today announced that it has delivered the first two new Embraer 170 jets to US Airways. US Airways plans to put the airplanes into service in early April.

In May 2003, US Airways announced an agreement to purchase a total of at least 170 regional jets from Bombardier Aerospace of Canada and Embraer of Brazil. Sixty-six (66) of the aircraft will come from existing orders GE Commercial Aviation Services (GECAS) has placed with both manufacturers.

US Airways is the seventh-largest airline in the U.S., serving nearly 200 destinations in the U.S., Canada, Europe, the Caribbean and Latin America. US Airways, US Airways Shuttle and the US Airways Express partner carriers operate over 3,200 flights per day.

GE Commercial Aviation Services (GECAS), a unit of GE Commercial Finance, is a leading provider of fleet, financing and productivity solutions to the global aviation industry. With long-standing customer relationships with more than 200 airlines in some 60 countries, GECAS has a fleet of some 1,200 owned aircraft and manages nearly 300 for others. GECAS offers a full range of aircraft fleet and financing solutions, including operating leases, finance leases and secured debt financing; engine leasing through GE Engine Leasing; pilot training through GE Commercial Aviation Training; and productivity services through its affiliate network. GECAS is headquartered in Stamford, Conn., and has regional offices in New York, Chicago, Miami, Beijing, Hong Kong, Singapore, Tokyo, Dubai, Vienna, Toulouse, Luxembourg and Shannon, Ireland.

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