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GE to merge aircraft leasing unit with rival AerCap in a $30 billion deal as industry faces more pandemic turmoil

General Electric on Wednesday said it will sell its jet-leasing business to 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. The deal would give […]

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