AerCap settles suit with GE over plane servicing

AerCap settles suit with GE over plane servicing deals; terms not disclosed

Associated Press

NEW YORK (AP) -- Aircraft leasing company AerCap Holdings NV said Friday it has settled a lawsuit with GE Capital Corp. and GE Capital Aviation Services for undisclosed terms.

It has also withdrawn a complaint related to service agreements relating to aircraft leases with Transbrasil, a now-defunct Brazilian airline.

GE Capital Aviation Services serviced aircraft owned by AerCap and leased to Transbrasil.  That service deal ended in 2001.

Other details of the settlement weren't revealed.

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