FILE PHOTO: The logo of U.S. conglomerate General Electric is pictured at the site of the company’s energy branch in Belfort, France, February 5, 2019. REUTERS/Vincent Kessler
July 27, 2021
BRUSSELS (Reuters) – EU antitrust regulators on Tuesday approved without conditions Irish aircraft leasing company AerCap’s $30 billion bid for General Electric’s aircraft leasing business, according to a filing on the European Commission website.
The deal between the world’s two largest aircraft leasing companies would create a new financing giant and the largest buyer of jetliners built by planemakers Airbus and Boeing.
The European Commission said it did not see any competition issues, confirming a Reuters story last week.
(Reporting by Foo Yun Chee)