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Boeing Capital was incorporated in 1968 as McDonnell Douglas Finance, [citation needed] but this name was changed to Boeing Capital in 1997, when Boeing merged with the McDonnell Douglas Corporation. [4] [5] The subsidiary is known as a worldwide provider of financial services, but primarily supports its parent corporation. [6]
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Customers finance these aircraft through the following GECAS offerings: [12] Operating leases; Purchase leaseback agreements; Secured loans; Aircraft servicing; Additionally, GECAS's successor "AerCap" buys, leases and finances aircraft engines from GE and CFM, as well as from manufacturers Rolls-Royce, Pratt & Whitney, IAE and Engine Alliance ...
Father and son team Leslie Gonda and Louis L. Gonda founded ILFC in 1973 along with Steven F. Udvar-Házy. [citation needed] The company was acquired by international insurance giant American International Group (AIG) in 1990, although the unit was still run by Udvar-Hazy until he retired in February 2010, when he was succeeded by vice-chairman Alan Lund.
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The Biden administration is making $482 million available to aviation industry manufacturers to help them avert job or pay cuts in the pandemic. The taxpayer-funded relief will cover up to half of ...
The Air Force Financial Services Center (AFFSC) was a Field Operating Agency of the United States Air Force. The center was located at Ellsworth Air Force Base in Rapid City , South Dakota. Its mission was to centrally process all military pay and travel pay transactions for the Air Force, and to answer financial services questions from Air ...
The Defense Finance and Accounting Service (DFAS) is an agency of the United States Department of Defense (DOD), headquartered in Indianapolis, Indiana.The DFAS was established in 1991 under the authority, direction, and control of the Under Secretary of Defense (Comptroller)/Chief Financial Officer to strengthen and reduce costs of financial management and operations within the DOD.