GE unit to buy 100 Boeing jets

GE Capital Aviation Services committed to purchasing 100 jets from Boeing Co., with plans to lease them to airlines.

GE Capital Aviation Services (GECAS) has its main office in Stamford and is a division of Fairfield-based General Electric Co.

GECAS is buying 75 Boeing 737 MAX models, and 25 Boeing 737-800s. Late last month, GECAS announced a contract to lease 10 Boeing 737-800s to China Southern Airlines, with those aircraft already on order from Boeing.

GECAS has a fleet of more than 1,700 owned and managed aircraft and agreements with approximately 235 airlines in over 75 countries.