On Monday, Shares of General Electric Company (NYSE:GE), lost -0.66% to $27.21.
GE Capital Aviation Services (GECAS), the aviation leasing and financing arm of General Electric Company, declared a firm order for 60 Airbus A320neo family aircraft. All of the aircraft will be powered by CFM’s LEAP-1A engine.
The agreement was jointly declared recently by GECAS President and CEO Norman C.T. Liu and Airbus Chief Operating Officer, Customers John Leahy. This new order brings the total number of A320neo aircraft ordered by GECAS to 120.
“We continue to see demand from our customers for reliable and fuel-efficient narrow body aircraft like the A320neo and this order positions GECAS to meet that demand,” said Norman C.T. Liu, President and CEO of GECAS.
“GECAS’ order for more of our best-selling A320neo aircraft underscores the ongoing strong market demand for these innovative, fuel-efficient and productive aircraft. These undisputed credentials make the A320neo an irresistible investment for leasing companies like GECAS who are committed to offering their customers products which deliver a solid return on investment,” said John Leahy, Airbus Chief Operating Officer, Customers. “The unmatched, low operating costs and proven high dispatch reliability of the A320 Family make it a strong asset in GECAS’ portfolio.”
General Electric Company (GE) operates as an infrastructure and financial services company worldwide. The company’s Power and Water segment offers gas, steam and aeroderivative turbines, nuclear reactors, generators, combined cycle systems, controls, and related services; wind turbines; and water treatment services and equipment.
Shares of The Bank of New York Mellon Corporation (NYSE:BK), declined -0.89% to $43.29, during its last trading session.
UpPrize, the BNY Mellon Social Innovation Challenge, has selected eight finalists, who will pitch their ideas to a panel of nationally-recognized judges for an opportunity to win $800,000 in a competition that will ultimately award $1 million in grants, investments and technical assistance as part of BNY Mellon’s planned effort to address critical community and societal issues. UpPrize is a unique partnership between BNY Mellon, the BNY Mellon Foundation of Southwestern Pennsylvania and The Forbes Funds.
The public is invited to attend the UpPrize finale event, Friday, July 31 at the New Hazlett Theater where the finalists will pitch their ideas. The UpPrize winners will be declared live, on site. For more information and to register, visit www.upprize.org/final-event/.
The Bank of New York Mellon Corporation, an investment company, provides financial products and services to institutions, corporations, and high net worth individuals in the United States and internationally. It operates through two segments, Investment Administration and Investment Services.
Finally, American Express Company (NYSE:AXP), ended its last trade with -0.35% loss, and closed at $79.25.
On June 4, American Express, declared the opening of The Centurion Lounge in Miami International Airport (MIA), its first location in the Southeast U.S., and fifth in the country. Located in the North Terminal in Concourse D, The Centurion Lounge in MIA will provide 8,000 square feet of space for Card Members to recharge and reboot on the way to their final destination.
Access to the Centurion Lounge network is exclusive to American Express Card Members, and a key complimentary benefit for Platinum Card Members as part of a suite of benefits that assist make travel more seamless.
Once in the lounge, its range of amenities allows Card Members to enjoy an all-inclusive haven in the airport. The lounge comprises complimentary:
- World-class food from local James Beard award-winning Chef Michelle Bernstein
- Beverages from renowned Mixologist Jim Meehan
- Spa treatments from exhale® spa, counting massages and manicures
- Dedicated work spaces with high-speed wifi and plenty of power outlets
- Cozy semi-private nooks
- Soundproof kids play area.
American Express Company, together with its auxiliaries, provides charge and credit payment card products and travel-related services to consumers and businesses worldwide. The company operates through four segments: U.S. Card Services, International Card Services, Global Commercial Services, and Global Network & Merchant Services.
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