General Electric ’s aircraft financing and leasing business GE Capital Aviation Services ( GECAS ) may soon be up for sale , but one analyst warned its value may be overstated . Private equity firm Apollo Global Management is said to be working on a bid for GECAS , which had a reported value of $ 40.6bn in Q3 . Yet Gordon Haskett analyst John Smith said third - party assessment showed the aircraft financing portfolio to be worth $ 25.8bn rather than the reported $ 32.8bn , while the helicopter leasing unit is closer to $ 2bn than $ 4bn . While GECAS is widely considered to be the crown jewel of the GE Capital portfolio ... Additionally , Inch said the fleet is also worth less per aircraft than reported .
General Electric ’s aircraft financing and leasing business GE Capital Aviation Services ( GECAS ) may soon be up for sale , but one analyst warned its value may be overstated . Private equity firm Apollo Global Management is said to be working on a bid for GECAS , which had a reported value of $ 40.6bn in Q3 . Yet Gordon Haskett analyst John Smith said third - party assessment showed the aircraft financing portfolio to be worth $ 25.8bn rather than the reported $ 32.8bn , while the helicopter leasing unit is closer to $ 2bn than $ 4bn . Additionally , Inch said the fleet is also worth less per aircraft than reported .