General Electric mulls options for aircraft leasing unit-sources

General Electric is exploring options for its aircraft leasing operations, including the sale of all or part of the business, as CE John Flannery searches for new divestitures, according to people familiar with the matter. GE is considering options for GE Capital Aviation Services (GECAS), the world's second-largest lessor, following expressions of interest from some of its competitors, the sources said Monday. A spin-off of the business is also a possibility, the sources said, cautioning that GE may decide to keep the business. Consolidation in the sector has intensified in the last few years, as Asian competitors chip away at the market shares of AerCap and GECAS. GE is looking to bounce back after what Flannery last month called horrible results in Q3. <br/>