FORT LAUDERDALE, Fla .– (COMMERCIAL THREAD) –GA Telesis has signed an agreement to acquire a fleet of 777-300ER aircraft powered by GE90-115B engines with an undisclosed vendor. With the world’s leading aeronautical ecosystem and given the relative size of the acquisition, GA Telesis’ The plan for this fleet will encompass a broad strategy of aircraft leasing, engine leasing, as well as airframe and engine spare parts.
According to Marc Cho, president of the LIFT (Leasing, Investments, Finance & Trading) Group, “We were the first to manage 777 fleet divestiture strategies during the financial crisis, and we have built an extensive customer network for the product line. With around 1,000 aircraft in service, GA Telesis is proud to support a wide variety of clients across the GA Telesis Ecosystem ™, as the long-haul market prepares for the resumption of passenger traffic. ”
GA Telesis has achieved great success with the 777 platform, from the world’s very first detached 777 to the multitude of aircraft it has acquired and managed over the past decade. More recently, GA Telesis Partly acquired three aircraft from All Nippon Airways, following the award of the seven-year Cathy Pacific 777 fleet alienation contract.
About GA Telesis
RAISE is the group within the GA Telesis Ecosystem ™ responsible for leasing, investments, finance and trade through its business units ATG, LFG and CMG. the Asset Transaction Group (ATG) is engaged in the rental and trading of airplanes and engines. the Leverage Finance Group (LFG) is a direct lending platform that provides senior debt, secondary debt and uni-tranche financing solutions to lenders, investors and airlines. the Capital Management Group (GGC) oversees the capital management of third party investors, including GAIN 1 and 2 vehicles.