Press Releases

Press Release
GA Telesis Closes $270 Million Warehouse Facility

GA Telesis Closes $270 Million Warehouse Facility

Ft. Lauderdale, FL – GA Telesis, LLC (“GAT”), today announced the closing of a $270 million warehouse credit facility (“the Facility”) arranged and underwritten by Merrill Lynch Credit Products, LLC; HSH Nordbank, acting through its New York office; and DVB Bank AG. The facility will be used to expand GA Telesis’ existing commercial jet engine and aircraft leasing business and is in addition to the ABL facility the company obtained with Wachovia Bank N.A. in… Read more

GA Telesis Announces the Acquisition of One (1) Boeing 737-300 on Lease to airBaltic (MSN 27454)

GA Telesis Announces the Acquisition of One (1) Boeing 737-300 on Lease to airBaltic (MSN 27454)

Ft. Lauderdale, FL- January 1, 2008 – GA Telesis, LLC (“GAT”), today announced that it has acquired one (1) Boeing 737-300 aircraft from International Transport Finance Ltd. The aircraft is currently on lease to airBaltic. GA Telesis has fast become a global leader in the commercial aviation industry. Specializing in commercial aircraft and jet engine finance and leasing as well as maintaining one of the world’s largest replacement component distribution inventory networks, GA Telesis serves… Read more

GA Telesis Announces the Acquisition of Four (4) Bombardier CRJ-200LR Regional Jet Aircraft

GA Telesis Announces the Acquisition of Four (4) Bombardier CRJ-200LR Regional Jet Aircraft

Ft. Lauderdale, FL – GA Telesis announced that it has purchased four (4) Bombardier CRJ-200LR jet aircraft (serial numbers 7307, 7308, 7340 and 7349). The aircraft will be remarketed for lease to airlines worldwide. GA Telesis continues to be a global leader in the commercial aviation industry. Specializing in commercial aircraft and jet engine finance and leasing as well as maintaining one of the world’s largest replacement component distribution inventory networks. With customers on six… Read more

GA Telesis UK Achieves AS9120:2002 Certification

GA Telesis UK Achieves AS9120:2002 Certification

Bournemouth, United Kingdom – GA Telesis UK announced that it successfully passed its audit by QMI and its quality system is now certified to AS9120:2002; the highest level of organizational and quality assurance certification standard available for aerospace companies. Based on ISO 9001, AS9120 includes additional aerospace-specific require ments that are identified within the body of the standard. This new standard enables organizations to easily iden tify where core aerospace requirements exist within ISO 9001.… Read more

GA Telesis Provides over $32,000 in Charitable Gifts to Kids in Distress and His House Children’s Home and the Noely V. Tovar Charitable Trust.

GA Telesis Provides over $32,000 in Charitable Gifts to Kids in Distress and His House Children’s Home and the Noely V. Tovar Charitable Trust.

Ft. Lauderdale, FL – GA Telesis, LLC announced that in a concerted effort with its partners, vendors, customers, employees and families, it has raised over $22,000 for the His House Children’s Home (Miami) and Kids In Distress (Ft. Lauderdale). GA Telesis has also raised an additional $10,000 for the Noely V. Tovar Charitable Education Trust. “Supporting those less fortunate in our local community is more than corporate responsibility, it is a pillar in our foundation,”… Read more

GA Telesis Announces the Acquisition of Eleven (11) Retired DC9-30 Series Airframes from Northwest Airlines

GA Telesis Announces the Acquisition of Eleven (11) Retired DC9-30 Series Airframes from Northwest Airlines

Ft. Lauderdale, FL – GA Telesis, LLC announced that it has acquired eleven (11) retired (Douglas) DC9-32 airframes from Northwest Airlines. The airframes will deliver over time with the first being delivered on or about September 27, 2007. The airframes shall be inducted into GA Telesis’ disassembly production line and remarketed by their Aircraft Systems Group GA Telesis continues to be a global leader in the commercial aviation industry. Specializing in commercial aircraft and jet… Read more

GA Telesis Announces the Acquisition of Five (5) Airbus A320-200 Aircraft on Lease to British Airways (MSNs 039, 042, 103, 109, 120)

GA Telesis Announces the Acquisition of Five (5) Airbus A320-200 Aircraft on Lease to British Airways (MSNs 039, 042, 103, 109, 120)

Ft. Lauderdale, FL- August 27, 2007 – GA Telesis, LLC (“GAT”), today announced that it has acquired five (5) Airbus A320-200 aircraft from MALC (Millennium Aircraft Leasing Company Limited). All of the aircraft are currently on lease to British Airways. “This transaction represents yet another milestone for GA Telesis: our largest unit buy of aircraft as well as our first aircraft lease transaction with British Airways,” commented Abdol Moabery, President/CEO of GA Telesis. GA Telesis… Read more

GA Telesis Announces the Acquisition of Two (2) Bombardier CRJ-100ER Jet Aircraft

GA Telesis Announces the Acquisition of Two (2) Bombardier CRJ-100ER Jet Aircraft

Ft. Lauderdale, FL – GA Telesis announced that it has purchased (2) Bombardier CRJ-100ER jet aircraft. The aircraft will be remarketed for lease to airlines worldwide. GA Telesis continues to be a global leader in the commercial aviation industry. Specializing in commercial aircraft and jet engine finance and leasing as well as maintaining one of the world’s largest replacement component distribution inventory networks. With customers on six continents, GA Telesis serves hundreds of airlines and… Read more

GA Telesis Announces Acquisition of Two (2) Airbus A340-200

GA Telesis Announces Acquisition of Two (2) Airbus A340-200

Ft. Lauderdale, FL- July 6, 2007 – GA Telesis, LLC (“GAT”), today announced that its affiliate, Aldebaran Leasing Limited, a joint venture with EB-Erste Bank Internationale Beteiligungen GmbH (“EBIB”) has acquired two Airbus A340-200 aircraft (serial numbers 014 and 022). The aircraft will remain on long-term lease to Royal Jordanian Airlines. “This transaction represents several milestones for GA Telesis: our largest individual asset transaction price per aircraft, our first Airbus A340 acquisition and our first… Read more

GA Telesis Appoints James “Jim” H. Geer Jr. as Senior Vice President of its Aircraft and Engine Leasing Business

GA Telesis Appoints James “Jim” H. Geer Jr. as Senior Vice President of its Aircraft and Engine Leasing Business

Ft. Lauderdale, FL- July 30, 2007 – GA Telesis, LLC (“GAT”), today announced the appointment of James “Jim” H. Geer Jr., as Senior Vice President, in charge of the management of its growing aircraft and engine leasing business, effective August 1, 2007. Mr. Geer joins GA Telesis from Airbus Industrie North America, where his most recent position was Senior Director of Asset Management. He will be based in Ft. Lauderdale, FL and will be responsible… Read more