Press Releases

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

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

GA Telesis Announces Significant Capital Raise

Ft. Lauderdale, FL – GA Telesis, LLC (“GAT”), today announced that Global Principal Finance Company, LLC (GPFC), a wholly owned subsidiary of Merrill Lynch & Co., Inc., has taken a minority stake in GAT for an undisclosed sum. The investment is part of a larger capital raise of GAT which includes new debt facilities to support its continued growth in aircraft and jet engine ownership and leasing, parts re-distribution and other strategic initiatives. The existing… Read more

GA Telesis Announces the Acquisition of Two (2) Airbus A300B4-601 (MSN 371 and MSN 377) Widebody Aircraft Equipped with General Electric Cf6-80C2 Engines from Thai Airways International

Ft. Lauderdale, FL – GA Telesis announced that it has acquired two (2) Airbus A300B4-601 aircraft from Thai Airways International. The aircraft will enter the GA Telesis disassembly production line and be remarketed by their Aircraft Systems Group (ASG) and Turbine Engine Group (TEG), respectively. The engines will be entered into GA Telesis’ CF6-80C2 engine lease pool. GA Telesis continues to be a global leader in the commercial aviation industry. Specializing in commercial aircraft and… Read more

GA Telesis Announces the Sale of Two (2) Boeing 737-300 Aircraft to Global Aviation Leasing Partners (GALP)

Ft. Lauderdale, FL – GA Telesis announced that it has sold two (2) Boeing 737-300 aircraft to Global Aviation Leasing Partners. The aircraft bearing serial numbers 23597 and 23598 were last operated by Delta Air Lines. The aircraft will be put through heavy maintenance and then remarketed to potential airline customers worldwide by GALP. GA Telesis has fast become a global leader in the commercial aviation industry. Specializing in commercial aircraft and jet engine finance… Read more

GA Telesis Announces the Acquisition of One (1) Boeing 737-300 Aircraft

Ft. Lauderdale, FL – GA Telesis announced that, in participation with Global Principal Finance Company LLC, it has purchased one (1) Boeing 737-300 aircraft from CIT Aerospace. The aircraft bearing serial number 23237 is currently on lease to US Airways through 2007. 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… Read more

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