December 1, 2020 – Fort Lauderdale, Florida – GA Telesis, LLC (“GAT”) announces the closing of an acquisition of five Bell helicopters while also concluding the sale of five Bell helicopters. All transactions have been executed by GA Telesis Rotorcraft (“GATR”). This is the second portfolio acquisition closed by GATR since its formation in November 2019, with the initial transaction covering seven Bell 206L4 models.
The acquisition of the five helicopters consisted of two (2) Bell 206L4 and three (3) Bell 206B3 models. One of the 206L4s will be marketed immediately for sale or lease. Concurrent with the purchase transaction, GATR sold the three 206B3s and the other 206L4 from the acquisition, along with a second 206L4 from GATR’s existing fleet.
“We are extremely pleased with the outcome of this complex transaction, which further substantiates our decision to enter into the rotorcraft market,” said Marc Cho, President of GA Telesis’ Leasing, Investments, Finance & Trading (“LIFT”) Group. “GATR will continue to engage the market to identify compelling opportunities to expand our rotorcraft strategy through this challenging pandemic market landscape.”
About GA Telesis
GA Telesis is the leading provider of integrated services in the commercial aviation industry. Through the GA Telesis Ecosystem™, the Company is distinctly positioned, across six continents, to leverage its resources to create innovative solutions for its customers. Consisting of global operations encompassing leasing/financing, component solutions, and MRO Services business units for landing gear, component/composite, and turbine engine repair, as well as digital solutions, the GA Telesis Ecosystem™ provides an unparalleled resource to airlines. The Company’s core business is its mission to ensure “Customer Success” which is built from a reputation for unsurpassed excellence and integrity.
About Leasing, Investments, Finance & Trading (LIFT)
LIFT is GA Telesis’ multi-strategy aviation platform comprised of three operating groups: Asset Transactions (ATG), Capital Management (CMG), and Leveraged Finance (LFG). LIFT specializes in aircraft and engine leasing and trading, asset-based finance, structured credit, investment management, and asset management and remarketing.
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