August 10, 2021 – Fort Lauderdale, Florida – GA Telesis, LLC (“GAT”) announces the delivery of its second B737-800SF (MSN 28826) passenger-to-freighter (“P2F”) conversion to Compass Cargo Airlines, Bulgaria. The aircraft was delivered from Aeronautical Engineers, Inc. (“AEI”) authorized Conversion Center, Commercial Jet, in Miami. This follows the delivery of the first B737-800SF freighter to Ethiopian Airlines in March 2021.
GA Telesis’ Leasing, Investment, Financing & Trading (“LIFT”) Group has achieved great success since announcing their expansion in the air cargo market, leading LIFT to commit to four additional firm orders for P2F conversions with AEI.
“We are delighted to partner with Compass Cargo Airlines to provide their first B737-800SF. Compass Cargo Airlines is a new, rapidly growing operator in the narrow body freighter space, and we are very pleased to be able to support their B737-800SF needs to facilitate their successful expansion,” commented Marc Cho, President of LIFT.
“We are ecstatic with the delivery of our first B737-800SF. The B737-800SF will allow us to offer our customers the most advanced narrow-body freighter technology with high fuel efficiency and increased capacities. GA Telesis is the ideal partner, supporting us to grow our fleet in accordance with the increasing demand for this aircraft,” said Pentcho Pentchev, Managing Director, Compass Cargo Airlines, Bulgaria.
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,” built from a reputation for unsurpassed excellence and integrity.
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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, asset management, and remarketing.
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