April 14, 2022 – Fort Lauderdale, Florida – GA Telesis, LLC (“GAT”) announces the delivery of its third B737-800SF (MSN 28616) passenger-to-freighter (“P2F”) conversion. This is the second freighter aircraft delivered to Bulgarian-based Compass Cargo Airlines. The aircraft was converted by Aeronautical Engineers, Inc. (“AEI”) authorized Conversion Center, Commercial Jet, in Miami.
GA Telesis’ Leasing, Investment, Financing & Trading (“LIFT”) Group has continued executing its passenger-to-freighter conversion strategy since announcing its expansion in the air cargo market in July 2020. With three B737-800SF converted aircraft in service, LIFT still holds nine more confirmed slots for this popular P2F airframe.
“GA Telesis is very excited to expand its relationship with Compass Cargo Airlines as it strives to meet the incredible demand for air cargo capacity in the European market,” according to Marc Cho, Chief Investment Officer and President of LIFT. Cho further remarked, “Air cargo continues to be a key area of focus for the GA Telesis Ecosystem™ of products and services, and we are thrilled to provide solutions to valued customers like Compass.”
“Compass Cargo intends to play an important role going forward in the European cargo market with our growing B737-800SF freighter fleet and we’re delighted to be working with GA Telesis for aircraft leases,” commented Fatih Bayram, Vice President – Technical, Compass Cargo.
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 Component Solutions, Leasing/Financing, Logistics 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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