July 8, 2020 – Fort Lauderdale, Florida – GA Telesis, LLC (“GAT”) announces the purchase of a V2527-A5 engine from Air New Zealand.
The engine will be immediately inducted for disassembly and adds to an already impressive expansion of product lines within the Component Solutions Group over the last five years. Upon completion, the used serviceable material (USM) will be repaired and made available to GA Telesis’ airline and MRO customers worldwide. This engine will bolster GAT’s USM inventory and provide new cost-saving solutions for airlines as they begin to rebuild flight networks during these demanding times.
“This transaction was a great collaboration between our Asset Transaction Group and Component Solutions Group. We are excited to have worked with Air New Zealand in procuring this V2527-A5 engine and look forward to continue supporting our airline customers worldwide,” commented Alex Tuttle, Chief Operating Officer, Component Solutions Group. “This is the 11th engine we have purchased since the COVID-19 pandemic and it is our intention to continue to grow our inventory to support our supply-chain needs, both in good times and in bad,” added Tuttle.
About GA Telesis CSG
GA Telesis’ Component Solutions Group (CSG) is a global integrator of component supply-solutions operating in the aviation sector serving over 3,000 customers worldwide with sales and services including, aircraft and engine component support, asset management, flight-hour programs, repair management, inventory lease/finance, vendor management, and other unique tailor-made supply-chain solutions. CSG is the only company of its type to have significant component distribution operations on four continents and customer support offices positioned on six continents. With the addition of its ACCESS flight control management and iGEAR flight-hour solutions, CSG can manage a customer’s complete supply chain needs.
About GA Telesis LIFT/ATG
LIFT is the group within the GA Telesis Ecosystem responsible for Leasing, Investments, Finance & Trading through its business units ATG, LFG, and CMG. The Asset Transaction Group (ATG) engages in aircraft and engine leasing and trading. The Leveraged Financing Group (LFG) is a direct lending platform that provides senior debt, sub-debt, and uni-tranche financing solutions for lessors, investors, and airlines. The Capital Management Group (CMG) oversees third-party investor capital, including the GAIN 1 and 2 vehicles.
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