GA Telesis Awarded Exclusive Marketing Mandate to Represent China Airlines Sale of Four 747-400 Aircraft
November 3, 2020 – Fort Lauderdale, Florida – GA Telesis, LLC (“GAT”) announces it has been awarded an exclusive mandate from China Airlines Ltd., to remarket and sell four Boeing (4) 747-400 aircraft. The remarketing mandate will be executed by GA Telesis’ Aircraft Transaction Group (“ATG”).
The 747-400s (MSNs 33734, 33735, 33736 & 33737) are powered by General Electric CF6-80C2B1F engines and are immediately available for sale, with deliveries expected in Q1 2021. ATG was selected for its extensive experience in aircraft and engine asset management and marketing, having secured over 350 individual transactions over the past ten years.
“GA Telesis is honored to have been chosen by China Airlines to manage this important project on their behalf. It is an endorsement of our ability to offer the right services to meet the needs of our worldwide customer base,” said Marc Cho, President of Leasing, Investments, Finance & Trading Group (“LIFT”).
“We are very pleased to again be working with GA Telesis. They continue to prove to be a reliable partner, and we welcome their services in remarketing these aircraft on our behalf,” said China Airlines Ltd.
This campaign is the third major remarketing project that GA Telesis has undertaken for China Airlines and reflects the strong relationship the companies enjoy.
Inquiries related to this transaction should contact: Aircraft@gatelesis.com
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.
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