May 25, 2015 – Helsinki, Finland – GA Telesis, LLC officially launched its i-TEAMSTM program during ISTAT Americas 2015. i-TEAMS (“Intelligent Total Engine Asset Management Solutions”) leverages the expertise and core competencies of GA Telesis Engine Services Oy (“GATES”) together with GA Telesis’ Asset Transaction Group (“ATG”) to design intelligent options and provide whole engine or module assets for GATES’ growing base of engine-lessor customers. Basil Papayoti, President and Director of GATES, remarked, “This is great value for our lessor community as it provides them a menu of options beyond traditional engine MRO, and it truly enables all our customers to intelligently manage their engine portfolio and maximize value, particularly in the mature portion of the engine life cycle.”
One of GATES’ first i-TEAMS customers is WNG Capital (“WiNG”). Besides receiving world class MRO service from GATES, WiNG can now take full advantage of the i-TEAMS solution to make informed maintenance and financial decisions about their engine repair requirements. Tom Keeler, Technical Director of WiNG, commented that “We found i-TEAMS was able to work for WiNG and we saw both the economic and time saving benefits offered by GATES and their product. We were able to quickly and easily evaluate all the options GATES offered, plus their customer service made it a great experience for WiNG.”
GA Telesis Engine Services Oy (“GATES”) is a full-service engine overhaul and repair station based in Helsinki, Finland operating under FAA and EASA approval. The facility is conveniently located on the Helsinki International Airport property in Vantaa, Finland which is a natural gateway and platform into the Russian and Eastern European market. GATES provides comprehensive commercial engine services including repair and overhaul services for General Electric, CFM International, and Pratt & Whitney engines with the capacity to overhaul up to 200 engines per year. GATES is a wholly owned subsidiary of GA Telesis, LLC.
About GA Telesis, LLC
GA Telesis is a worldwide leader in providing support services to the commercial aerospace industry. With financial, supply-chain, component and heavy jet engine MRO businesses spanning the globe, GA Telesis is recognized as a pioneering leader in solutions-based services in its sector. As an innovator, GA Telesis is one of the few independent companies in the world capable of providing a total-support-solution to their customers from their front door with several fully integrated operations throughout North America, Europe and Asia. GA Telesis also provides leasing and asset management services and maintains an extensive portfolio of leased assets exceeding $1 billion in value.
About WNG Capital
WNG Capital (“WiNG”) is a leading aircraft operating lessor dedicated to investing in used commercial aircraft manufactured by Airbus and Boeing. WiNG’s portfolio consists of more than 50 aircraft on lease to 33 airlines in 20 countries. WiNG’s investors include state and corporate pension funds, financial institutions and family offices. WiNG team members have in excess of 100 years of aircraft investment experience and strive to build long term, mutually beneficial relationships with their airline customers and investors.
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