GA Telesis Provides $100 million Asset Financing for Major European Airline
Fort Lauderdale, FL August 26, 2014 – GA Telesis, LLC (“GA Telesis”) announced the closing of a new asset financing for a major European airline. The ten-year $100 million transaction marks the third asset based financing transaction the company has closed in the last twelve months.
Asset financing becomes yet another service that GA Telesis can provide operators and other investors in aviation assets, along with its widely known expertise in leasing, trading, acquisition, asset management, parts, and MRO services. This new program provides operators, MROs, and other aviation asset investors increased flexibility in managing their capital investment and facilitates greater focus on their core operations.
Over the next three years, GA Telesis has budgeted up to $1 billion for asset financing in various structures to meet its customers’ needs for innovative financing solutions.
The transaction was financed jointly with GA Telesis’ shareholder, Century Tokyo Leasing, under undisclosed terms.
About GA Telesis
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.
For more information, please contact Robert Loesch 720-221-5281, email@example.com