Growing up, I was always fascinated by businesses and their operations, specifically how some companies fail, while others find ways to succeed no matter the challenges. When I started college, I was placed in an accounting course by my guidance counselor. I was so intrigued I changed my major to accounting that same semester. As I ventured out into the workforce, I was lucky enough to join the GA Telesis accounting team. Early in my… Read more
When I started my commercial aviation career 38 years ago, I could never have imagined a global crisis impacting the airline industry in the way that the COVID-19 pandemic has. Now, more than ever, GA Telesis knows it must shift focus on partnering with its airline, OEM, and MRO partners. As we start to see small shoots of recovery, there is no doubt that all airlines’ financial impact will be deep and long. Unfortunately, this… Read more
I took my first trip to Washington State in the Pacific Northwest in 2017 to visit Seattle and can’t wait to go back. Here are five of my favorite places from this trip. Olympic National Park – Located on the Olympic Peninsula and comprises three distinct ecosystems (snow-capped mountains, Pacific coastline, and temperate forests), Olympic National Park is the perfect place for outdoor enthusiasts. At almost a million acres, this national park offers an endless… Read more
The brain is a sophisticated computer that can process and interpret multiple inputs of information at once. It is also where we store certain information that we retrieve from time to time, some good and some bad. This stored information creates a frame of reference for our actions. Therefore, we all may react differently under similar circumstances. A GA Telesis leader’s job is to figure out what information to use to trigger emotions that will… Read more
For ages, Istanbul has been considered the center of the world with its strategic location between East and West. Translated, Istanbul’s meaning, “to the city” in Greek, was a message before its time. Whether it’s the silk road of Old or New, the Biggest Airport in the world was designed, developed, and built to serve a purpose in the region to become the Global Aviation Transport Hub. The new airport covers 76 million square meters… Read more
A key aspect of selling USM (Used Serviceable Material) starts with the price point. Some would say that it’s everything, but those who look deeper know that it’s not. Because of the lack of perfect information, the simple task of determining a price based on supply and demand is never easy. That job just became infinitely more difficult with the COVID-19 downturn. An unimaginable number of aircraft are currently parked, creating myriad aircraft and engine… Read more
The COVID era is about six months old now, and we’ve seen different national and regional approaches to the global health crisis. Even those who initially thought we were dealing with just another flu, learned that COVID-19 will be far worse. The only certainty at this point is the uncertainty as to how and when this will end. One thing we do know is that in addition to the enormous human distress, COVID-19 will have… Read more
Hello GA Telesis friends and family! It’s Taylor and Tyla here with your much-needed dose of positivity. In this blog, we will be highlighting how we’ve been able to find silver linings throughout this pandemic. We also reached out to some colleagues to see how they’ve been managing. If you had told us we would be living a completely different lifestyle four months ago, we would’ve never believed you. Four months ago, we were up… Read more
To ensure our customers’ success, GA Telesis strives to offer the best value in engine and airframe component repair across our ecosystem. One of the strategies we use in the MRO Services division is the implementation of Lean practices. The American Society for Quality (ASQ) defines Lean as a set of management practices to improve efficiency and effectiveness by eliminating waste. The core principle of Lean is to reduce and eliminate non-value-added activities and waste.… Read more
After several years of substantial and often aggressive capital entering the aircraft finance and leasing market, many wonder what the aircraft finance market will look like in a post-Covid world? The bond market for new aircraft Asset-Backed Securitization (ABS) deals is closed for 2020, and many agree it will be closed for 2021. To gain some perspective for the size of the vacuum that will create: there have been over 40 commercial aircraft ABS transactions… Read more
