GA Telesis Announces an Agreement for the Acquisition of a Fleet of 777-300ER Aircraft

Author: gatelesis

March 2, 2021 – Fort Lauderdale, Florida – GA Telesis has signed an agreement to acquire a fleet of 777-300ER aircraft powered by GE90-115B engines with an undisclosed seller. With the world’s leading aviation ecosystem and given the relative size of the acquisition, GA Telesis’ plan for this fleet will encompass a broad strategy of aircraft leasing, engine leasing, as well as airframe and engine part-out.

According to Marc Cho, President of the LIFT (Leasing, Investments, Finance & Trading) Group, “We were the first to manage 777 fleet disposition strategies during the financial crisis, and we have built an extensive customer network for the product line.  With approximately 1,000 aircraft in service, GA Telesis is proud to support a wide variety of customers throughout the GA Telesis Ecosystem™, as the long-haul market prepares for passenger traffic recovery.”

GA Telesis has achieved great success with the 777 platform, from the world’s first-ever 777  part-out to the multitude of aircraft it has acquired and managed over the past decade.  Most recently, GA Telesis acquired three aircraft from All Nippon Airways for part-out, which followed an award for the Cathy Pacific 777 fleet disposition contract over seven years.

About GA Telesis 

GA Telesis, a global leader in aerospace solutions, is renowned for its unmatched excellence in aftermarket services and lifecycle management. The GA Telesis Ecosystem™ is a vast global network spanning 54 locations in 30 countries on six continents. The company’s integrated solutions include parts and distribution services, logistics solutions, inventory management, leasing and financing, engine overhaul, and MRO services.

GA Telesis is committed to sustainability through innovative sustainability initiatives and advanced technologies, including digital transformation, and using advanced materials. The company’s aerospace systems and connected aircraft technologies drive efficiency and performance, while its MRO network and 24/7 AOG support provide unparalleled reliability.

For further information, please contact Rylan France at rfrance@gatelesis.com