GA Telesis Announces Acquisition of Two (2) Airbus A340-200

Author: gatelesis

Ft. Lauderdale, FL- July 6, 2007 – GA Telesis, LLC (“GAT”), today announced that its affiliate, Aldebaran Leasing Limited, a joint venture with EB-Erste Bank Internationale Beteiligungen GmbH (“EBIB”) has acquired two Airbus A340-200 aircraft (serial numbers 014 and 022). The aircraft will remain on long-term lease to Royal Jordanian Airlines.

“This transaction represents several milestones for GA Telesis: our largest individual asset transaction price per aircraft, our first Airbus A340 acquisition and our first Middle Eastern aircraft lease customer,” said Abdol Moabery, President/CEO of GA Telesis. “We are delighted with the outcome of our partnership with EBIB and our new premier customer, Royal Jordanian Airlines,” he added.

The acquisition from GIE Lizad was originated by GA Telesis and financed by Erste Bank (London).
GA Telesis has fast become a global leader in the commercial aviation industry. Specializing in commercial aircraft and jet engine finance and leasing as well as maintaining one of the world’s largest replacement component distribution inventory networks, GA Telesis serves hundreds of airlines and aviation maintenance organizations worldwide with support for Airbus, Boeing, Bombardier, Douglas and Embraer aircraft and components as well as CFM International, General Electric, Honeywell, International Aero Engine, Pratt & Whitney and Rolls-Royce turbine jet engines and components.

For further Information please contact Nicole VandenHeuvel at +1-954-676-3111 or nvandenheuvel@gatelesis.com