GA Telesis Composite Repair Group Expands SNAP Agreement with Smartlynx Airlines

GA Telesis Composite Repair Group Expands SNAP Agreement with Smartlynx Airlines

Dallas, Texas – April 5, 2016 – GA Telesis Composite Repair Group, LLC (“CRG”) announced today that it has expanded its Strategic Nacelle Access Pool (SNAP) agreement with SmartLynx Airlines to include support for their V2500 powered A320 fleet. The SNAP agreement provides SmartLynx with access to a pool of V2500 thrust reversers, inlets, fan cowls and certain other flight control surfaces.

“Expanding our agreement with SmartLynx Airlines is a clear indication of the successful benefits airlines experience by utilizing SNAP to support their operations,” said David LeClair, Vice President of CRG.  “With one of the world’s most comprehensive inventories of nacelle systems, coupled with our expert repair and overhaul services, CRG is able to offer total coverage for any airline in need of nacelle system and composite flight control management.” he added.

“SmartLynx has enjoyed a successful support program with CRG’s SNAP for our CFM56 powered A320 fleet,” said Thorir Kristinsson, Management Board Member of SmartLynx Airlines. “The SNAP program has allowed us to maintain our highest level of operational efficiencies while also providing us with costsaving benefits as well,” he added.

About SNAP

Strategic Nacelle Access Program “SNAP” was launched by GA Telesis CRG in 2012 to support airlines worldwide with a solutions-based approach to manage airlines’ nacelle and flight control surface needs. The SNAP program provides immediate access to airlines operating all Airbus and Boeing (inclusive of Douglas) aircraft with access to GA Telesis’ existing inventory of nacelles and flight controls combined with its expert repair and overhaul business. GA Telesis currently maintains the world’s most comprehensive and independent ready-to-go inventory of nacelles and flight controls. The pool has multiple access points in North America, South America, Europe and China and has 24/7/365 dispatch capabilities. In addition to immediate nacelle access, airline customers are provided immediate cost savings through fixed-rate, menu-driven repair programs that are custom tailored to each airline’s specific maintenance program.

About SmartLynx

SmartLynx Airlines is a charter airline based in Riga, Latvia that was formed in 1992. SmartLynx specializes in wet lease services of its fleet of Airbus A320-200 and provides full charter operation for its home markets of Latvia and Estonia, predominantly in the leisure market.

About GA Telesis

GA Telesis Composite Repair Group, LLC, a division of GA Telesis, is a provider of comprehensive maintenance, repair, overhaul and logistics support services to the commercial and fixed wing aircraft markets. 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.