Press Releases

GA Telesis and Volvo Financial Services Enter into a Consignment Agreement for Airbus and Boeing Components

Author: gatelesis

May 1, 2017 – Ft. Lauderdale, Florida – GA Telesis, LLC (“GAT”) was awarded and has entered into an agreement with Volvo Aero Leasing, a Volvo Financial Services (VFS) company, for the consignment of Airbus and Boeing aircraft parts. The agreement covers an extensive list of new and serviceable aircraft components, immediately available for global distribution. GA Telesis has managed hundreds of asset consignments for airlines and financial institutions, returning over $500,000,000 in net proceeds to asset owners.

“We selected GA Telesis to consign and distribute our aircraft material because of their vast aftermarket experience and strong global presence,” said Chris Roback, VP Retail Operations for VFS USA, who services the Volvo Aero Leasing portfolio. “There are few companies in the world capable of their sales and warehousing reach along with the levels of customer service they provide,” he added.

“We are very pleased to be working with Volvo Aero Leasing while simultaneously supporting our global customers with aircraft component solutions,” said Jason Reed, President of GA Telesis’ Component Solutions Group. “We are leveraging years of consignment experience to complement and expand the range of new services we can offer to our current and future customers and partners.”

About GA Telesis

GA Telesis is the global provider of integrated aviation solutions serving the aviation and aerospace industries. The company helps its customers achieve higher levels of performance by creating custom-tailored, multi-faceted solutions integrating its financial asset structuring expertise with component supply chain solutions, jet engine, aircraft systems and aerostructures MRO services. Considered a pioneer in the sector, GA Telesis serves over 2,000 customers on six continents supporting all Airbus, Boeing, Bombardier and Embraer aircraft as well as CFM International, General Electric, International Aero Engines, Pratt & Whitney and Rolls-Royce jet engines.

About Volvo Finacial Services 

Volvo Financial Services is the global finance arm of the Volvo Group. The Volvo Group is one of the world’s leading manufacturers of trucks, buses, construction equipment, and drive systems for marine and industrial applications. The Volvo Group also provides complete solutions for financing and related services. Volvo Financial Services was formed in 2001 and is headquartered in Greensboro, North Carolina, USA. The company manages a gross credit portfolio of SEK 124 billion, employs nearly 1,400 people worldwide, and provides customer financing in 44 countries.