Press Releases

LATAM Airlines Selects GA Telesis ACE-M (Aircraft Consumable Expendable Management) to manage its C & E Needs

Author: gatelesis

LATAM Airlines Selects GA Telesis ACE-M (Aircraft Consumable Expendable Management) to manage its C & E Needs

LATAM Airlines has selected GA Telesis’ ACE-M (Aircraft Consumable Expendable Management) program to manage its high volume C & E parts needs. The ACE-M program will oversee all included part numbers and supply the same to LATAM on a just-in-time basis at a fixed price for a contracted period of time.

GA Telesis has been providing solutions-based services to the airline industry for over a decade. The Company recently announced explosive growth and expansion plans in all areas of its businesses. In October 2012, GA Telesis announced the launch of its Beijing based joint-venture with Air China creating the largest integrated aircraft component solutions and disassembly company in Asia.

GA Telesis is one of the world’s largest providers of products, financial services, and supply-chain solutions to the aerospace industry. A global leader, GA Telesis provides structured financial services to the global aviation investment community and airlines while it also has extensive aerospace replacement component sales, distribution, and maintenance operations throughout the United States, Canada, the United Kingdom, and China. GA Telesis provides asset management services specializing in commercial aircraft and jet engine leasing and trading with over USD $1 billion in assets under management.

LATAM Airlines Group S.A. is the new name given to LATAM Airlines S.A. as a result of its association with TAM S.A. LATAM Airlines Group S.A. now includes LATAM Airlines and its affiliates in Peru, Argentina, Colombia and Ecuador, and LATAM Cargo and its affiliates, as well as TAM S.A. and its subsidiaries TAM Linhas Aereas S.A., including its business units TAM Transportes Aereos del Mercosur S.A., TAM Airlines (Paraguay) and Multiplus S.A. This association creates one of the largest airline groups in the world in terms of network connections, providing passenger transport services to about 150 destinations in 22 countries and cargo services to about 169 destinations in 27 countries, with a fleet of 311 aircraft. In total, LATAM Airlines Group S.A. has more than 52,000 employees and its shares are traded in Santiago, as well as on the New York Stock Exchange, in the form of ADRs, and Sao Paulo Stock Exchange, in the form of BDRs.

For additional info: please contact Rebecca C. Longo, Vice President of Aircraft Systems Group