GA Telesis

GA Telesis, LLC Closes New $100 Million Credit Facility

GA TELESIS CLOSES NEW $100 MILLION CREDIT FACILITY Fort Lauderdale, FL – GA Telesis, LLC, today announced that it has closed on a new syndicated $100 million credit facility. Led by PNC Bank, N.A., the facility has a three-year term and has participation from a total of six global and regional banks. It provides the company with additional financial resources at cost-efficient and flexible terms to support the company’s growth. Abdol Moabery, President and CEO… Read more

GA Telesis in Advanced Discussions with Finnair

GA Telesis in Advanced Discussions with Finnair about Transformational Transaction to Purchase CF6-80C2, CFM56-5B/C and PW2000 Engine Overhaul Services Business in Helsinki GA Telesis LLC announced that it is in advanced talks about the potential purchase of part of the business of Finnair Engine Services (“FES”) focused on engine overhauls for third-party customers. The FES unit is capable of repairing and overhauling General Electric CF6-80C2, CFM International CFM56-5B and -5C, and Pratt & Whitney PW2000… Read more

Air China Ltd. and GA Telesis LLC Agree to Create Landmark Joint Venture

Air China Ltd. and GA Telesis LLC Agree to Create Landmark Joint Venture Targeted at Bringing Innovation to Asian Used Aircraft, Spare Parts, and Asset Management Market Beijing, China and Fort Lauderdale, Florida, USA – Air China and GA Telesis have agreed to establish an Asia-based integrated spare parts supplier in China. After almost a year of planning, the companies have respective top management approvals to move forward with the formation of GA Telesis China… Read more

GA Telesis Component Repair Group Southeast Receives Gold Boeing Performance Excellence Award

Miami, FL – GA Telesis Component Repair Group Southeast, LLC (“GAT CRGSE”) today announced that it has received a 2010 Boeing Performance Excellence Award (BPEA). The Boeing Company issues the award annually to recognize suppliers who have achieved superior performance. GAT CRGSE maintained a Gold composite performance rating for each month of the 12-month performance period, from Oct. 1, 2009, to Sept. 30, 2010. This year, Boeing recognized 558 suppliers who achieved either a Gold… Read more

GA Telesis Appoints Alvin Khoo as Senior Vice President & Chief Investment Officer

Ft. Lauderdale, FL – GA Telesis has announced the appointment of Alvin Khoo as Sr. Vice President and Chief Investment Officer. Reporting to the CEO, Alvin will oversee financial planning and analysis for all global operations as well as corporate development, mergers and acquisitions, acquisition integration, managing and developing additional banking, and capital markets relationships and other strategic projects. His appointment is effective as of February. “Alvin brings an incredible breadth of corporate development, banking,… Read more

GA Telesis Announces the Acquisition of New Corporate Headquarters and State-of-the-Art Distribution Center

Ft. Lauderdale, FL GA Telesis announced that it has concluded the acquisition of its new corporate headquarters and state-of-the-art distribution center. The new facility is located on 10 acres in central Ft. Lauderdale, Florida, USA. The building has 170,000 feet of useable space and is comprised of approximately 50,000 feet (4,600M) of office space and 120,000 feet (11,200M) of a fully climate-controlled distribution center. This addition brings the company’s global real estate footprint to approximately… Read more

GA Telesis Appoints Randall Green as Senior Vice President & General Counsel

Ft. Lauderdale, FL – GA Telesis has appointed Randall Green as Senior Vice President and General Counsel. Randall will be responsible for all legal aspects of all global operations and divisions of GA Telesis. “Randall brings an incredible breadth of knowledge and experience to GA Telesis,” stated Abdol Moabery, President & CEO of GA Telesis. “With over three decades of experience in law and finance, including 23 years of dedicated aviation experience including legal, contracts,… Read more

GA Telesis Named by Inc. Magazine as One of the Fastest-Growing Companies in America for the Second Year in a Row

Ft. Lauderdale, FL – GA Telesis announced that it has been named by Inc. Magazine as one of the fastest-growing private companies in America and the 66th fastest-growing company in the State of Florida. The Inc. Magazine annual recognition honors the significant accomplishments of the nation’s top entrepreneurial companies. From the millions of companies in the United States, Inc. Magazine annually selects the top-growth companies nationally and by state. “It is a distinct honor to… Read more

GA Telesis’ Moabery Selected as Finalist in Ernst & Young 2009 Entrepreneur of the Year® Award – Florida Region

Ft. Lauderdale, FL – GA Telesis announced that its founder and current Chief Executive Officer & President, Abdol Moabery, has been named a finalist in the 2009 Ernst & Young Entrepreneur Of The Year Award in the Florida region. Florida Finalists were named from a pool of approximately 100 nominees from companies based in Florida. The Ernst & Young Entrepreneur Of The Year Award program recognizes entrepreneurs who demonstrate extraordinary success in the areas of… Read more

GA Telesis Closes $270 Million Warehouse Facility

Ft. Lauderdale, FL – GA Telesis, LLC (“GAT”), today announced the closing of a $270 million warehouse credit facility (“the Facility”) arranged and underwritten by Merrill Lynch Credit Products, LLC; HSH Nordbank, acting through its New York office; and DVB Bank AG. The facility will be used to expand GA Telesis’ existing commercial jet engine and aircraft leasing business and is in addition to the ABL facility the company obtained with Wachovia Bank N.A. in… Read more

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