GA Telesis

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

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

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

GA Telesis Provides over $32,000 in Charitable Gifts to Kids in Distress and His House Children’s Home and the Noely V. Tovar Charitable Trust.

GA Telesis Provides over $32,000 in Charitable Gifts to Kids in Distress and His House Children’s Home and the Noely V. Tovar Charitable Trust.

Ft. Lauderdale, FL – GA Telesis, LLC announced that in a concerted effort with its partners, vendors, customers, employees and families, it has raised over $22,000 for the His House Children’s Home (Miami) and Kids In Distress (Ft. Lauderdale). GA Telesis has also raised an additional $10,000 for the Noely V. Tovar Charitable Education Trust. “Supporting those less fortunate in our local community is more than corporate responsibility, it is a pillar in our foundation,”… Read more

GA Telesis Announces Significant Capital Raise

GA Telesis Announces Significant Capital Raise

Ft. Lauderdale, FL – GA Telesis, LLC (“GAT”), today announced that Global Principal Finance Company, LLC (GPFC), a wholly owned subsidiary of Merrill Lynch & Co., Inc., has taken a minority stake in GAT for an undisclosed sum. The investment is part of a larger capital raise of GAT which includes new debt facilities to support its continued growth in aircraft and jet engine ownership and leasing, parts re-distribution and other strategic initiatives. The existing… Read more