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GA Telesis, Tokyo Century Corporation and All Nippon Airways Trading Company form Gateway Engine Leasing JV to Focus on Global Long-Term Jet Engine Leasing Demand

December 18, 2018

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Dec 17, 2018--GA Telesis, LLC (“GA Telesis” or “the Company”) announced that together with its shareholders Tokyo Century Corporation (“Tokyo Century”) and ANA Trading Corp., U.S.A., a subsidiary of All Nippon Airways Trading Company (“ANATC”), have formed Gateway Engine Leasing, LLC (“Gateway”) to capitalize on the rising demand from airlines worldwide for long-term jet engine leases.

Initially headquartered out of Ft. Lauderdale, Florida, Gateway has plans to rapidly expand to Europe and Asia. Gateway will commence operations with an initial seed portfolio consisting of V2500, CFM56-5B, and CF6-80E engines already on lease.

In October it was announced that Tokyo Century had substantially increased its shareholding in GA Telesis, and that ANATC had acquired a minority stake, by together acquiring the position previously held by shareholder Global Principal Finance Company.

About GA Telesis

GA Telesis is a global leader providing integrated solutions to the aviation and aerospace industries. Built on the premise of “Customer Success” being the goal, GA Telesis serves over 3,000 customers including airlines, OEMs, MROs and suppliers worldwide with 31 leasing, sales, distribution and MRO operations in 19 countries. At GA Telesis the company’s core business is integrated aviation solutions and their mission is customer success.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181217005823/en/

CONTACT: GA Telesis, LLC

Cathy Moabery, 954-676-3111

cmoabery@gatelesis.com

or

marketing@gatelesis.com

KEYWORD: UNITED STATES NORTH AMERICA FLORIDA

INDUSTRY KEYWORD: TRANSPORT AIR TRAVEL DESTINATIONS TRANSPORTATION MANUFACTURING LOGISTICS/SUPPLY CHAIN MANAGEMENT AEROSPACE PROFESSIONAL SERVICES ACCOUNTING BANKING CONSULTING FINANCE

SOURCE: GA Telesis, LLC

Copyright Business Wire 2018.

PUB: 12/17/2018 09:00 PM/DISC: 12/17/2018 09:01 PM

http://www.businesswire.com/news/home/20181217005823/en