GA Telesis launches APU leasing business:
11 April, 2019: GA Telesis has launched its APU leasing business with the first sale and leaseback (SLB) on four Auxiliary Power Units (APUs) with a major Eurasian Airline. One A330 and three Airbus A320 and APUs will be on a long-term operating lease with the carrier.
In the past, GA Telesis has transacted on hundreds of APUs. This was it's first-ever SLB and will be the commencement of building a large APU lease portfolio for its massive customer base.
GA Telesis has also speculated by investing tens of millions of dollars on new and overhauled APUs for current and new technology aircraft that it will stock and will be available to its global customers.
"GA Telesis was approached by a customer in our region to create a financial and operating solution around their APUs. With our vast financial and service offerings, we were well placed to support the operator's needs that addressed their unique requirements," said Managing Director of GA Telesis Istanbul, Mehmet Dogan.
"This is another example of our commitment to serving our customers' needs with solutions they have been asking for," said COO of GA Telesis Component Solutions Group, Alex Tuttle. "We intend to become the aviation industry's foremost lessor of APUs."
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