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GA Telesis Closes New $225 Million Syndicated ABL Credit Facility with Oversubscription and Tighter Pricing

GA Telesis Closes New $225 Million Syndicated ABL Credit Facility with Oversubscription and Tighter Pricing

June 19, 2017 – Ft. Lauderdale, Florida – Leading Aviation Company GA Telesis, LLC (or the “Company” announced the closing of a new five year, $225 million ABL credit facility led by HSBC Securities USA and Fifth Third Bank as Joint Lead Arrangers. The company originally sought a new $200 million facility. Due to overwhelming interest from existing and new banks, however, the company upsized the facility with better terms than its previous credit facility. The facility comprises… Read more

GA Innovation China Performs First Aircraft Disassembly in Beijing, China

GA Innovation China Performs First Aircraft Disassembly in Beijing, China

July 24, 2013 – Beijing, China – GA Innovation China (“GAIC”), the newly formed joint venture between GA Telesis, LLC and Air China Ltd celebrated together with Beijing Capital International Airport Co., Ltd (“BCIA”) and Aircraft Maintenance and Engineering Corporation (“AMECO”) the start of their first commercial aircraft teardown project involving a Boeing 747-400 aircraft acquired from Air China. All three parties held a ceremony alongside the 747 aircraft in AMECO’s main hangar to kick… Read more