GA Telesis provides $100m asset financing for major European airline

GA Telesis announced the closing of a new asset financing for a major European airline. The ten-year $100m transaction marks the third asset based financing transaction the company has closed in the last twelve months. Asset financing becomes yet another service that GA Telesis can provide operators and other investors in aviation assets, along with its widely known expertise in leasing, trading, acquisition, asset management, parts, and MRO services. Over the next three years, GA Telesis has budgeted up to $1bn for asset financing in various structures to meet its customers’ needs for innovative financing solutions. The transaction was financed jointly with GA Telesis’ shareholder, Century Tokyo Leasing, under undisclosed terms.