GA Telesis (GAT) has completed a purchase and leaseback transaction of three aircraft and two spare engines with Aircalin, the international flag carrier of New Caledonia.
GAT completed the acquisition of two Airbus A330-200, one A320-200 aircraft and two spare engines (one CF6-80E1 and one V2527) from Aircalin. Simultaneous with the purchase, the aircraft and engines were placed on operating leases with Aircalin.
This is the first lease transaction between GAT and Aircalin. A portion of the transaction was funded by GA Telesis Aviation Investments 2 (GAIN 2), an aviation investment vehicle managed by GA Telesis Capital Management, a wholly owned subsidiary of GA Telesis.
