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GA Telesis Announces the Delivery of Three A320 To Latvia-based SmartLynx Airlines

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--GA Telesis, LLC (“GAT”) announces the delivery of three A320 aircraft on long-term lease to SmartLynx Airlines. The aircraft are part of the GA Telesis-owned fleet and were delivered to SmartLynx throughout 2022.

GA Telesis’ Leasing, Investment, Financing & Trading (“LIFT”) Group has continued on a steep growth trajectory by purchasing quality assets, investing in maintenance, and placing on a long-term lease. These aircraft were purchased over the last 18 months and will assist SmartLynx in continuing to provide top-tier ACMI and charter services for their established customer base.

“SmartLynx has established itself as a global leader in the ACMI market over the last number of years. Their growing fleet of passenger and freighter aircraft will ensure they are well positioned to continue to serve their customers’ needs with high-quality operating assets,” commented Marc Cho, Chief Investment Officer and President of LIFT. Cho further remarked, “GA Telesis is pleased to be part of the SmartLynx success story.”

“We are very pleased to continue to execute on our growth plans with the addition of these three A320s,” commented Zygimantas Surintas, CEO, SmartLynx

About GA Telesis

GA Telesis is the leading provider of integrated services in the commercial aviation industry. Through the GA Telesis Ecosystem™, the Company is distinctly positioned, across six continents, to leverage its resources to create innovative solutions for its customers. Consisting of global operations encompassing Component Solutions, Leasing/Financing, Logistics Solutions, and MRO Services business units for landing gear, component/composite, and turbine engine repair, as well as digital solutions, the GA Telesis Ecosystem™ provides an unparalleled resource to airlines. The Company’s core business is its mission to ensure “Customer Success,” built from a reputation for unsurpassed excellence and integrity.

For further information, please contact Cathy Moabery at marketing@gatelesis.com.

About Leasing, Investments, Finance & Trading (LIFT)

LIFT is GA Telesis’ multi-strategy aviation platform comprised of three operating groups: Asset Transactions (ATG), Capital Management (CMG), and Leveraged Finance (LFG). LIFT specializes in aircraft and engine leasing and trading, asset-based finance, structured credit, investment management, asset management, and remarketing.

Interested parties in available aircraft may contact David Ellis at dellis@gatelesis.com or aircraft@gatelesis.com.

Contacts

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