GA Telesis Announces Four Additional Firm Orders for 737-800 Freighter Conversions with Aeronautical Engineers, Inc.

Author: gatelesis

April 14, 2021 – Fort Lauderdale, Florida – GA Telesis, LLC (“GAT”) announces four additional firm orders for 737-800SF freighter conversions with Aeronautical Engineers, Inc. (“AEI”). The contract was executed by GAT’s LIFT (Leasing, Investments, Finance & Trading) Group. The first of the two originally contracted passenger-to-freighter (“P2F”) conversions were completed in March and delivered to Ethiopian Airlines.  The second freighter aircraft is expected to be completed in May 2021.

The additional order will be comprised of three conversion slots in the second half of 2021, with the remaining conversion slot reserved for early 2022. All work will be performed by authorized AEI Conversion Center, Commercial Jet, in Dothan, Alabama. LIFT will continue to evaluate additional 737SF slots and other freighter aircraft models to support the global air cargo industry’s expanding main deck freighter needs.

“We are very pleased with the response from the air cargo market since signing our initial commitment almost a year ago, and we will continue to invest in our conversion strategy to support cargo airlines worldwide,” commented Marc Cho, President of the LIFT Group.

“The Asset Transaction Group (ATG) continues to see multiple opportunities to grow our 737-800SF portfolio, and the GA Telesis Ecosystem™ continues to deliver value across the platform that differentiates us from other freight lessors,” said David Ellis, Sr. Vice President, ATG. “Our ability to provide spares support, engine, APU, leasing, and contributions from our various MROs add significant value to our customers, beyond what many of our competitors can offer,” added Ellis.

About GA Telesis 

GA Telesis, a global leader in aerospace solutions, is renowned for its unmatched excellence in aftermarket services and lifecycle management. The GA Telesis Ecosystem™ is a vast global network spanning 54 locations in 30 countries on six continents. The company’s integrated solutions include parts and distribution services, logistics solutions, inventory management, leasing and financing, engine overhaul, and MRO services.

GA Telesis is committed to sustainability through innovative sustainability initiatives and advanced technologies, including digital transformation, and using advanced materials. The company’s aerospace systems and connected aircraft technologies drive efficiency and performance, while its MRO network and 24/7 AOG support provide unparalleled reliability.

For further information, please contact Rylan France at rfrance@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, and asset management and remarketing.

About AEI

Aeronautical Engineers, Inc. (AEI) is a global leader in the aircraft passenger-to-freighter conversion business and is the oldest conversion company in existence today. Since the company’s founding in 1958, AEI has developed over 130 Supplemental Type Certificates (STCs) and has modified over 510 aircraft with the STCs. AEI helps its customers extend aircraft life and increase the overall value of aircraft assets by continuously focusing on dependable and flexible product offerings. AEI currently offers passenger-to-freighter conversions for the Boeing 737-800, 737-400, 737-300, MD-80 series, and CRJ200 aircraft. www.aeronautical-engineers.com.