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GA Telesis, LLC ("GAT"), today announced that its affiliate,
Aldebaran Leasing Limited, a joint venture with EB-Erste Bank
Internationale Beteiligungen GmbH ("EBIB") has acquired two Airbus
A340-200 aircraft (serial numbers 014 and 022). The aircraft will
remain on long-term lease to Royal Jordanian Airlines.
"This transaction represents several milestones for GA Telesis:
our largest individual asset transaction price per aircraft, our first
Airbus A340 acquisition and our first Middle Eastern aircraft lease
customer," said Abdol Moabery, President/CEO of GA Telesis. "We are
delighted with the outcome of our partnership with EBIB and our new
premier customer, Royal Jordanian Airlines," he added.
The acquisition from GIE Lizad was originated by GA Telesis and
financed by Erste Bank (London).
Notes to Editors
About GAT
GA Telesis has fast become a global leader in the commercial
aviation industry. Specializing in commercial aircraft and jet engine
finance and leasing as well as maintaining one of the world's largest
replacement component distribution inventory networks, GA Telesis
serves hundreds of airlines and aviation maintenance organizations
worldwide with support for Airbus, Boeing, Bombardier, Douglas and
Embraer aircraft and components as well as CFM International, General
Electric, Honeywell, International Aero Engine, Pratt & Whitney and
Rolls-Royce turbine jet engines and components.
About EBIB
Erste Bank, headquartered in Vienna, is the leading bank in
Central and Eastern Europe. Its aerospace activities are concentrated
on providing asset-based financing solutions for investors in the
commercial airliner operating lease market and finance leases in the
corporate jet market within its core-banking region.
About Royal Jordanian
Royal Jordanian was created in 1963 by a Royal Decree issued by
His Majesty the late King Hussein, himself an excellent pilot. In
2006, Royal Jordanian received Air Transport World's Phoenix award in
recognition of the airline having gone through a major transformation
of its strategy and operations, resulting in consecutive years of
profitable growth. Royal Jordanian also received a merit award from
The Centre for Asia Pacific Aviation (CAPA) for 2006 Airline
Turnaround of the Year.
Beginning April 1, Royal Jordanian became a member of the
oneworld(TM) airline alliance, offering even more extensive
connectivity and flight options for its passengers. Royal Jordanian
continues to experience successive annual growth, with passenger loads
showing a 20% increase from 2006.
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