GA Telesis Signs Definitive Purchase Agreement to Acquire 23 Airbus A320ceo and A321ceo Aircraft from Spirit Airlines

FORT LAUDERDALE, Fla.,Oct. 25, 2024/PRNewswire/ --GA Telesis, LLC ("GA Telesis"), a global leader in commercial aviation and aerospace solutions, today announced it has signed a definitive purchase agreement and secured the necessary corporate approvals to acquire 23 used Airbus A320ceo and A321ceo aircraft from Spirit Airlines, Inc. The aircraft, powered by V2527-A5 and V2533-A5 Select-Onejet engines, were manufactured between 2014 and 2019, marking the company's largest-ever acquisition of non-leased aircraft of similar vintages.

GA Telesis’ Flight Solutions Group Continues USM Market Growth Following a PW4168 Engine Disassembly

This strategic acquisition significantly bolstersGA Telesis'fleet portfolio, enhancing its ability to meet increasing global demand for narrow-body aircraft. The company will market these aircraft to its extensive global customer base for continued commercial airline operations.

"We are thrilled to announce this significant acquisition, which adds a large number of highly sought-after Airbus A320ceo and A321ceo aircraft to our portfolio,"saidMarc Cho, President ofGA Telesis LIFT Group."The A320ceo family of aircraft is renowned for its efficiency, performance, and reliability, making it an attractive option for airlines across the world. We are confident these aircraft will provide significant value to our customers as they continue their operations."

Recently, the company announced the acquisition of several on-lease aircraft fromAvolon and in addition to the Spirit transaction has over 20 aircraft in its acquisition pipeline to close over the next few months. 

About GA Telesis 

GA Telesis, a global leader in aerospace solutions, is renowned for its unmatched excellence in aftermarket services and lifecycle management. TheGA Telesis Ecosystemis a vast global network spanning 54 locations in 30 countries on six continents. The company's integrated solutions includeparts and distribution services, logistics solutions, inventory management, leasing and financing,engine overhaul, andMRO services.

GA Telesis is committed tosustainability throughinnovative sustainability initiatives and advanced technologies, includingdigital transformation, and using advanced materials. The company's aerospace systems and connected aircraft technologies drive efficiency and performance, while itsMRO network and24/7 AOG support provide unparalleled reliability.

For further information, please contactRylan FranceatRfrance@gatelesis.com

SOURCE GA Telesis, LLC