MAY 1ST, 2017

GA Telesis and Volvo Financial Services Enter into a Consignment Agreement for Airbus and Boeing Components

May 1, 2017 – FT. LAUDERDALE – GA Telesis, LLC (“GAT”) was awarded and has entered into an agreement with Volvo Aero Leasing, a Volvo Financial Services (VFS) company, for the consignment of Airbus and Boeing aircraft parts. The agreement covers an extensive list of new and serviceable aircraft components, immediately available for global distribution. GA Telesis has managed hundreds of asset consignments for airlines and financial institutions, returning over $500,000,000 in net proceeds to asset owners.
“We selected GA Telesis to consign and distribute our aircraft material because of their vast aftermarket experience and strong global presence,” said Chris Roback, VP Retail Operations for VFS USA, who services the Volvo Aero Leasing portfolio. “There are few companies in the world capable of their sales and warehousing reach along with the levels of customer service they provide,” he added.
“We are very pleased to be working with Volvo Aero Leasing while simultaneously supporting our global customers with aircraft component solutions,” said Jason Reed, President of GA Telesis’ Component Solutions Group. “We are leveraging years of consignment experience to complement and expand the range of new services we can offer to our current and future customers and partners.”