GA Telesis | A/c purchase | 11-16 | 2xA320 | Transaction | Airfinance Journal

GA Telesis | A/c purchase | 11-16 | 2xA320

GA Telesis has bought two Airbus A320s for part out from Sunrise Asset Management, a subsidiary of Allegiant Travel Company.

The company will harvest components from the aircraft to boost its inventory of parts derived from late-model in-production aircraft.

Both aircraft were manufactured in 1996. They were leased from GECAS to China Eastern until 1999, at which point both were bought by Sunrise Asset Management and operated by Allegiant Air.


Deal Categories

Regions:
North America
United States

Structure

Product category:
Other
Product type:
Aircraft purchase
Structure
Aircraft Purchase
Use of proceeds
Aircraft Purchase

Deal Categories

Regions:
North America
United States
Tagged as:
Secured
G8