GA Telesis, LLC announces the formation of GA Telesis Rotorcraft (“GATR”) to provide lease and finance solutions in the helicopter sector. GATR closed its first helicopter transaction, a portfolio of Bell helicopters.
GAT completed the acquisition of seven Bell 206L4 helicopters, four of which are subject to multi-year leases. Regarding the other three helicopters, one is available for lease or sale. A second helicopter will be refurbished and made available for lease or sale later this year. The final helicopter will be parted out and sold as used serviceable material. Eric Dollman, Vice President, will be leading the helicopter strategy for GATR.
“We are very excited to launch GATR to add helicopter capabilities to the GA Telesis Ecosystem,” commented Marc Cho, President of GA Telesis’ Leasing, Investment, Financing & Trading (LIFT) Group. “Rotorcraft are a natural extension of the comprehensive suite of products and services that GAT offers for commercial aircraft and engines,” he added.