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GA Telesis, LLC to acquire 23 Airbus A320ceo and A321ceo Aircraft from Spirit Airlines

PRIVATEOct 24, 2024

Acquiring Company

GA Telesis

Acquired Company

Spirit Aviation Holdings

Fort LauderdaleDania BeachAirlines and AviationTravelTourismAirlines and Aviation

Description

GA Telesis, LLC, a global leader in commercial aviation and aerospace solutions, has signed a definitive purchase agreement to acquire 23 used Airbus A320ceo and A321ceo aircraft from Spirit Airlines, Inc. This strategic acquisition significantly bolsters GA Telesis' fleet portfolio, enhancing its ability to meet increasing global demand for narrow-body aircraft.

Quick answer

GA Telesis is acquiring Spirit Aviation Holdings, announced October 25, 2024. GA Telesis is based in Fort Lauderdale, Florida, United States.

How much did GA Telesis pay for Spirit Aviation Holdings?
The deal value was not disclosed.
What does GA Telesis do?
Headquartered in Fort Lauderdale, Florida, GA Telesis LLC is one of the world’s largest commercial aerospace firms with over $1.0 billion in assets under management.
Where are GA Telesis and Spirit Aviation Holdings based?
GA Telesis is based in Fort Lauderdale, Florida, United States. Spirit Aviation Holdings is based in Dania Beach, Florida, United States.
Who are the decision-makers at GA Telesis?
Fundz holds 1 contact at GA Telesis. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Airlines and Aviation and Travel

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Company Information

Company

GA Telesis

Location

Fort Lauderdale, Florida, United States

About

Headquartered in Fort Lauderdale, Florida, GA Telesis LLC is one of the world’s largest commercial aerospace firms with over $1.0 billion in assets under management. GA Telesis operates sales, leasing, distribution, and maintenance facilities in the United States, Canada, United Kingdom, Finland and China. Over the past twenty years, GA Telesis has emerged as a global leader in the aerospace industry. GA Telesis is uniquely positioned to deliver complete global solutions to companies seeking to gain competitive advantages in the industry. Our company is comprised of multiple integrated business units designed to maximize the value of commercial aircraft and engines throughout their entire useful life cycle. Our sales, distribution and maintenance facilities are strategically positioned around the globe and our dedicated professional team extensive relationships and industry experience enables us to execute our strategies. With the support of our independent shareholders, Tokyo Century Corporation and ANA Trading Corporation, GA Telesis has the unique ability to acquire, invest, co-invest and maximize the value of aerospace related assets and companies.

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Frequently asked

Who acquired Spirit Aviation Holdings?

Spirit Aviation Holdings was acquired by GA Telesis, based in Fort Lauderdale. The deal was reported on October 24, 2024. Headquartered in Fort Lauderdale, Florida, GA Telesis LLC is one of the world’s largest commercial aerospace firms with over $1.0 billion in assets under management. GA Telesis is privately held and operates in Airlines and Aviation.

When did GA Telesis acquire Spirit Aviation Holdings?

GA Telesis's acquisition of Spirit Aviation Holdings was reported on October 24, 2024. GA Telesis, LLC, a global leader in commercial aviation and aerospace solutions, has signed a definitive purchase agreement to acquire 23 used Airbus A320ceo and A321ceo aircraft from Spirit Airlines, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Spirit Aviation Holdings do?

Spirit Airlines is committed to delivering the best value in the sky by offering an enhanced travel experience with flexible, affordable options. It is privately held, operating in Travel, and is based in Dania Beach.

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