Tokyo Century Corp. and an ANA Holdings subsidiary plan to take a majority stake in GA Telesis, the aftermarket services and engine leasing company. The stakeholder change is prompted by Global Principal Finance Co., a wholly owned subsidiary of Bank of America and investor in GA Telesis since 2007, which wanted to “harvest their investment” in a healthy market, says Abdol Moabery, GA Telesis’ president and CEO. When Global Principal Finance decreased its share from 49% to ...

THIS CONTENT REQUIRES SUBSCRIPTION ACCESS

You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "Two Japanese Investors Take Stake In GA Telesis".

 

Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.

 

Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.

Already registered? here.