ALL NIPPON AIRWAYS TRADING CO., LTD.
ALL NIPPON AIRWAYS TRADING CO., LTD.

Establishment of an Aircraft Engine Leasing Joint Venture

2018/12/18

information

Aviation Business

All Nippon Airways Trading Co., Ltd. (ANA Trading) is pleased to announce it has entered into a definitive agreement to establish a new aircraft engine leasing joint venture with GA Telesis, LLC (GAT), a global leader in providing integrated solutions to the aviation and aerospace industries, and Tokyo Century Corporation (TC) , based on an in-principle agreement announced in our information “Acquisition of an Interest in GA Telesis” dated October 1, 2018.

 

■Overview of new engine leasing joint venture

(1) Company Name                                 Gateway Engine Leasing, LLC

(2) Head Office                                       1850 NW 49th Street, Fort Lauderdale, Florida 33309 USA

(3) Date of Contract                                December 14, 2018 (US Time)

(4) Business                                           Aircraft engine leasing

(5) Date of Start Operation                      January, 2019 (Planned)

(6) Percentage of  Shareholders               GAT:40%   ANA Trading:40%    TC:20%