Vedder Price is pleased to announce it represented GA Telesis, the pioneering leader in integrated aviation services and a global leader in aerospace solutions, in a significant purchase agreement transaction.

With this purchase agreement, GA Telesis has secured the necessary approvals to acquire 23 used Airbus A320ceo and A321ceo aircraft from Spirit Airlines, Inc. The aircraft, powered by V2527-A5 and V2533-A5 Select-One™ jet engines, were manufactured between 2014 and 2019, marking GA Telesis’ largest-ever acquisition of non-leased aircraft of similar vintages.

“This is a highly significant portfolio acquisition for GA Telesis, and we were happy to collaborate with them in closing this deal,” said Vedder Price Global Transportation Finance Shareholder Geoff Kass. “Looking ahead to their long-term future, we believe this strategic transaction puts them strongly positioned to meet their clients’ needs on a global scale.”

In addition to Kass, other members of the Vedder Price team included Shareholder Michael Edelman.