The reporter learned from the Municipal Financial Leasing Association that ICBC Aviation Financial Leasing Co., Ltd., which is registered in the Tianjin Binhai New Area (TBNA for short), signed a framework cooperation agreement with GA Telesis during the Paris Air Show. The two sides further expanded cooperation in areas of old aircraft asset trading, engine leasing, spare parts sales and aircraft dismantling.
It is claimed that GA Telesis is the industry's leading aviation maintenance company, headquartered in Fort Lauderdale, Florida, with branches in the world, such as the United Kingdom, Canada, Finland, China and other countries, with assets under management of 1 billion US dollars. The main business scope includes spare parts support, MRO business, engine maintenance, investment and financing transactions, and warehouse leasing business. In recent years, ICBC Aviation has continuously innovated its business model, formed a partnership alliance with world-class aviation maintenance companies, integrated industry resources, and opened up the upstream and downstream of the industry chain to provide customized aviation finance and asset management solutions.