Rossiya Airlines to lease two A319 aircraft

Rossiya Airlines, Russia’s third largest carrier, operates a fleet of 62 passenger aircraft, including 21 Airbus А319s (Rossiya Airlines)

GA Telesis (GAT), a USA aircraft sales, leasing, distribution, and maintenance company has completed the purchase of two A319 aircraft, subject to multi-year lease agreements with St Petersburg-based Aeroflot Group carrier Rossiya Airlines.

Marc Cho, president of GA Telesis’ (GAT) Leasing Investment Financing & Trading (LIFT) Group, reveals: “Rossiya and GA Telesis have enjoyed a relationship between three GA Telesis divisions and we are very pleased to expand our relationship by leasing two A319 aircraft to such a great operator.”

Rossiya Airlines, Russia’s third largest carrier in 2019, operates a fleet of 62 passenger aircraft, including 21 Airbus А319s, six Airbus А320s, 16 Boeing 737s, 10 Boeing 777s and nine Boeing 747s.

The latest transaction was executed by representatives of GA Telesis Aviation Investments 2 LLC (GAIN 2), an aviation investment vehicle that is managed by GA Telesis Capital Management, and is co-funded by GAT and Wafra Capital Partners.

LIFT is the group within the GAT Ecosystem responsible for leasing, investments, finance and trading through its business units ATG, LFG, and CMG. The Asset Transaction Group (ATG) engages in aircraft and engine leasing and trading. The Leveraged Financing Group (LFG) is a direct lending platform that provides senior debt, sub-debt, and uni-tranche financing solutions for lessors, investors and airlines. The Capital Management Group (CMG) oversees the management of third-party investor capital, including the GAIN 1 and 2 vehicle.