GA Telesis Purchases Finnair's Engine Shop

By Lee Ann Tegtmeier leeann.tegtmeier@aviationweek.com
Source: AWIN First
May 07, 2013
Credit: CFM

GA Telesis acquired Finnair’s engine services business at Helsinki Vantaa Airport on May 7 for an undisclosed sum, nearly a year after the carrier decided to sell it. The deal covers engine tooling, a long-term lease of the airline’s engine services facilities and transfer of 80 engine shop personnel to GA Telesis.

In July 2012, GA Telesis and Finnair were in advanced discussions about the sale, but GA Telesis President and CEO Abdol Moabery said at the time, “there are a lot of moving pieces that need to come together to make this deal happen.” One week earlier he had said that Finnair had signed a 10-year CFM56 engine services and component agreement with SR Technics. GA Telesis Engine Services (Gates) initially will focus on repairing and overhauling General Electric CF6-80C2 and CFM56-5B/C engines, as well as Pratt & Whitney PW2000s.

“We hope to get to the 200-engine-per-year capacity as quickly as possible,” says Moabery. The company did not disclose the current throughput.

While he would not provide specific details about growth plans, Moabery tells Aviation Week that “we do have major expansion plans, but we cannot share them yet, as we are still negotiating with OEMs. Our intention is to build engines not using [parts manufacturer approval] parts. We are big believers in the value of OEM technology and pedigree.”

Basil Papayoti just joined GA Telesis as president of GATES. He previously was the general manager of Delta TechOps’ engine shop before becoming vice president and chief operating officer of Air Canada Technical Services. He left the Canadian MRO in 2007 to launch SkyView Consulting Partners.