GA Telesis, TCC and ANATC form Gateway Engine Leasing JV

GA Telesis, with its shareholders Tokyo Century Corporation (TCC) and ANA Trading Corp, a subsidiary of All Nippon Airways Trading Company (ANATC), have formed Gateway Engine Leasing to capitalise on the rising demand from airlines worldwide for long-term jet engine leases. Initially headquartered out of Ft. Lauderdale, Florida, Gateway has plans to rapidly expand to Europe and Asia. Gateway will commence operations with an initial seed portfolio consisting of V2500, CFM56-5B, and CF6-80E engines already on lease. In October it was announced that Tokyo Century had substantially increased its shareholding in GA Telesis, and that ANATC had acquired a minority