GA Telesis delivered the first of two scheduled 737-800SF aircraft to Bluebird Nordic (BBN). The aircraft, owned by Tokyo Century, was delivered from Aeronautical Engineering’s authorized conversion center for commercial jets in Dothan, AL. GA Telesis managed the conversion and remarketing of the aircraft and will remain involved as lease manager.

GA Telesis’ leasing, investment, financing and trading group entered the air cargo sector in 2021 and has continued at pace with five aircraft converted and delivered since. Through its cooperation with GA Telesis, Tokoy Century has extended the economic life of one of its owned 737 aircraft, which begins a second life as a freighter aircraft with a European cargo operator.

“GA Telesis is delighted to have managed this transaction on behalf of our shareholder successfully,” David Ellis, senior vice president of the asset transaction group at GA Telesis, said. “This deal reiterates the GA Telesis value-add proposition with respect to managed aircraft, and we are very grateful for the cooperation of both Tokyo Century and BBN.”

“We are grateful to Tokyo Century and GA Telesis for a very professional execution of the transaction as Bluebird Nordic continues to grow its Boeing 737-800 freighters fleet,” Audrone Keinyte, CEO of Bluebird Nordic, said. “I am sure our partnership with Tokyo Century and GA Telesis will continue to strengthen over upcoming years as Bluebird Nordic continues to expand.”