January 2008 - GA Telesis Closes $270 Million Warehouse Facility

GA Telesis, LLC ("GAT"), today announced the closing of a $270
million warehouse credit facility ("the Facility") arranged and
underwritten by Merrill Lynch Credit Products, LLC; HSH Nordbank,
acting through its New York office; and DVB Bank AG.

The facility will be used to expand GA Telesis´ existing
commercial jet engine and aircraft leasing business and is in addition
to the ABL facility the company obtained with Wachovia Bank N.A. in
September of 2007.

"We are pleased to have such a top-tier group of lending partners
working with us," stated Abdol Moabery, President and CEO of GA
Telesis. "The Facility will allow us to significantly grow our engine
and aircraft leasing business which will benefit our over all growth
strategy," he added.

GA Telesis is a global leader in the commercial aerospace support
industry. With sales, distribution and MRO facilities throughout the
United States, Canada, Great Britain and Singapore, GA Telesis
specializes in commercial aircraft and jet engine leasing as well as
maintaining one of the world´s largest replacement aerospace component
inventory networks. GA Telesis serves the world´s largest airlines and
maintenance organizations support for Airbus, Boeing, Bombardier,
Douglas and Embraer aircraft and components as well as CFM
International, General Electric, Honeywell, International Aero Engine,
Pratt & Whitney and Rolls-Royce turbine jet engines and replacement
components.