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   FORT LAUDERDALE, Fla.--(Business Wire)--GA Telesis LLC announced that it is in advanced talks about the potentialpurchase of part of the business of Finnair Engine Services ("FES") focused onengine overhauls for third-party customers. The FES unit is capable of repairingand overhauling General Electric CF6-80C2, CFM International CFM56-5B and -5C,and Pratt & Whitney PW2000 jet engines. In April of 2012, Finnair announced thedecision to outsource its own engine heavy maintenance. GA Telesis intends to grow the FES platform to include other GE and CFMI enginemodels and is considering other engine types as well. The potential sale of apart of Finnair`s engine operations will save a significant number of jobs, asGA Telesis would continue to run engine service operations at Helsinki Airport.The potential transaction is subject to the successful conclusion of ongoingnegotiations and regulatory and GA Telesis board approvals. Abdol Moabery, President and CEO of GA Telesis commented that "Our recentmeetings with labor groups were well received and we were quite pleased withtheir enthusiasm and shared vision of the new engine organization in Finland. Iam excited at the prospect of working with this dynamic group." He added that"While there are a lot of moving pieces that need to come together to make thisdeal happen, we remain committed to working with FES towards a successfulclosing of the transaction." GA Telesis, an affiliate of Bank of America Merrill Lynch, is a diversifiedglobal leader in the commercial aerospace services industry with financialservices, component sales and distribution, as well as component maintenancefacilities throughout the United States, Canada, United Kingdom, and China. GATelesis specializes in commercial aircraft and jet engine leasing, componentmaintenance as well as maintaining one of the world's most comprehensive andindependent replacement aerospace component inventory networks. GA Telesisserves the world`s largest airlines with financial services related to aircraftand jet engines as well as component and maintenance support for Airbus, Boeing,Bombardier, Douglas and Embraer aircraft and CFM International, GeneralElectric, Honeywell, International Aero Engine, Pratt & Whitney, and Rolls-Royceturbine jet engines. In addition, GA Telesis recently announced the formation ofGA Telesis China, a joint venture with Air China focused on the Asian usedaircraft, spare parts and asset management market.  GA Telesis LLCBeth Ginzberg, +1-954-676-3111bginzberg@gatelesis.comCopyright Business Wire 2012