A novel wireless power transfer approach for the rotary parts telemetry of a gas turbine engine is proposed. The advantages of a wireless power transfer (WPT) system in the power supply for the rotary parts telemetry of a gas turbine engine are introduced. By simplifying the circuit of the inductively-coupled WPT system and developing its equivalent circuit model, the mathematical expressions of transfer efficiency and transfer power of the system are derived. A mutual inductance model between receiving and transmitting coils of the WPT system is presented and studied. According to this model, the mutual inductance between the receiving and the transmitting coils can be calculated at different axial distances. Then, the transfer efficiency and transfer power can be calculated as well. Based on the test data, the relationship of the different distances between the two coils, the transfer efficiency, and transfer power is derived. The proper positions where the receiving and transmitting coils are installed in a gas turbine engine are determined under conditions of satisfying the transfer efficiency and transfer power that the telemetry system required.