A J Walter Aviation signs power-by-the-hour and spares lease agreement with Avion Express

London, 12th June 2012:A J Walter Aviation has been chosen by Lithuanian airline, Avion Express, to provide full PBH support service to its current fleet of three A320 aircraft, growing to five aircraft later this year. The contract also includes a lease for the provision of a local main base kit and represents an important breakthrough for AJW in the Baltic States.

 

The airline, which operates mainly in Europe, was established in 2005 under the name Nordic Solutions Air Services, before later rebranding as Avion Express in 2008. The airline focuses on charter and cargo operations and is based in Vilnius, Lithuania. It has enjoyed considerable expansion and since 2010 it has also focused on becoming a wet lease specialist.

 

AJW has enjoyed a good deal of success across Europe in recent years with a support portfolio in excess of $75m annually. Declan Meagher, Director – Europe for AJW says “We are delighted to have been selected by Avion Express and we intend to deliver an excellent support service to assist their ambitious growth plans. AJW sees the Baltic States as an important part of the jigsaw in cementing its presence across Eastern Europe and the Russian Federation where it already enjoys significant business. Winning this contract once again underlines the outstanding value for money and service excellence that AJW is able to deliver through its PBH and service agreements.”

 

Serving a global customer base of more than 800 airlines with nearly 400 aircraft on PBH or pooling contractual cover, AJW is fast becoming the partner of choice for airline and MRO organisations seeking competitive advantage.

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