Amsterdam, MRO Europe, 10th October 2012: A J Walter Aviation has signed new power-by-the-hour agreements with four key European customers - Air Moldova, Cosmo Airlines, BH Air and Aerosvit Airlines.
These contracts bring the combined fleet that AJW has under PBH or pooling contract to over 400 aircraft globally. AJW will support these customers from its network of strategic hubs across Europe and the rest of the world, which comprise service ready Boeing and Airbus component inventories valued at over US$450m.
The new PBH agreement with Air Moldova covers the entire Airbus A320 fleet of the national carrier. Declan Meagher, Director – Europe, explains "Our support hub in Prague will provide Air Moldova with enhanced flexibility and this was one of the main factors in its decision to select AJW as their new service provider."
Based in Madrid, Cosmo Airlines operates routes in Europe, with the main focus of charter operations. AJW will support its current fleet of two A320 aircraft, growing to four aircraft over the coming year.
BH Air, founded in 2001 in Bulgaria, increased its existing service contract with AJW in June to cover its full fleet of eight Airbus aircraft - benefiting significantly from AJW‘s comprehensive Airbus inventory.
Ukraine based airline Aerosvit, with its significant mixed fleet of 25 B737CL/NG aircraft, chose AJW in August to fulfill its extensive, fleet-wide servicing requirements. All four airlines will benefit from complete operational peace of mind with AJW’s competitive and all-inclusive servicing programme.
“AJW is delighted to have signed new PBH agreements with these key European airlines" comments Boris Wolstenholme, CEO of A J Walter Aviation. "Our commercial strategy has focused on Central and Eastern Europe for many years and our support hubs are strategically located to minimise AOG situations. Our continued success in these regions shows that the aviation community here in Europe understands and values this."
AJW support contracts offer wide-ranging and flexible component coverage; expert advice and recommendations on minimizing home base stock requirements, and; world class logistics, including AJW’s highly regarded 24/7 AOG service. Serving a global base of more than 800 airlines, AJW is the ideal partner for airlines and MRO organizations requiring fully integrated support solutions and seeking to achieve competitive advantage.
A J Walter Aviation is a world leading specialist in the supply, repair and lease of commercial aircraft spare parts, including services in aircraft engines, aircraft inventory management; power-by-the-hour and pooling support; consignment stock; global 24/7 AOG; component maintenance and overhaul; consumable supplies; logistics and freight management. AJW offices are based in Singapore, Dubai, London and Miami with further inventory hubs across Europe and North America. AJW is celebrating its 80th year of aviation support leadership in 2012. www.ajw-aviation.com
