London, January 14th 2013: AJW Group is significantly increasing the size of its engine lease portfolio to service its fast growing presence in the engine lease market. A J Walter Leasing and A J Walter Aviation have recently added CF6-80C2 x 3, CFM56-3C1 x 5 and a PW4056-3 to the lease portfolio of PW2040 and CFM56 series engines.
Firmly committed to reducing its customers’ overall engine operating costs, AJW has been actively building its engine lease inventory to offer more high quality engines. AJW is able to offer practical lease and support solutions to ensure minimum disruption and downtime for aircraft operators. Engine lease packages include serviceable ready-to-fit spare engines with neutral QEC and a complete digital records pack for each engine. In addition, AJW can provide 24/7 service, support for shop visits including temporary replacement engines and guaranteed rates.
AJW is also becoming a key player in providing other engine management solutions and quality overhauled condition engine material to help operators minimise engine maintenance costs.
Steve Williams, Director of Aircraft Engine Services at A J Walter Aviation says: “Our dynamic commercial jet engine services business is on an upward trajectory, bolstered by our new acquisitions for lease and the parting out of complete aircraft. We plan to grow our lease pool to over sixty engines during 2013. This will increase our capabilities and further sustain the first class service we deliver.”
Southern Air Inc. Selects A J Walter Aviation to Provide Power-By-The-Hour Support to its Fleet of B747 and B777 Aircraft
This twelve-year agreement for 8 aircraft is AJW's first contract with Southern Air Inc. and will provide the operator with global support across its numerous locations worldwide.
New European customers - Air Moldova, Cosmo Airlines, BH Air and Aerosvit Airlines.
The parts recovered are being certified and fed into the AJW inventory reserves for sale, exchange or loan to the Company’s significant B737NG customer portfolio.