London, May 28th 2014: AJW Aviation, the independent complete aircraft spares support specialist with extensive start-up airline experience, has signed a two year contract with Nigerian airline Air Peace to provide power-by-the-hour support for its four B737-500 aircraft.
Although this is AJW’s first contract with the airline, their Boeing fleet joins over 500 aircraft which AJW currently has under PBH or pooling globally. AJW will support Air Peace from its significant inventory network of around 450,000 service ready Boeing and Airbus components valued at over US$450m and located in strategic hubs worldwide.
Air Peace, founded in 2013, is a privately owned airline, created to serve the rapidly expanding domestic Nigerian market. Michael Duncan, Regional Director – Africa, AJW Aviation comments, “Our commercial strategy has included Africa for many years and we have specialist knowledge of the region. AJW’s team will utilise our comprehensive stock of Boeing spares, to ensure that we deliver our trademark power-by-the-hour support for Air Peace’s fleet. AJW’s flexibility and regional expertise means that we are well placed to help them improve efficiency and profitability.”