Sun, Feb 22, 2015
Airplane Will Support Expanding Power-By-The-Hour Programs
AJW Capital Partners Limited, part of the AJW Group of Companies, has recently completed the purchase of a Boeing B737-700NG (MSN 29094). This was the second of two recent deals and covers the airframe only. Teardown will shortly commence and the components will not only support AJW’s power-by-the-hour programs worldwide, but also bolster the strategic inventory hubs that underpin the organisation’s award-winning component support programs for airlines and operators of all sizes.
“This was our first purchase of a Boeing NG aircraft since 2012 and an important one for the Group as we expand our power-by-the-hour customer base," said Ian Malin, Chief Executive Officer of AJW Capital Partners Limited. "AJW Capital managed this highly competitive transaction on behalf of our private investors who, alongside AJW Aviation, seek to realise revenue from the conversion of airframes into component assets.”
AJW Capital is the AJW Group’s principal investing division and is responsible for the purchase, sale and lease of large aviation-related capital assets, including whole aircraft and engines. AJW Capital also creates and manages joint venture vehicles to acquire packages of aircraft and engine spare parts that are utilised by AJW Aviation, the world’s largest privately held specialist in the supply, exchange, repair and lease of commercial aircraft spare parts.
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