AJW Capital Partners completes acquisition of 737-700NG

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By TESTCustomwebLP TESTCustomwebLP February 23, 2015 14:45

AJW Capital Partners completes acquisition of 737-700NG

AJW Capital Partners, part of the AJW Group, has recently completed the purchase of a 737-700NG (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 programmes worldwide, but also bolster the strategic inventory hubs that underpin the organisation’s award-winning component support programmes for airlines and operators of all sizes.

Ian Malin, Chief Executive Officer of AJW Capital Partners, said: “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. 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.

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By TESTCustomwebLP TESTCustomwebLP February 23, 2015 14:45