AJW Aviation signs new 5 year power-by-the-hour contract with SmartLynx

AJW Aviation has signed a five year contract with SmartLynx, the Latvian based wet-lease and charter specialist. This new power by-the-hour agreement sees the relationship between AJW and SmartLynx extending to 2019, following on from a five year PBH agreement signed in 2009. The European airline provides full charter operation for its home markets of Latvia and Estonia and also wet leases its fleet of A320-200 Airbus aircraft. The existing fleet of nine aircraft, plus a planned expansion to eleven this summer, will be covered within this agreement. As part of this contract, AJW will base tailored spare parts inventories