London, 24th February 2016: AJW Aviation has signed a new power-by-the-hour contract with Air New Zealand to manage component support for its B767 fleet of five aircraft. Air New Zealand’s own Boeing inventory will be held on site in Auckland to a defined list and the balance of spare parts will be held on consignment in Singapore.
AJW has developed a range of innovative sunset solutions that build upon current market trends and utilise the Company’s Singapore facility. Boris Wolstenholme, CEO – AJW Aviation, says working together with Air New Zealand is consistent with AJW's business vision to develop mutually beneficial partnerships that transform operational efficiency for airlines of all sizes. "Air New Zealand has a strong relationship with AJW. We already provide PBH services for its A320 fleet and it leases components from us. In turn Air New Zealand Engineering and Maintenance carries out maintenance on these components and supports the AJW Technique repair and overhaul service in Montreal. Together we have created a real hub for component support and maintenance in the Asia Pacific region as is evidenced by our recent collaborative service for Tigerair Australia’s A320 fleet.”
Air New Zealand Chief Operations Officer Bruce Parton says “The expansion of the partnership is aimed at delivering further efficiencies. We need to operate our airline at optimum efficiency and profitability, whilst delivering a high quality customer experience. We continue to explore areas of mutual potential following the long-term power-by-the-hour A320 agreement signed in 2013.”
“Air New Zealand already benefits from AJW’s significant global market presence and this is one of the main attractions for the airline” says Boris Wolstenholme. “We have invested in the systems and processes that enable us to professionally service our customer base of more than 1,000 airlines with over 1,300 aircraft under contract. We have the resources and the experienced people located worldwide in over 40 countries, and a highly skilled workforce at AJW Technique, our repair facility in Montreal. This is the latest in a wave of additional MRO agreements designed to complement the operational efficiency of the airline and we are pleased to add the B767 inventory.”
This new strategic supplier relationship with Air New Zealand further underlines the benefits of component support, PBH, pooling and leasing and repair options available from AJW. Already highly regarded for its award-winning 24/7/365 AOG and critical component services, AJW is the partner of choice for fully integrated support solutions that transform aviation efficiency for airlines and operators of all sizes.