AJW Capital acquires A340-500s for forward lease

Source: Flightglobal.com
This story is sourced from Flightglobal.com

AJ Walter Group (AJW) has purchased a pair of Airbus A340-500s from the manufacturer for forward lease, says the company.

The aviation services group completed the acquisition through AJW Capital Partners.

"This aircraft order is an important step to further develop the global presence and product portfolio of AJW Capital Partners", says Christopher Whiteside, President of AJW.

The Rolls-Royce Trent 500 engines powered aircraft are 2010-vintage and will be delivered at the end of next month, says AJW. Commercial service will begin with an existing AJW Group customer early 2013.