AJW Capital has entered into a purchase agreement for an Airbus A340-600 (MSN 779) aircraft, which will enter service with an undisclosed head of state, according to the company.
The aircraft is owned by SAAD Air, a Saudi Arabian private business group, according to Flightglobal's Ascend Online database.
SAAD Air was the launch customer for the VIP version of the A340-600. It took delivery of the aircraft from Airbus in December 2006.
AJW Capital is the "principal investing division" of UK-based AJ Walter Aviation.