8 May, 2018 – AJW Group has extended its power-by-the-hour (PBH) agreement with Incheon-headquartered cargo transport specialist, Air Incheon.
The contract has been extended for several years and covers Air Incheon’s fleet of Boeing 737 aircraft, as well as their newly acquired Boeing 767’s, which are expected to enter service later this year.
AJW will use its industry-leading expertise to manage the complete supply, repair and overhaul of Air Incheon’s rotable components, and support the cargo transport specialist with optimised inventory management utilising global stock locations.
Air Incheon, based at Incheon International Airport, operates five scheduled cargo routes throughout China, Japan, Russia, Mongolia and South Korea. With the introduction of B767 freighter aircraft, Air Incheon will launch a new route from Incheon to Hanoi six times per week. The cargo specialist prides itself on connecting under-served markets, utilizing the right aircraft types and has a long-term goal of becoming a leader in regional air cargo transport.
Christopher Whiteside, President and CEO of AJW Group, said: “We are delighted to have extended our PBH agreement with Air Incheon. It will see us take an even deeper role within the supply chain for their small but rapidly growing fleet, to drive efficiency and support the airline’s growth.”
Mr Y K Park, President and CEO of Air Incheon, said: “We are thrilled to have extended our contract with AJW. Their support is crucial to ensuring that Air Incheon cargo arrives on time, every time. Moving forward, and with two new aircraft joining our fleet, this PBH contract will offer us great flexibility and unrivalled support as we grow our business.”