AJW Group signs MAX Power by the Hour agreement with Arajet S.A.

WEST SUSSEX, UK, October, 25th, 2022, AJW Group, a world-leading independent aircraft component parts, repair, and supply chain solutions provider, is pleased to announce the signing of a new power-by-the-hour (PBH) component support agreement with Dominican Republic’s New Flagship Airline Arajet S.A.

The PBH support agreement will cover Arajet’s expanding fleet of Boeing 737 MAX aircraft with its world renown flight hour support programme, tailored to the operator’s needs, guaranteeing the supply, repair, and overhaul of rotable components, underpinned by AJW’s global inventory of Boeing 737 MAX spares and world-class Maintenance, Repair and Overhaul (MRO) services from the Group’s flagship maintenance facility, AJW Technique, in Montreal.

Caribbean’s first ultra-low-cost airline Arajet S.A., based in Santo Domingo, Dominican Republic, began operations in September 2022 with their fleet of LEAP powered B737 MAX aircraft and road mapped to increase to 26 aircraft following delivery of an order placed with Boeing earlier this year. The Arajet S.A. fleet is one of the world's most fuel efficient and environmentally friendly, achieving 14% reduction in fuel consumption and CO2 emissions, and is 40% quieter compared to prior generations of Boeing 737.

The signing of the contract reinforces AJW’s position as the market leader for end-to-end supply chain solutions, and the supplier of choice for airlines across the Caribbean. Earlier this year AJW Group was recognised as one of the top suppliers in Latin America during the ALTA CCMA & MRO Conference, a clear testament to its outstanding customer relationships, founded on dependable turnaround time, cost, and quality.

Earlier this month AJW announced its commitment to capability expansions in the Americas by joining the prestigious Latin American and Caribbean Air Transport Association (ALTA) as an affiliate member. The agreement means partnering and problem solving as a community with the ALTA member airlines and service providers in unison as well as bringing extensive technical expertise.

Garret Malone, Chief Operating Officer of Arajet S.A. comments:

“At Arajet we are committed to providing our customers with a safe, reliable, and efficient travel experience. Our partnership with AJW gives us assurance and cost alignment underpinning safety, flight efficiency and on-time-performance allowing us to focus on achieving our rapid growth plans safe in the knowledge that their experienced team will keep our fleet running effectively and efficiently.”

Christopher Whiteside, Chairman of AJW Group, comments:

“We are delighted to announce this power-by-the-hour contract with Arajet S.A. who place the utmost importance on regularity of services and on-time performance, values we share. This contract echoes the recent expansion of our services in Latin America and follows hotly on the heels of a 10-year PBH support contract with Chilean ultra-low-cost carrier JetSMART Airlines SpA in July.”