AJW Enters Middle East Component Partnership
AJW Group has signed an agreement with Bahrain-based services provider MENA Aerospace to offer aircraft part support, component MRO and logistical support to fixed-wing and rotary-wing operators in the Middle East.
The partnership, which AJW says will help it expand its operation in the Middle East, will see several integrated products and services offered by both parties.
These include access to AJW’s parts inventory, repair and overhaul services at AJW’s Montreal-based facility AJW Technique, regional logistics support and the use of MENA Aerospace’s facilities at Bahrain International Airport where it offers technical support services.
Formed in 2004, the company provides aircraft operation and management, charter sales, ground services, aircraft parking, line maintenance and logistics support for aircraft.
MENA Aerospace’s managing director Mohamed Ahmed Juman says the agreement will benefit customers by giving them access to seamless spare parts supply and repair services.
Christopher Whiteside, chairman and CEO of AJW Group, adds that increasing its presence in the Middle East is part of the company’s strategic expansion. The company has previously looked to expand beyond Europe and North America and in late 2019 formed a joint venture with Hong Kong-based Greavia.
According to Aviation Week’s Fleet & MRO Forecast data, the Middle East will see a spike in component repairs from this year through to 2030. Valued at $14.6 billion as a segment this year, component repair spend in the region is expected to generate $184.5 billion over the next decade.