A J Walter Aviation has been awarded a seven year contract to provide power-by-the-hour support to Korea’s leading low cost airline, Eastar Jet. The agreement covers the airline’s current fleet of six B737NG aircraft though Eastar Jet plans to rapidly grow this fleet to operate a minimum of sixteen aircraft by 2021. This contract is an important step for AJW as it fast tracks its growth in the Asian market.
Eastar Jet was launched in 2007 and currently operates services to regional destinations including Gimpo, Gunsan and Cheongju. It aims to become the best low-cost carrier in Asia and help boost international tourism to Saemangeum in South Korea. The airline’s main operating base is Gimpo International Airport, Seoul and AJW will position stock here to service the fleet as well as providing further direct support from its Singapore facility. “Our ability to provide local support from our Singapore base was of fundamental importance to Easter Jet when choosing AJW as their component logistics and maintenance provider”, comments Boris Wolstenholme, CEO, A J Walter Aviation, “We’re proud to be able to support another pioneering airline in this region and we will work hard to contribute to the growing success of Eastar Jet in this highly competitive market place.”
AJW is able to offer complete aircraft spares support globally including a wide range of PBH, pooling, leasing, sale, loan and exchange services from its extensive $400m modern Airbus and Boeing inventories. With over 375 aircraft under contract AJW has substantial purchasing power and chooses only the best performing suppliers to maintain its component pools, ensuring guaranteed availability 24/7 for a comprehensive range of equipment across most ATA Chapters.