AJW Group and Arena Investors launch US$100 million Dublin-based aviation asset JV

AJW Group (AJW) and Arena Investors, LP (Arena) have announced their joint venture which will focus on the selective acquisition of commercial aircraft, engines, and components. The JV will take advantage of AJW’s global network and operational expertise, along with Arena’s comprehensive experience in investments related to the aviation industry. The joint venture will be based in Dublin, Ireland, where AJW and Arena will jointly acquire a targeted portfolio of aircraft and engines to be managed and monetized through AJW’s global network.  The joint venture is to be funded with committed capital of up to US$100 million.

AJW has roughly 90 years of experience and is a world-leading independent specialist in the supply, lease, and repair of aircraft components and a supply chain solution provider to over 1,000 airlines. The joint venture will feed engines and components into AJW’s global inventory utilising the extensive repair capabilities of AJW Technique, the Group’s state-of-the-art, industry-leading maintenance hub based in Montreal.

Vivek Nayar, Arena Investors, comments: “We are thrilled to be forming a partnership with AJW, one of the most storied and reputable firms in the aviation services industry, with its wide geographical reach and customer base.  AJW’s experience, combined with Arena’s flexible capital solutions, are especially relevant at a time when there are great liquidity needs in the industry.  We look forward to helping to solve those needs.”