During the course of the contract easyJet will take delivery a further 100 aircraft, including 51 A320neos, bringing the total fleet to 304.
Under the contract, which starts in October, AJW will be responsible for component repair and overhaul, supply of consumable parts and the management of easyJet’s spares inventory across its 30 European line stations.
Warwick Brady chief operations officer for easyJet said: “This deal is the first stage of a programme to re-tender easyJet’s engineering and maintenance contracts worth more than £200m [$298m] annually and is an important part of the drive to deliver sustainable cost savings.”
Meanwhile, Boris Wolstenholme CEO of AJW Aviation described the contract, which takes the number of aircraft AJW services to more than 900, as a “ground-breaking achievement” for AJW.
“This contract cements AJW’s position as the leading independent provider of component support programmes worldwide,” he said. “This deal demonstrates that inventory, consumables and expendables can be divested to a fully outsourced service like AJW.”
AJW Technique, the group’s MRO facility in Montreal, will undertake “a large proportion” of the repair and overhaul of easyJet’s components, with AJW working with a network of “approved and benchmarked” repair providers to perform the rest of the repairs.
Look out for James Pozzi’s interview with Wolstenholme on the easyJet contract and what it means AJW next week.