Horsham firm buys three aircraft from collapsed travel company

The firm - AJW Group in Slinfold - has bought the trio of Airbus A330-200 for teardown.

The company plans to disassemble the aircraft on-site at Manchester Airport and later put components up for sale.

A spokesman said: “With nearly 90 years of experience at the forefront of the aircraft component supply industry, AJW will manage the disassembly remotely coordinated by an experienced technical team and engine specialists, negating the need to ferry the aircraft to a teardown facility.”

CEO Ian Malin said: “AJW Group have proven again our agility and ability to pilot complex circumstances.

“Purchasing aircraft out of a bankruptcy is rarely straightforward however we have also had to navigate our way through during the Covid-19 lockdown period. “The challenges AJW have overcome - from resources and the ability to physically inspect the aircraft - we have taken in stride and found solutions to successfully pursue this transaction.”

AJW has operational hubs and local offices across Africa, Asia Pacific, China, CIS, Europe, Latin America, Middle East, North America and inventory hubs across Europe, Asia and the US.