Welcome!

News Feed Item

Amur JMW Aviation, LLC Completes Major Fleet Transaction With Avianca

KANSAS CITY, MO -- (Marketwired) -- 04/14/14 -- Amur JMW Aviation, LLC (AJMWA), a joint venture between Amur Finance Company, Inc. and the owners of Jet Midwest, Inc., is pleased to announce that the company has completed a major fleet transaction with Avianca Airlines. The deal consists of AJMWA purchasing the entire ten (10) Fokker 50 aircraft fleet from Avianca Airlines to be delivered to Jet Midwest's facility in Kansas City, Missouri.

According to Paul Kraus, Co-Chair of AJMWA and Chairman of Jet Midwest, "The recent transaction with Avianca allows Amur JMW to enhance its asset portfolio while further promoting relationships with other regional airline customers." He commented, "We are delighted that Avianca placed its trust in our company and look forward to a continued strong working relationship with Latin America's premier airline."

Additionally, Fabio Villegas, Avianca's CEO, stated, "After the Fokker 50 fleet had been removed from our operations, we received from Amur JMW a purchase offer which we have accepted. This sale helps us to continue with our fleet modernization plan for 2014." He further commented, "Amur JMW was able to provide us with a highly responsive and flexible solution that met our fleet transition requirements."

Upon completion of general inspection and routine maintenance of the aircraft at the Jet Midwest facility, AJMWA will release the Fokker 50 aircraft to various airline customers under new operating arrangements.

About Amur JMW Aviation, LLC

Amur JMW Aviation, LLC is a 50/50 joint venture between Amur Finance Company, Inc., and the owners of Jet Midwest Inc. The company focuses on working with customers to develop responsive and innovative fleet solutions for mid-life and older commercial jets. Services range from acquisition and follow on lease arrangements to transferring suitable candidate aircraft to part-out stage. Amur JMW Aviation prides itself on developing long term relationships that are mutually beneficial to the company and its customers. For more information about Amur JMW Aviation LLC, please visit www.amurjmw.com.

About Amur Finance Company, Inc.

Amur Finance Company, Inc. is a privately held, diversified commercial finance company focusing on the global transportation, industrial and equipment leasing sectors. With over $40 billion of related finance, trading and investment transactions, the management team has been directly involved in over 350 fixed wing and rotor aircraft transactions around the world. Amur Finance Company, Inc. takes a partnership approach to its investments, providing long term value through joint ventures and strategic arrangements with world-class entrepreneurs in each industry sector.

About Jet Midwest Inc.

Jet Midwest Inc. is a full-service commercial aviation company, specializing in the sale and lease of commercial aircraft, engines and parts as well as aircraft maintenance, repair and overhaul services. Since the company's founding in 1997, Jet Midwest has acquired, disassembled, sold and leased more than 300 aircraft, including the Boeing 767, 757, 737, Airbus 320, McDonnell Douglas MD80, Fokker 100, and Fokker 50 series. Headquartered in the KCI Overhaul Base at Kansas City International Airport, Jet Midwest offers turnkey storage, repair and maintenance services as well as warehouse and extensive parts inventory of more than 200,000 line items representing millions of aircraft spares. Jet Midwest Inc. offers full spectrum solutions through three separate companies: Jet Midwest, Jet Midwest Group and Jet Midwest Technik. For more information, please visit www.jetmidwest.com

About Avianca

Avianca is the commercial brand that represents the company: Latino Americana Avianca Integrated Holdings Inc. and flag carrier of Colombia. Its workforce of over 19,000 employees has been recognized to provide an excellent world class service. Avianca specializes in air cargo and passenger transportation, serving 98 destinations in 26 countries throughout the American continent and Europe with its modern fleet of 151 short, medium and long haul aircraft. Through its membership with Star Alliance, Avianca offers the possibility to connect to more than 1,200 destinations in 193 countries globally. Through LifeMiles, the loyalty program, the airline offers a wide range of benefits and travel options to its registered members. During 2013, Avianca carried more than 24 million passengers. Please visit Avianca.com for more information.

Media Contact:

For Amur JMW Aviation, LLC
Steve Tanis
President
InAvanti
336.324.3420
Email Contact

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
@DevOpsSummit at Cloud taking place June 6-8, 2017, at Javits Center, New York City, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long developm...
SYS-CON Events announced today that Juniper Networks (NYSE: JNPR), an industry leader in automated, scalable and secure networks, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Juniper Networks challenges the status quo with products, solutions and services that transform the economics of networking. The company co-innovates with customers and partners to deliver automated, scalable and secure network...
Grape Up is a software company, specialized in cloud native application development and professional services related to Cloud Foundry PaaS. With five expert teams that operate in various sectors of the market across the USA and Europe, we work with a variety of customers from emerging startups to Fortune 1000 companies.
Financial Technology has become a topic of intense interest throughout the cloud developer and enterprise IT communities. Accordingly, attendees at the upcoming 20th Cloud Expo at the Javits Center in New York, June 6-8, 2017, will find fresh new content in a new track called FinTech.
In his keynote at 19th Cloud Expo, Sheng Liang, co-founder and CEO of Rancher Labs, discussed the technological advances and new business opportunities created by the rapid adoption of containers. With the success of Amazon Web Services (AWS) and various open source technologies used to build private clouds, cloud computing has become an essential component of IT strategy. However, users continue to face challenges in implementing clouds, as older technologies evolve and newer ones like Docker c...
SYS-CON Events announced today that Interoute, owner-operator of one of Europe's largest networks and a global cloud services platform, has been named “Bronze Sponsor” of SYS-CON's 20th Cloud Expo, which will take place on June 6-8, 2017 at the Javits Center in New York, New York. Interoute is the owner-operator of one of Europe's largest networks and a global cloud services platform which encompasses 12 data centers, 14 virtual data centers and 31 colocation centers, with connections to 195 add...
In his keynote at @ThingsExpo, Chris Matthieu, Director of IoT Engineering at Citrix and co-founder and CTO of Octoblu, focused on building an IoT platform and company. He provided a behind-the-scenes look at Octoblu’s platform, business, and pivots along the way (including the Citrix acquisition of Octoblu).
Cloud Expo, Inc. has announced today that Aruna Ravichandran, vice president of DevOps Product and Solutions Marketing at CA Technologies, has been named co-conference chair of DevOps at Cloud Expo 2017. The @DevOpsSummit at Cloud Expo New York will take place on June 6-8, 2017, at the Javits Center in New York City, New York, and @DevOpsSummit at Cloud Expo Silicon Valley will take place Oct. 31-Nov. 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
SYS-CON Events announced today that CollabNet, a global leader in enterprise software development, release automation and DevOps solutions, will be a Bronze Sponsor of SYS-CON's 20th International Cloud Expo®, taking place from June 6-8, 2017, at the Javits Center in New York City, NY. CollabNet offers a broad range of solutions with the mission of helping modern organizations deliver quality software at speed. The company’s latest innovation, the DevOps Lifecycle Manager (DLM), supports Value S...
Join IBM November 2 at 19th Cloud Expo at the Santa Clara Convention Center in Santa Clara, CA, and learn how to go beyond multi-speed it to bring agility to traditional enterprise applications. Technology innovation is the driving force behind modern business and enterprises must respond by increasing the speed and efficiency of software delivery. The challenge is that existing enterprise applications are expensive to develop and difficult to modernize. This often results in what Gartner calls ...
NHK, Japan Broadcasting, will feature the upcoming @ThingsExpo Silicon Valley in a special 'Internet of Things' and smart technology documentary that will be filmed on the expo floor between November 3 to 5, 2015, in Santa Clara. NHK is the sole public TV network in Japan equivalent to the BBC in the UK and the largest in Asia with many award-winning science and technology programs. Japanese TV is producing a documentary about IoT and Smart technology and will be covering @ThingsExpo Silicon Val...
Translating agile methodology into real-world best practices within the modern software factory has driven widespread DevOps adoption, yet much work remains to expand workflows and tooling across the enterprise. As models evolve from pockets of experimentation into wholescale organizational reinvention, practitioners find themselves challenged to incorporate the culture and architecture necessary to support DevOps at scale. In his session at @DevOpsSummit at 20th Cloud Expo, Anand Akela, Senior...
@GonzalezCarmen has been ranked the Number One Influencer and @ThingsExpo has been named the Number One Brand in the “M2M 2016: Top 100 Influencers and Brands” by Analytic. Onalytica analyzed tweets over the last 6 months mentioning the keywords M2M OR “Machine to Machine.” They then identified the top 100 most influential brands and individuals leading the discussion on Twitter.
The 20th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held June 6-8, 2017, at the Javits Center in New York City, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Containers, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit your speaking proposal ...
The age of Digital Disruption is evolving into the next era – Digital Cohesion, an age in which applications securely self-assemble and deliver predictive services that continuously adapt to user behavior. Information from devices, sensors and applications around us will drive services seamlessly across mobile and fixed devices/infrastructure. This evolution is happening now in software defined services and secure networking. Four key drivers – Performance, Economics, Interoperability and Trust ...