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
Andi Mann, Chief Technology Advocate at Splunk, is an accomplished digital business executive with extensive global expertise as a strategist, technologist, innovator, marketer, and communicator. For over 30 years across five continents, he has built success with Fortune 500 corporations, vendors, governments, and as a leading research analyst and consultant.
Most DevOps journeys involve several phases of maturity. Research shows that the inflection point where organizations begin to see maximum value is when they implement tight integration deploying their code to their infrastructure. Success at this level is the last barrier to at-will deployment. Storage, for instance, is more capable than where we read and write data. In his session at @DevOpsSummit at 20th Cloud Expo, Josh Atwell, a Developer Advocate for NetApp, will discuss the role and value...
"When you think about the data center today, there's constant evolution, The evolution of the data center and the needs of the consumer of technology change, and they change constantly," stated Matt Kalmenson, VP of Sales, Service and Cloud Providers at Veeam Software, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
New competitors, disruptive technologies, and growing expectations are pushing every business to both adopt and deliver new digital services. This ‘Digital Transformation’ demands rapid delivery and continuous iteration of new competitive services via multiple channels, which in turn demands new service delivery techniques – including DevOps. In this power panel at @DevOpsSummit 20th Cloud Expo, moderated by DevOps Conference Co-Chair Andi Mann, panelists examined how DevOps helps to meet the de...
Dynatrace is an application performance management software company with products for the information technology departments and digital business owners of medium and large businesses. Building the Future of Monitoring with Artificial Intelligence Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more busi...
Today, we have more data to manage than ever. We also have better algorithms that help us access our data faster. Cloud is the driving force behind many of the data warehouse advancements we have enjoyed in recent years. But what are the best practices for storing data in the cloud for machine learning and data science applications?
Bill Schmarzo, author of "Big Data: Understanding How Data Powers Big Business" and "Big Data MBA: Driving Business Strategies with Data Science" is responsible for guiding the technology strategy within Hitachi Vantara for IoT and Analytics. Bill brings a balanced business-technology approach that focuses on business outcomes to drive data, analytics and technology decisions that underpin an organization's digital transformation strategy.
DevOpsSummit New York 2018, colocated with CloudEXPO | DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City. Digital Transformation (DX) is a major focus with the introduction of DXWorldEXPO within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term.
@DevOpsSummit at Cloud Expo, taking place November 12-13 in New York City, NY, is co-located with 22nd international CloudEXPO | first international DXWorldEXPO 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 t...
Headquartered in Plainsboro, NJ, Synametrics Technologies has provided IT professionals and computer systems developers since 1997. Based on the success of their initial product offerings (WinSQL and DeltaCopy), the company continues to create and hone innovative products that help its customers get more from their computer applications, databases and infrastructure. To date, over one million users around the world have chosen Synametrics solutions to help power their accelerated business or per...
DXWordEXPO New York 2018, colocated with CloudEXPO New York 2018 will be held November 11-13, 2018, in New York City and will bring together Cloud Computing, FinTech and Blockchain, Digital Transformation, Big Data, Internet of Things, DevOps, AI, Machine Learning and WebRTC to one location.
Charles Araujo is an industry analyst, internationally recognized authority on the Digital Enterprise and author of The Quantum Age of IT: Why Everything You Know About IT is About to Change. As Principal Analyst with Intellyx, he writes, speaks and advises organizations on how to navigate through this time of disruption. He is also the founder of The Institute for Digital Transformation and a sought after keynote speaker. He has been a regular contributor to both InformationWeek and CIO Insight...
When talking IoT we often focus on the devices, the sensors, the hardware itself. The new smart appliances, the new smart or self-driving cars (which are amalgamations of many ‘things'). When we are looking at the world of IoT, we should take a step back, look at the big picture. What value are these devices providing. IoT is not about the devices, its about the data consumed and generated. The devices are tools, mechanisms, conduits. This paper discusses the considerations when dealing with the...
Sanjeev Sharma Joins November 11-13, 2018 @DevOpsSummit at @CloudEXPO New York Faculty. Sanjeev Sharma is an internationally known DevOps and Cloud Transformation thought leader, technology executive, and author. Sanjeev's industry experience includes tenures as CTO, Technical Sales leader, and Cloud Architect leader. As an IBM Distinguished Engineer, Sanjeev is recognized at the highest levels of IBM's core of technical leaders.
DXWorldEXPO LLC announced today that Kevin Jackson joined the faculty of CloudEXPO's "10-Year Anniversary Event" which will take place on November 11-13, 2018 in New York City. Kevin L. Jackson is a globally recognized cloud computing expert and Founder/Author of the award winning "Cloud Musings" blog. Mr. Jackson has also been recognized as a "Top 100 Cybersecurity Influencer and Brand" by Onalytica (2015), a Huffington Post "Top 100 Cloud Computing Experts on Twitter" (2013) and a "Top 50 C...