Shareholder

AWAS was purchased by private equity firm Terra Firma, London, UK in March 2006 and acquired Pegasus Aircraft Finance Company in June 2007. The combination of AWAS and Pegasus created the world’s third-largest aircraft lessor by assets under management.

A new management team has been put in place to move the business forward and to implement a newly established differentiation strategy.

AWAS owns 209 aircraft and has been continuously expanding its fleet since 2007, adding young, fuel efficient aircraft. Thus, as well as helping airlines to accelerate the retirement of older less-efficient aircraft, AWAS also helps them to significantly reduce their operating cost.

Find out more about Terra Firma at: www.terrafirma.com