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Published on : Monday, July 25, 2016
AJW Group further strengthens its management team with the appointment of Randeep S Grewal as Chairman. International businessman and entrepreneur, Grewal is founder of the Greka Group and the Grevino Group which are composed of more than fifty companies in the fields of energy, aviation, real estate and hospitality worldwide, some of which are traded on the London Stock Exchange.
Aviation is Grewal’s abiding passion. His mechanical engineering degree from California’s Northrop University had an aeronautical focus and his mother was India’s first female pilot. Between 1984 and 1993 he served in management positions at several airlines in the US including People Express, Continental Airlines, Eastern Airlines, Texas Air and Frontier Airlines with varying responsibility for engineering, maintenance programmes, ground operations, component and aircraft maintenance, planning, aircraft purchases, mergers and acquisitions.
From 1993 to 1996, Grewal served as Corporate Vice President for RADA Industries, an Israeli defence contractor where he advanced the Company into civil aviation worldwide.
A pioneer within the oil and gas industry, Grewal has been the Chairman and Chief Executive Officer of the Greka Group since 1997, where he consolidated Horizontal Ventures as well as oil and gas resources developer Saba Petroleum, and Pacific Asia Canada Energy.
He joins AJW as the organisation continues to focus on the development of support services that transform aviation efficiency for operators and lower CASM. “Our business model has evolved in recent years as more and more airlines have entrusted the dispatch reliability of their aircraft to AJW through the adoption of power-by-the-hour and repair-by-the-hour services. Currently we have over 1,300 aircraft under contract worldwide with operators large and small, and this represents a significant shift in the dynamics of the Company” says Christopher Whiteside, President, AJW Group. “Randeep’s exceptional business acumen makes a powerful contribution to the commercial insight within the AJW boardroom. His global business network with a strong presence in China complements our growth strategy and his enthusiasm for the world of aviation complements the entrepreneurial AJW spirit perfectly. AJW is a unique brand and it has taken time to find a Chairman with the right vision and drive to guide all of our business initiatives in harmony. I am delighted to welcome him on board.”
Grewal acknowledges that the ever-changing world of aviation needs businesses that have a solid base, but are keen to embrace change. “We are seeing a paradigm shift in the marketplace as forward looking airlines recognise the need for innovation within their component support options. We have proactively restructured throughout the AJW Group, creatively combining our component provision with repair services and streamlining supply chain efficiency to reduce costs. We have also built up an extensive aircraft engines portfolio and bolstered that with inventive leasing and finance options. Airlines view AJW as a trusted and valued business partner, not just a supplier, and that is shaping a whole new range of services and support mechanisms, many of which are totally bespoke to individual airline needs. Flexibility and innovation are crucial and it’s what we are very good at.”
As AJW Group completes its 84th year in aviation the organisation is committed to sustaining its reputation for revolution, not just evolution. “We have the team, the experience and the knowledge,” says Grewal.
Tags: AJW Group