Fonds de solidarité contributes to $30 mln deal backing AJW

The Fonds de solidarité des travailleurs du Québec (FTQ) has provided up to C$12 million in unsecured subordinated funding to AJW Technique, a subsidiary of U.K.-based A J Walter Aviation Ltd. The Fonds de solidarité's investment is part of a C$30 million deal intended to help relaunch facilities for the repair and maintenance of aircraft components formerly associated with Aveos Fleet Performance Inc. The other funders are the Saint-Laurent-based AJW itself and the Québec government.

9 April 2013•2 mins read
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