Svavarsson served as an accomplished CEO and Board of Directors member within the airline and aviation industry with roles previously held at Cabo Verde Airlines, Loftleidir Icelandic, Arctica Finance, and Faradair Aerospace.
With a track record in leadership, business development, strategic planning, organisational change, international business, negotiations, and mergers and acquisitions, Svavarsson is a highly skilled professional.
In his new role at AJW Capital, Svavarsson will spearhead the company's strategic initiatives as it continues to thrive within the aviation industry. As part of the AJW Group of companies, AJW Capital serves as the principal investing division responsible for the purchase, sale, and lease of large aviation-related capital assets, including whole aircraft and engines.
Christopher Whiteside, Chairman of AJW Group, said: "We are thrilled to welcome Erlendur as the new CEO of AJW Capital. With his extensive leadership experience in the aviation industry, we are confident that he will steer AJW Capital towards new heights of success, ensuring our continued commitment to excellence in aviation asset management."
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