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Avia Solutions Group

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281:. The group also organizes humanitarian flights, airlifts, airdrops, search and rescue, evacuation and other aircraft leasing for the United Nations, world governments and other aid groups. The company flies about 6 million passengers per year, and has over 12,000 employees located in 100 offices around the world. As of March 2024, the company owns twelve AOC-certified airlines, with a plan to purchase seven more within the year. 298: 36: 244:
Avia Solutions Group is a holding company with subsidiaries specializing in various aircraft related businesses, including aircraft maintenance; repair and overhaul (MRO); leasing and trading of aircraft; ground handling and fueling; aviation training; personnel resourcing; and business and corporate
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in 2011. In November 2018 it was delisted from the WSE. In 2021, the group received €300 million in financing from US-based investment management company Certares. The company moved its headquarters from Lithuania to Cyprus, and then from Cyprus to Dublin in May 2023. The company is Ireland's second
27: 166:, it moved its headquarters to Dublin, Ireland in 2023, and has additional offices around the world. As of January 2024, the company maintained a fleet of over 200 aircraft among the group's subsidiaries, with annual revenue of €2 billion. 777: 1074: 759: 1128: 1133: 531: 1123: 1012: 1038: 778:"Warsaw Stock Exchange excluded from exchange trading on the GPW Main List of the shares of the Avia Solutions Group AB AVIA SOLUTIONS GROUP AB (LT0000128381)" 434: 202:
was founded under the name FL Technics Jets. In 2007, Aviation Asset Management was founded (now known as AviaAM Leasing). In 2008, a charter airline called
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in England. In 2024, ASG announced plans to expand to the United States, partnering with Impact Investments, an investment firm headed by former
850: 479: 876: 1118: 557: 1113: 105: 795: 683: 178:, was privatized. LAL investment management acquired 100% of the airline shares for 7.53 million Euro. The airline was re-branded as 230: 734: 195: 191: 505: 179: 199: 409: 454: 218: 1056: 162:
is an ACMI (aircraft, crew, maintenance, and insurance) provider and holding company. Established in 2010 in
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The history of Avia Solutions Group began in 2005 when Lithuanian Airlines (LAL), the national airlines of
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In 2010, the LAL companies were consolidated into Avia Solutions Group, and the group was listed on the
203: 186:(aviation maintenance, repair, and operations), and Bilietų Pardavimo Centras (travel agency). In 2005, 282: 245:
aviation, in addition to its primary function as an ACMI provider. Among its notable subsidiaries are:
134: 904: 236:. In addition to financial support, the firm will advise on further strategic development in the US. 942: 182:
and several related companies were registered, including Baltic Ground Services (ground handling),
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is the founder, chairman and majority owner of the company, and Jonas Janukenas is the CEO.
266: 226: 26: 708: 633: 358: 222: 608: 381: 254: 297: 1102: 345: 250: 129: 198:) was founded, to provide professional training for aviation specialists. In 2007, 35: 1013:"Australia's Skytrans to step up to Airbus jets after Avia Solutions acquisition" 366: 233: 187: 183: 826:"Avia becomes Ireland's second-largest aviation business after Dublin HQ move" 583: 532:"Dublin-based Avia Solutions Group has acquired Australian airline Skytrans" 262: 175: 163: 1039:"Avia Solutions guaranteeing job to cadet pilots under BAA training scheme" 923:"Dublin-based aviation investor Avia Solutions seeks to expand US base" 877:"Aviation services company Avia Solutions moves headquarters to Dublin" 376: 274: 270: 258: 340: 73: 328:
As of 2022, Avia Solutions Group controls the following companies:
659:""Aviation Asset Management" planuoja plėtrą ir keičia pavadinimą" 371: 964:"Dublin-based aircraft firm Avia to free up €1.5bn for reserves" 292: 684:""Aviation assets management" perka lėktuvus už 83 mln. litų" 480:"Pagrindinė „Avia Solutions Group" būstinė perkelta į Airiją" 851:"Aviation services firm Avia Solutions moves HQ to Dublin" 796:"Avia Solutions Group to issue USD 300 mln worth of bonds" 194:. In November 2006, Baltic Aviation Academy (now known as 146: 905:"UK startup Ascend Airways commences revenue operations" 760:"Avia solutions group appears on Warsaw Stock Exchange" 309: 217:
In 2024, Avia subsidiary Ascend Airways was granted an
1075:"Condensed Consolidated Interim Financial Information" 190:
was founded. The company opened its first hangar at
943:"Aviation company Avia to create 50 jobs in Dublin" 141: 125: 115: 103: 95: 80: 69: 61: 53: 45: 558:"Competition Council of the Republic of Lithuania" 40:Avia Solutions Group's service center in Vilnius 990:"Avia Solutions Group establishes HQ in Dublin" 916: 914: 735:"Avia Solutions Group: A mathematical approach" 1129:Companies listed on the Warsaw Stock Exchange 91:Jonas Janukenas (CEO and member of the board) 8: 19: 506:"Avia Solutions Group now an Irish company" 1057:"Avia Solutions acquires Chapman Freeborn" 34: 25: 18: 16:Global aerospace business group in Ireland 214:largest aviation business after Ryanair. 1134:Lithuanian companies established in 2005 958: 956: 936: 934: 932: 899: 897: 1124:Transport companies established in 2005 819: 817: 449: 447: 401: 7: 429: 427: 921:Lahiri, Indrabati (4 April 2024). 412:. Registru centras. 12 August 2010 14: 733:Harry, Rachelle (4 August 2020). 261:. Some of its customers include: 1109:Transport companies of Lithuania 410:"Avia Solutions Group – Founded" 296: 941:O’Donovan, Brian (5 May 2023). 560:. 2 April 2015. Archived from 435:"Independent Auditor's Report" 1: 486:(in Lithuanian). 1 March 2023 192:Vilnius International Airport 824:Hayhurst, Lee (5 May 2023). 221:. It proposes to fly out of 709:"Small Planet Airlines UAB" 634:"Jet Maintenance Solutions" 1150: 1119:Companies based in Vilnius 1114:Airline holding companies 33: 24: 1037:Kaminski-Morrow, David. 1011:Kaminski-Morrow, David. 219:Air Operator Certificate 89:(chairman of the board) 830:Aviation Business News 459:www.registrucentras.lt 135:S&P Global Ratings 99:€2.263 billion (2023) 455:"VĮ Registrų centras" 231:US Secretary of State 211:Warsaw Stock Exchange 204:Small Planet Airlines 289:Notable subsidiaries 160:Avia Solutions Group 111:€160 million (2023) 20:Avia Solutions Group 881:www.businesspost.ie 784:. 16 November 2018. 117:Number of employees 21: 1063:. 19 October 2019. 387:SmartLynx Airlines 308:. You can help by 283:Gediminas Žiemelis 247:SmartLynx Airlines 87:Gediminas Ziemelis 968:Irish Independent 855:Irish Independent 538:. 23 January 2024 536:Irish Independent 510:www.stattimes.com 326: 325: 157: 156: 57:Aviation, tourism 1141: 1093: 1092: 1090: 1088: 1079: 1071: 1065: 1064: 1053: 1047: 1046: 1034: 1028: 1027: 1025: 1023: 1008: 1002: 1001: 999: 997: 986: 980: 979: 977: 975: 960: 951: 950: 938: 927: 926: 918: 909: 908: 901: 892: 891: 889: 887: 873: 867: 866: 864: 862: 847: 841: 840: 838: 836: 821: 812: 811: 809: 807: 792: 786: 785: 774: 768: 767: 756: 750: 749: 747: 745: 730: 724: 723: 721: 719: 705: 699: 698: 696: 694: 680: 674: 673: 671: 669: 655: 649: 648: 646: 644: 630: 624: 623: 621: 619: 605: 599: 598: 596: 594: 580: 574: 573: 571: 569: 554: 548: 547: 545: 543: 528: 522: 521: 519: 517: 502: 496: 495: 493: 491: 476: 470: 469: 467: 465: 451: 442: 441: 439: 431: 422: 421: 419: 417: 406: 363:Chapman Freeborn 321: 318: 300: 293: 267:Turkish Airlines 153: 150: 148: 106:Operating income 38: 29: 22: 1149: 1148: 1144: 1143: 1142: 1140: 1139: 1138: 1099: 1098: 1097: 1096: 1086: 1084: 1077: 1073: 1072: 1068: 1055: 1054: 1050: 1036: 1035: 1031: 1021: 1019: 1010: 1009: 1005: 995: 993: 988: 987: 983: 973: 971: 970:. 9 August 2023 962: 961: 954: 940: 939: 930: 920: 919: 912: 903: 902: 895: 885: 883: 875: 874: 870: 860: 858: 849: 848: 844: 834: 832: 823: 822: 815: 805: 803: 802:(in Lithuanian) 794: 793: 789: 776: 775: 771: 766:. 23 July 2012. 758: 757: 753: 743: 741: 732: 731: 727: 717: 715: 707: 706: 702: 692: 690: 682: 681: 677: 667: 665: 657: 656: 652: 642: 640: 632: 631: 627: 617: 615: 607: 606: 602: 592: 590: 582: 581: 577: 567: 565: 564:on 2 April 2015 556: 555: 551: 541: 539: 530: 529: 525: 515: 513: 504: 503: 499: 489: 487: 478: 477: 473: 463: 461: 453: 452: 445: 437: 433: 432: 425: 415: 413: 408: 407: 403: 398: 391:Storm Aviation. 359:Bluebird Nordic 322: 316: 313: 306:needs expansion 291: 242: 172: 145: 133: 118: 108: 90: 83: 49:Private company 41: 17: 12: 11: 5: 1147: 1145: 1137: 1136: 1131: 1126: 1121: 1116: 1111: 1101: 1100: 1095: 1094: 1082:Avia Solutions 1066: 1048: 1029: 1003: 981: 952: 928: 910: 907:. 14 May 2024. 893: 868: 842: 813: 787: 769: 751: 739:Air Cargo News 725: 700: 675: 650: 625: 609:"BAA Training" 600: 575: 549: 523: 512:. 1 March 2023 497: 471: 443: 423: 400: 399: 397: 394: 393: 392: 389: 384: 382:Magma Aviation 379: 374: 369: 364: 361: 356: 351: 348: 343: 341:AviaAM Leasing 338: 337:Ascend Airways 335: 324: 323: 303: 301: 290: 287: 255:Magma Aviation 241: 240:Business model 238: 223:London Gatwick 171: 168: 155: 154: 143: 139: 138: 127: 123: 122: 121:11 000+ (2023) 119: 116: 113: 112: 109: 104: 101: 100: 97: 93: 92: 84: 81: 78: 77: 71: 67: 66: 63: 59: 58: 55: 51: 50: 47: 43: 42: 39: 31: 30: 15: 13: 10: 9: 6: 4: 3: 2: 1146: 1135: 1132: 1130: 1127: 1125: 1122: 1120: 1117: 1115: 1112: 1110: 1107: 1106: 1104: 1083: 1076: 1070: 1067: 1062: 1058: 1052: 1049: 1044: 1043:Flight Global 1040: 1033: 1030: 1018: 1017:Flight Global 1014: 1007: 1004: 991: 985: 982: 969: 965: 959: 957: 953: 948: 944: 937: 935: 933: 929: 924: 917: 915: 911: 906: 900: 898: 894: 882: 878: 872: 869: 856: 852: 846: 843: 831: 827: 820: 818: 814: 801: 797: 791: 788: 783: 779: 773: 770: 765: 761: 755: 752: 740: 736: 729: 726: 714: 713:Rekvizitai.lt 710: 704: 701: 689: 685: 679: 676: 664: 660: 654: 651: 639: 638:Rekvizitai.lt 635: 629: 626: 614: 613:Rekvizitai.lt 610: 604: 601: 589: 588:Rekvizitai.lt 585: 584:"FL Technics" 579: 576: 563: 559: 553: 550: 537: 533: 527: 524: 511: 507: 501: 498: 485: 481: 475: 472: 460: 456: 450: 448: 444: 436: 430: 428: 424: 411: 405: 402: 395: 390: 388: 385: 383: 380: 378: 375: 373: 370: 368: 365: 362: 360: 357: 355: 352: 349: 347: 346:Avion Express 344: 342: 339: 336: 334: 331: 330: 329: 320: 311: 307: 304:This section 302: 299: 295: 294: 288: 286: 284: 280: 276: 272: 268: 264: 260: 256: 252: 251:Avion Express 248: 239: 237: 235: 232: 228: 224: 220: 215: 212: 207: 206:was founded. 205: 201: 197: 193: 189: 185: 181: 177: 169: 167: 165: 161: 152: 144: 140: 136: 131: 130:Fitch Ratings 128: 124: 120: 114: 110: 107: 102: 98: 94: 88: 85: 79: 75: 72: 68: 64: 60: 56: 52: 48: 44: 37: 32: 28: 23: 1085:. 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EuroNews. 718:14 November 693:14 November 668:14 November 643:14 November 618:14 November 593:14 November 568:14 November 367:FL Technics 234:Mike Pompeo 188:FL Technics 184:FL Technics 1103:Categories 1087:25 January 396:References 317:April 2024 82:Key people 263:Lufthansa 176:Lithuania 164:Lithuania 76:, Ireland 1022:31 March 996:31 March 974:31 March 886:31 March 861:31 March 835:31 March 806:31 March 800:Delfi EN 744:31 March 542:31 March 516:31 March 490:31 March 464:31 March 416:24 March 333:AeroTime 227:Southend 54:Industry 377:KlasJet 275:Ryanair 271:Wizzair 259:KlasJet 170:History 149:.aviasg 142:Website 96:Revenue 62:Founded 688:tv3.lt 484:lrt.lt 180:FlyLAL 126:Rating 74:Dublin 1078:(PDF) 663:DELFI 438:(PDF) 372:JETMS 200:JetMS 137:– BB- 1089:2024 1024:2024 998:2024 976:2024 888:2024 863:2024 837:2024 808:2024 746:2024 720:2019 695:2019 670:2019 645:2019 620:2019 595:2019 570:2019 544:2024 518:2024 492:2024 466:2024 418:2015 277:and 257:and 225:and 151:.com 132:– BB 65:2010 947:RTE 782:GPW 354:BGS 312:. 279:SAS 147:www 1105:: 1080:. 1059:. 1041:. 1015:. 966:. 955:^ 945:. 931:^ 913:^ 896:^ 879:. 853:. 828:. 816:^ 798:. 780:. 762:. 737:. 711:. 686:. 661:. 636:. 611:. 586:. 534:. 508:. 482:. 457:. 446:^ 426:^ 273:, 269:, 265:, 253:, 249:, 1091:. 1045:. 1026:. 1000:. 978:. 949:. 890:. 865:. 839:. 810:. 748:. 722:. 697:. 672:. 647:. 622:. 597:. 572:. 546:. 520:. 494:. 468:. 440:. 420:. 319:) 315:(

Index



Dublin
Gediminas Ziemelis
Operating income
Fitch Ratings
S&P Global Ratings
www.aviasg.com
Lithuania
Lithuania
FlyLAL
FL Technics
FL Technics
Vilnius International Airport
BAA Training
JetMS
Small Planet Airlines
Warsaw Stock Exchange
Air Operator Certificate
London Gatwick
Southend
US Secretary of State
Mike Pompeo
SmartLynx Airlines
Avion Express
Magma Aviation
KlasJet
Lufthansa
Turkish Airlines
Wizzair

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