Avia Solutions Group November Success Stories

Welcome, and a warm hello to the most recent issue of the Avia Solutions Group newsletter!

Avia solutions group adjusted EBITDA for the Q3 was 316 million and revenue increased to 1 64 billion

Avia Solutions Group greets the end of 2023 by announcing its financial results for the third quarter of this year. The company’s adjusted EBITDA is €316 million, representing a 31% growth compared to the same period last year when it was €242 million. The group's revenue increased by 22% to reach €1.64 billion, compared to €1.34 billion for the same period in the previous year.

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BBN Airlines Indonesia Tripled Its Fleet

BBN Airlines Indonesia is adding four new aircraft to its fleet with the delivery of one B737-400SF and three B737-800NG aircraft. The aircraft will be used for both domestic and international routes, with a focus on the China to Bali route.

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KlasJet Obtained a Canadian Foreign Air Operator Certificate (FAOC)

KlasJet, an exclusive private and corporate flight charter company, has obtained a Canadian Foreign Air Operator Certificate (FAOC) and is now open to inquiries. This act supports one of the main long-term strategic goals at KlasJet - to cater to a variety of regions worldwide. Being able to provide services in Canada will make company even more attractive to possible future partners.

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BAA Training Acquired 48 Units of Cessna 172 Skyhawks

BAA Training, a leader in aviation training solutions, expanded its aircraft fleet by acquiring 48 Cessna 172 Skyhawks from Textron Aviation. This is an important step in developing the biggest pilot training base in Europe, Spain. The fleet expansion is poised to elevate the student-to-aircraft ratio significantly, ensuring a more conducive learning environment and enhanced training opportunities for future aviators.

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Avia Solutions Group continues expansion to Asia and establishment of BBN Airlines Thailand

Avia Solutions Group continues expansion into the Asia-Pacific region and established BBN Airlines Thailand in November. After recently submitting the necessary documents and looking forward to receiving the AOL (Air Operator Licence) soon followed by AOC certificate in October 2024, BBN Airlines Thailand is prepared to offer fully customized ACMI solutions in the region.

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Aviator Airport Alliance Appoints a New Managing Director in Finland

Aviator Airport Alliance, a full-range provider of aviation services at 15 airports across the Nordics, has announced the appointment of a new Managing Director in Finland – Kimmo Holopainen. The newly appointed CEO will have an opportunity to drive further strategic, cultural, and operational change to the company.

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FL Technics Strengthens Regional Presence as the Sole Independent AMO Service Provider at Abu Dhabi Terminal A (future Sheik Zayed International Airport)

FL Technics, a globally recognized aviation maintenance, repair, and overhaul (MRO) services provider, proudly asserts its position as the inaugural and the first independent AMO (Aircraft Maintenance Organization) service provider at Abu Dhabi Terminal A. Operating from Terminal A, FL Technics leverages its strategic position to offer a wide array of AMO services focused on the narrow-body (NB) commercial aircraft operating in the region.?

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3 key trends in ACMI leasing as we enter 2024

Chairman of Avia Solutions Group, Gediminas Ziemelis, shared his predictions regarding the ACMI leasing for the upcoming year. Focusing on key trends related to these challenges, Ziemelis shares some insights on how ACMI can help airlines to handle them. In the end, the industry players that can successfully manage these challenges will be in pole position to enjoy the spoils that higher demand and long-term innovations have to offer.

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