Wednesday, May 22, 2024
ECS Group buys stake in AVS GSA

ECS Group buys stake in AVS GSA

ECS Group has bought a majority stake in AVS GSA Group, a general sales agent with a strong presence in the Asian and South East Asian region.

The deal was signed in Singapore on 21 June by AVS GSA group chairman, Monchai Jirakiertivadhana, ECS Group chief executive officer (CEO), Bertrand Schmoll, AVS GSA group CEO, Thomas Ong, and ECS Group chief operating officer, Adrien Thominet. AVS GSA was founded in 2007 and focuses on growing Asian economies to consolidate cargo in the ASEAN region using network flights and interline with the rest of Asia, Europe and the US.

Jirakiertivadhana says: “AVS GSA is determined to offer high quality services to our partners day after day. We are delighted about our partnership with ECS Group and the association with the global leader in GSA will help us enlarge our portfolio of airlines.”

“We decided to come together based on mutual trust. AVS GSA and ECS Group share common objectives, have high degree of professionalism, tremendous inclination for innovation and, top it all, we are extremely passionate about airline business.”

Schmoll says: “It is important to have a local partner, who shares a common vision, and has an experienced team of professionals with deep knowledge and extensive network into the local market. In AVS GSA Group we have found the right chemistry for mutual growth.”

Ong adds: “AVS GSA Group compliments perfectly the network of ECS Group.  Both Groups represents DHL Aviation in each of our own territory.  We also share other principals like Oman Air, Malaysian Airlines, etc.”

“There was a perfect understanding among all key people involved in this deal. ECS Group has a strong reputation and global leadership position in the airfreight industry and we are proud to be part of the team.”

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