Avia Solutions Group‘s first half results: EBITDA grew by 20%
Avia Solutions Group, one of the world’s largest ACMI (Aircraft, Crew, Maintenance, and Insurance) providers, has unveiled its financial performance for the first half of 2023. Compared to the first half of last year, the group’s revenue grew by 22% to €955 million. Adjusted EBITDA increased by 20% to €133 million. Due to the group’s […]
Alastair Willson joins Avia Solutions Group to lead UK business
Avia Solutions Group, one of the world’s largest ACMI providers, has announced the addition of Alastair Willson to its team who will take over the management and development of the newly acquired UK-based airline operator Synergy Aviation, later to be rebranded to Ascend Airways. With a career in the aviation industry spanning over 16 years […]
Bluebird Nordic plans to obtain AOC in Slovakia
Bluebird Nordic, Icelandic ACMI leasing and cargo airline, is planning to obtain an Air Operator Certificate (AOC) in Slovakia, expanding its operations in Europe. The company’s decision comes as a strategic move to enter new and prominent markets. “Slovakia is ideally positioned in the middle of Europe, which offers great opportunities for a wider geographical […]
Avion Express further strengthens its partnership with a Dominican air carrier Sky Cana
Avion Express, a European narrow-body ACMI operator and member of the global aviation services group Avia Solutions Group, has just further strengthened its cooperation with Sky Cana, a start-up airline headquartered in Santo Domingo. The companies have been in partnership for a few years and now have signed a contract for two additional Airbus A320 […]
Avia Solutions Group continues increasing its ACMI market share
To meet the growing ACMI demand of more educated airlines after the Covid-19 pandemic, KlasJet, an EU-based private air charter company is joining its parent group Avia Solutions Group companies and expanding its service portfolio by adding passenger ACMI to its services list. In 2021, the ACMI (Aircraft, Crew, Maintenance and Insurance) market size was […]
How Sub-Saharan airlines would benefit from using the ACMI services
Even though ACMI (Aircraft, Crew, Maintenance, and Insurance) is widely used in global markets, this aviation model has attracted low usage in Sub-Saharan Africa, despite the high seasonality of the aviation market in this region. Sub-Saharan Africa is considered a fast-growing market where new and existing airlines can leverage the benefits presented by ACMI model […]
Flying for an ACMI company: flexibility and diverse experience
In the current market, pilots have many choices and opportunities to work for companies they find attractive. While some still go for well-known industry giants, others turn to speciality airlines, for example, ACMI providers. How do such airlines attract and retain talented pilots in their teams? ACMI – an exciting opportunity for pilots Unlike pilots […]
ACMI market could soon experience deficit
Chairman of the board Of Avia Solutions Group Gediminas Ziemelis comments: “As the COVID-19 wanes sluggishly, the aircraft leasing market is likely to experience an increase in demand. Mainly, this will result from the growing demand for new aircraft as more and more airlines try to provide expanded capacity for the snowballing numbers of passengers […]
Air Atlanta makes management changes
Air Atlanta Icelandic has made a number of management changes, with new roles for Hannes Hilmarsson, Baldvin Hermannsson and Unndor Jonsson. The Icelandic ACMI and charter airline says the main objective of changing the corporate structure is to increase the focus on Air Atlanta’s fleet growth and renewal, to strengthen business development and strategic planning, […]
Atlas Air returns to profit in Q1 as all business sectors boom
Atlas Air has returned to profits in the first quarter of 2018 with increased activity in all business sectors. The $0.7 million loss in the first quarter of 2017 was turned into a $9.6 million profit, with operating revenue rising from $475 million to $590 million. ACMI revenue rose from $200 million to $266.4 million […]
Atlas Air acquires 777Fs to lease to DHL Express on ACMI basis
Atlas Air Worldwide has acquired two Boeing 777 Freighters to be operated for DHL Express by Southern Air on an ACMI (aircraft, crew, maintenance and insurance) basis. The aircraft were acquired from LATAM Airlines with the first starting service this month and the second expected to begin service at the end of the second quarter […]
Atlas Air and Polar Air Cargo seek preliminary injunction to stop “illegal slowdown”
Atlas Air and Polar Air Cargo – subsidiaries of Atlas Air Worldwide Holdings – announced yesterday they are seeking a preliminary court injunction to stop what they say is an “illegal slowdown” of work. The injunction accuses the trade unions representing pilots – the International Brotherhood of Teamsters, the International Brotherhood of Teamsters, Airline Division, and […]
National places two 747Fs with BST Logistics
National Airlines has expanded its cooperation with BST Logistics by operating the two B747-400F Freighters on behalf of BST Logistics through an aircraft, crew, maintenance, and insurance (ACMI) agreement from August. BST will begin cooperation with China Aerospace International Holdings based on BST Logistics’ ACMI operations. China Aerospace International Holdings is a subsidiary of the […]
Atlas Air places B747F with DHL Global Forwarding
Atlas Air Worldwide has announced the aircraft, crew, maintenance and insurance (ACMI) placement of a Boeing 747-400 Freighter with DHL Global Forwarding. The 747-400F will be operated by Atlas Air, and fly on behalf of DHL Global Forwarding through an ACMI agreement. The new service will commence this month and serve routes between the US, […]
Second quarter profits double at Atlas Air
Second quarter profits at Atlas Air have almost doubled to $38.9 million with all business segments seeing strong growth. Net income for the period is up from $20.5 million in 2016 and net income for the first half is up from $21 million in 2016 to $38.2 million this year, while total operating revenue rose […]
Atlas to operate B747F on behalf of Yangtze River Airlines
Atlas Air Worldwide has announced the ACMI (aircraft, crew, maintenance and insurance) placement of a Boeing 747-400 Freighter with Yangtze River Airlines – a subsidiary of the HNA Group in China. The 747-400F will be operated by Atlas Air, and will fly on behalf of Yangtze River Airlines through an ACMI agreement. The new service will commence this month and will […]
Atlas Air signs ACMI deal with Cathay Pacific for two 747-8Fs
Atlas Air is to place two Boeing 747-8 Freighters into ACMI service for Cathay Pacific Cargo. The aircraft will be operated by Atlas Air and will fly on behalf of Cathay Pacific Cargo through aircraft, crew, maintenance and insurance (ACMI) agreements. The 747-8F service is scheduled to begin in May, and will supplement capacity Cathay […]
ATSG sees revenue increase in 2016 of 24%
Air Transport Services Group’s (ATSG) revenue increased 24 per cent to $768.9 million in 2016 and it was up 22 per cent in the final quarter of the year. ATSG’s earnings from continuing operations fell though as were $21.1 million in 2016 down from $39 million in 2015 – while it posted a $755,000 loss for the fourth quarter. These […]
Atlas posts Q4 income surge and hails ‘historic’ year
Atlas Air Worldwide Holdings posted income from continuing operations, net of taxes, of $28.7 million for the three months ended on 31 December, 2016. Results compared with a loss from continuing operations, net of taxes, of $37.6 million for the three months ended 31 December, 2015, which was primarily due to charges of $102.8 million associated with an air cargo […]
Revenues rise in Q2 of 19% for ATSG
Air Transport Services Group (ATSG) has seen revenues rise 19 per cent to $176.5 million in the second quarter (Q2) ending 30 June, compared to the same quarter last year. ATSG says the increase included contributions from 35 Boeing 767 cargo aircraft leased to external customers at 30 June, six more than a year earlier. Eight […]
AirBridgeCargo starts African services
AirBridgeCargo Airlines (ABC) has started twice weekly Boeing 747 Freighter services to Africa, starting in the UK, then onto Germany, before flying to Gabon and South Africa, returning via Kenya. The first service flew on 14 February and will operate on Thursdays and Sundays under an aircraft, crew, maintenance and insurance (ACMI) contract with CargoLogicAir […]