Saturday, July 20, 2024

Digital transformation in aviation: What will change in 2024?

In today’s fast-paced world, digital technology has permeated every corner of our lives, and the aviation industry is no exception. From passenger bookings to flight operations, the aviation sector has undergone a remarkable transformation thanks to digital advancements. In this article, Jainita Hogervorst, Director of Aerviva Aviation Consultancy, a company based in Dubai specializing in […]

Avia Solutions Group reports adjusted Q3 EBITDA of €316 million

Avia Solutions Group, the world’s largest ACMI (Aircraft, Crew, Maintenance, and Insurance) provider, has announced 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. Furthermore, the group’s revenue increased by 22% […]

Alastair Willson joins Avia Solutions Group to lead business in the UK

Avia Solutions Group, one of the world’s largest ACMI providers, has announced the addition of Alastair Willson to its team. Mr. Willson 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 […]

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 […]

Factory freighters vs P2Fs

The pandemic years brought record revenues from air cargo. With supply limited due to the grounding of passenger planes, and demand up thanks to booming ecommerce, prices per cargo kilogram soared. According to TAC Yields figures from the Trade and Transport Group, in 2019 air cargo from Hong Kong to North America cost $3.80/kg while […]

Avia Solutions Group acquires leading ACMI and charter airline AirExplore

Avia Solutions Group, the world’s largest ACMI (aircraft, crew, maintenance, and insurance) provider, has acquired the Slovak ACMI and charter airline AirExplore. The acquisition of the airline, which is based and headquartered in Bratislava, comes as the next step in Avia Solutions Group’s business development plans worldwide. With 13 years in the industry, AirExplore is […]

Grim reality airlines are facing over pilot shortage

The chairman of the board of Avia Solutions Group Gediminas Ziemelis has predicted a shortage of 300,000 pilots within a decade, which he describes as a “grim reality airlines are facing”. Pilots work through a seniority-based system. This implies that these aviation professionals progress through ranks and open positions as they advance in their careers. […]

Avia Solutions Group provides financial support for Turkish humanitarian organisations

In the light of the recent tragic events in Türkiye, Avia Solutions Group, the leading aviation business group, has donated €100,000 to Turkish humanitarian aid organisations. The financial support will reach the Türkiye’s Disaster and Management Authority (AFAD) and Türk Kizilay, the largest humanitarian organization in Türkiye, a part of the International Red Cross and […]

Avia Solutions Group announces appointment of new Board member Pascal Picano

Avia Solutions Group, the leading aviation business group, announces the appointment of Pascal Picano as the new member to the Board of Directors. He will be joining the board as of the 1st February in place of Vygaudas Ušackas, who will remain in the group and will be responsible for business development projects in new markets. […]

Avia Solutions Group introduces Aviation Safety Committee

Safety has always been a top concern for such high-risk industries like aviation, and companies working within the industry strive to aid in improving this aspect of aviation. Avia Solutions Group, leaders in end-to-end capacity solutions for passenger and cargo airlines worldwide, has established a group-level Aviation Safety Committee, chaired by member of the board […]

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 […]

Growth in AI application by 2030 might affect aviation sustainability

The emergence of new aviation technologies are redefining the aviation discourse, given their profound impacts on air transport systems. However, the World Economic Forum (WEF) has noted that most of these innovations may fail to produce the expected value and transformations in the air mobility landscape due to insufficient regulatory frameworks to guide their deployment. […]

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 […]

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 […]

Avia Solutions completes Chapman Freeborn acquisition

Avia Solutions Group has completed the acquisition of 100% of the shareholding charter company Chapman Freeborn Group. The Chapman Freeborn acquisition bolsters Avia’s business portfolio, with expertise including delivery of time-critical shipments, heavy and outsized equipment, humanitarian goods and other types of freight. As part of the Avia Solutions Group, Chapman Freeborn will maintain its […]

Avia Solutions to take over Chapman Freeborn

Avia Solutions Group has agreed to acquire 100% of the shareholding in Chapman Freeborn Group, in a deal signed in London on 14 June. The addition of Chapman Freeborn’s business will bolster Avia Solutions Group’s portfolio, a global holding company with 42 subsidiaries engaged in aircraft maintenance, pilot training, ground handling and fuelling, aviation IT […]