On September 17th, more than 700 aviation industry experts arrived in Vilnius, Lithuania to start the new session of talks about the present and future of the global commercial aviation market. The second AIR Convention Europe has officially started. Claiming to be ground-breaking in many ways, AIR Convention 2019 made this statement clear by introducing its first-ever 36-hour long Aviation [...]
Locatory.com, an aviation IT company primarily acting as an aircraft parts locator, a part of Avia Solutions Group, has announced about their investment in a new business. The company is spreading its services portfolio and has started the leasing of aircraft engine stands globally. It is planned that in five upcoming years Locatory.com will invest over 10 million USD. „Our [...]
FL Technics, a global provider of integrated aircraft maintenance, repair and overhaul services, a part of Avia Solutions Group, has just extended its EASA Part-145 approval with Airbus A320neo family type (LEAP-1A & PW 1100G) for Line maintenance services. The company has already added this new type to its main line station in Vilnius (VNO), Lithuania. Further expansion of the [...]
Baltic Ground Services CZ, a daughter company of Baltic Ground Services (BGS), the international provider of ground handling, aircraft fueling, passenger services belonging Avia Solutions Group, has signed 1.2 million euros worth operational financing contracts with Raiffeisen Bank group. Baltic Ground Services CZ currently operates in Ostrava airport where it provides into-plane fueling service. Until now, the company has been [...]
A good success story is a goal that every company tries to achieve. Being best at what they do is not exactly reachable for everyone. But for those who do, it takes many years of hard work and, in many cases, a lot of financial coverage. Especially for the companies working in aviation industry as it is huge, slow changing [...]
Every helicopter operator may eventually come to a point where their aircraft just can‘t get off the helipad. In such case, it is convenient to have your maintenance station near you. However, having a maintenance station in general is quite a luxury, especially to those that have only one or two helicopters operating in their fleet. Even if there are [...]
In March 2019, aviation regulators and airlines around the world grounded the Boeing 737 MAX airliner after two brand new aircraft crashed in five months, killing 346 people aboard. While the decision was reasonable, it was an expensive one. In its second quarter of 2019 results, Boeing estimated that disruptions, in relation with Boeing 737 MAX grounding will result in [...]
Just until recently wet leasing was considered a way to solve short term problems like seasonal volumes, maintenance checks, groundings, etc. Lately, though, long-term wet leasing from third parties has grown considerably in Europe. Aviation’s ACMI global market revenue is projected to reach over USD 7.07 B by 2025, the ACMI business model has become a mighty contender in the [...]
