AviaAM Leasing Had a One More Successful Year in 2018

Vainius Eiva
Communications Project manager
Avia Solutions Group

„This was a successful year for our company. We focused on our strategic path in both the development and management of complex aircraft projects from acquisition to tailored reconfiguration and leasing solutions. Our joint venture in China expanded its fleet and attracted world-leading strategic partners. This business prevalence allows us to operate even faster in the current dynamic market, therefore we anticipate even better results in 2019,“ says Tadas Goberis, Chairman & CEO at AviaAM Leasing.

Last year the company together with its joint venture, AviaAM Financial Leasing China acquired and leased 14 brand new and mid-life aircraft and completed 6 aircraft sale transactions with leases attached. The company cooperated with such airlines as Air Transat, Thomas Cook, Avion Express, Aeroflot, OK Airways and others.

Also, AviaAM Financial Leasing China, a joint venture of AviaAM Leasing and Henan Civil Aviation Development and Investment Company, attracted a new strategic partner – the world‘s largest insurance and finance group Ping An Insurance (Group) Company of China. The current value of the joint venture’s aircraft fleet reached almost 1 billion USD.