Our insights, analysis, market overviews and most exctiting news from our companies, as well as the latest in global aviation.
02 July
KlasJet Expands Its Market Reach With the Addition of the New Boeing 737-500
KlasJet, a European private and business charter carrier, part of the Avia Solutions Group, released its latest fleet addition – Boeing 737-500 LY-JMS to the service. With the refined economy class interior and 120 seat aircraft, KlasJet is expanding its business to new markets.
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28 June
Aircraft ground handling training moves to virtual reality
When it comes to strictly regulated activities, such as aircraft ground handling, where speed and safety are top priorities, virtual reality (VR) stands out as a perfect technology to train operators in a nearly real-life environment. While VR is nothing new in pilot training, for ground handling it is still a novelty.
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26 June
G.Ziemelis: No More Need to Own a Private Jet
Owning a private jet has long been a symbol of wealth and success, but the market seems to be showing a rather drastic shift. According to JETNET, year over year, manufacturing companies are seeing decreases in the number of aircraft being purchased and newer models of aircraft especially are also seeing a significant drop in the number of aircraft being sold. In the first quarter of 2019, there were 620 fewer transactions, a 25% reduction, when compared to the first quarter of 2018. This decline was not expected, as the U.S. GDP increased 3.2%. 
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18 June
Avia Solutions Group to acquire Chapman Freeborn
Avia Solutions Group, a global multipurpose aviation holding, has entered into an agreement to acquire 100 per cent of the shareholding in UK-headquartered Chapman Freeborn Group - a worldwide market leader for aircraft charter solutions. The acquisition agreement was signed in London, United Kingdom on 14 June 2019.
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11 June
G.Ziemelis: Did You Know How Expensive is Flying?
Over the last decade, with the rise of low-cost airlines, flying became accessible to the masses - over 4.3 billion passengers were carried on scheduled flights in 2018 and the number is still on the rise. Passengers enjoying the historic-low ticket prices do not always perceive the heavy cost burden associated with flying.
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10 June launches new service – aircraft engine stands leasing for MROs and airlines, an aviation IT company primarily acting as an aircraft parts locator, a part of Avia Solutions Group, is continuously looking for opportunities in rapidly growing aviation market and always suggest new solutions for its clients. The company is spreading its services portfolio not just with IT solutions but also with actual physical additions that would improve the work for MROs and airlines. Now, introduces their new service – aircraft engine stands leasing.
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31 May
Helisota - the place where helicopters reborn
Did you know Lithuania’s aviation industry marks 100 years jubilee this year? Last week, ASG communication department visited Helisota in Kaunas, which based right at the heart of the cradle of Lithuania’s aviation industry, where Lithuanian engineers constructed their aircraft. Later, in the second half of the 20th century, the premises were a closed military zone where helicopters were produced on a quite large scale. 
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30 May
Green Flying: is it possible to implement?
There is no doubt that aviation industry has a great impact on environment. Various Non-governmental organizations (NGO) worldwide are searching for the best ways to solve the issue of rapidly growing carbon dioxide emissions as the number of air passengers exceed every forecast. 
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28 May
AviaAM Leasing sells Airbus 321-200 with lease attached
AviaAM Leasing, a global provider of tailored aircraft leasing and trading services, has announced the sale of one Airbus 321-200 to Aergo Capital with lease attached to SmartLynx Airlines. The aircraft was acquired earlier this year and, after comprehensive technical preparation, refurbishment and repainting, has been leased to Latvian ACMI operator.
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20 May
FL Technics finalizes year 2018 with a €10,8 million net profit
FL Technics, a global provider of integrated aircraft maintenance, repair and overhaul services, earned €119 million in revenue in 2018, which is approx. 14% more than in 2017 (€103 million) and reached net profit of €10.8 million (€5,7 million in 2017).
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