Reading Time: < 1 minute KlasJet, a European private and business charter carrier, part of Avia Solutions Group, added two more exclusively designed Boeing 737-500 and 737-300 aircraft to its fleet, strengthening its positions and becoming one of the most capable private charter operators in Europe. After the introduction of the latest aircraft, KlasJet’s diversified fleet will consist of 7 […]
Reading Time: 2 minutes 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. Baltic Ground Services […]
Reading Time: 2 minutes 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. The addition of Chapman Freeborn’s worldwide businesses […]
Reading Time: 2 minutes 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). “Persistence, LEAN implementation in our maintenance process and a rapid reaction to ever changing […]
Reading Time: < 1 minute AviaAM Leasing, a global aviation holding company engaged in tailored aircraft leasing and trading services, has announced that its joint venture with the Henan Civil Aviation Development and Investment Company (HNCA) – AviaAM Financial Leasing China – has recently acquired one more Boeing 777-300ER. The aircraft equipped with GE90-115BG03 engines joined the fleet with a […]
Reading Time: 2 minutes Avia Solutions Group, the largest aviation services and solutions company group from Central & Eastern Europe, earned €420 million in consolidated revenue in 2018, a 25% increase from the year before (€337 million). Avia Solutions Group consolidated net profit increased by 96% to €14.05 million (€7.1 million in 2017). „The 2018 was another successful year […]
Reading Time: < 1 minute AviaAM Leasing, one of the most efficient aircraft leasing and trading companies around the globe, earned EUR 49.3 million revenues (including net gain on sale of aircraft) and posted a record net profit of EUR 29.1 million for the year ended 31 December 2018. The net profit grew by 9% as compared to 2017 (EUR […]
Reading Time: 3 minutes Aviation evolves and some things that were deemed as necessary are no longer needed. Regulations tend to lag behind technological developments, so it often takes time before capabilities are implemented, even when it is technically possible. Other times the paradigm is what lags and old methods stay because of public reception. The next in commercial […]
Reading Time: 4 minutes The growth of commercial air transportation has ushered in new trends in how people travel, and with it, new sub-industries have emerged. The airline transportation market is growing at an unprecedented rat. In 2016, for instance, airlines carried a 7% increase in passengers over 2015. With new passengers comes new demands. Because of this growth, […]
Reading Time: 3 minutes From video games to aviation, and even video games about aviation, virtual reality has a strong foothold in society; and thanks to rapidly developing technologies virtual reality is earning an invaluable place in the very real field of aviation. More effective training for pilots and mechanics In the purest sense, virtual reality is already implemented […]