Reading Time: 3 minutes Mr. Vytautas Ledakas is the newly appointed CEO of BAA Training China – a modern aviation training centre planned to be equipped with six full-flight simulators (FFS) and part of a Joint Venture (JV) established in 2019 by Avia Solutions Group PLC (ASG), a global multi-service aviation holding and Henan Civil Aviation Development and Investment […]

Reading Time: 3 minutes “Flygskam” – still quite a new Swedish term that already made waves in the media. It literally means “flight shame” and was popularized by a teen climate activist Greta Thunberg from Sweden. The movement shames people into choosing other means of transportation instead of flying. While the aviation impact on climate is undeniable, like any […]

Reading Time: 2 minutes 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 […]

Reading Time: 2 minutes 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 […]

Reading Time: 2 minutes It is a well known fact that aviation business is an expensive pleasure. In order not to lose their space in the market by constantly increasing ticket prices, airlines take a different route and shift their focus on reducing operational costs to increase their profit. Probably the best known example of incredible savings achieved by […]

Reading Time: 2 minutes 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 […]

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 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. The expenses […]

Reading Time: 2 minutes In a money heavy industry like aviation, financing is the difference in success and failure. At the moment, only players who have a proven track record are able to keep a strong foothold in the industry, but the tides could soon be changing as countries like Japan set up tax regulations that encourage Japanese investors […]

Reading Time: 3 minutes Over €5bn in compensations are not disclosed on major European airlines’ financial reports over the last three years. With up to 90% of passengers being aware of their rights on claim compensations for disrupted flights and compensation obligations remaining valid for up to 10 years (depending on the country), it is of utmost importance that […]