Avia Solutions Group reports €1.2bn in revenue for first half of 2024

Dublin-based ACMI provider Avia Solutions Group reported first half 2024 revenues of €1.2bn, up 29% over the first half of last year. During the period, European customers accounted for 55.1% of revenues, while Asia and Americas accounted for 27.9% and 11.8%, respectively. Africa represented 2.7% of revenues, while Pacific Islands were 1.2%. In addition, it recorded a 34% growth in its first half EBITDA to €179 million. The company’s net loss had improved from €2.9 million last year to €1 million in the first half of this year. The improvements were driven by the company’s implementation of its ongoing strategy