ACMI provider Avia Solutions Group has established its global headquarters in Dublin, Ireland.
The global aviation business group has a fleet of 173 aircraft and provides aviation services such as passenger and cargo aircraft wet leasing, MRO (maintenance, repair and overhaul), ground handling, recruitment services, and pilot and crew training. The group is also the parent company of airlines SmartLynx Airlines, Avion Express, Bluebird Nordic, Klasjet, and Magma Aviation.
"Moving the company's controlling headquarters to Ireland is a strategically important step for us in terms of our further development plans,” explains Jonas Janukenas, CEO of Avia Solutions Group. “Ireland is known as a global aviation hub. A large number of aviation companies are located here, hence, being closer to the aviation community we will be able to implement the group's development plans faster and maintain market leadership."
“The Group had previously financed expansion on the Dublin Stock Exchange with a USD$300 bonds issue in 2019, that were purchased by the world's largest institutional investors from the USA and Europe, and this was also one of the reasons for choosing Ireland,” added Janukenas.
“Ireland is at the centre of this growth, having developed a world-renowned expertise in global aviation finance, was the first European country to ratify the Cape Town Convention in 2005, has 14 of the world’s top 15 lessors based here, with approximately 50% of the world’s leased aircraft managed or leased from Ireland,” added Janukenas.
Avia Solutions Group’s headquarters, located at Central Park in Leopardstown, Dublin 18, anticipates having up to 50 specialists from various fields working at the location.