GetJet Group, a Lithuania-based chartered flights provider, has secured €31m ($31m) in external financing from volofin Capital Management Ltd. to support fleet expansion and the development of its aviation asset management business.
The funding will enable the acquisition of up to five additional narrowbody aircraft, which are scheduled to join the fleet by the second quarter of 2026. The expansion is aimed at meeting rising demand for ACMI (aircraft, crew, maintenance and insurance) services.
GetJet said the financing forms part of its Growth Strategy 2026, focused on scaling both its fleet and asset management capabilities.
Chief executive Darius Viltrakis said the funding reflected confidence in the company’s performance and would help ensure capacity is available as demand increases.
The group has recently secured new ACMI contracts with airlines including Eurowings and Etihad Airways, and also operates for carriers such as Air Senegal and Wizz Air.
Part of the funding will also be directed towards the expansion of its asset management and component trading activities through its subsidiary Airhub Aviation, which manages an aviation asset portfolio valued at around €200m.
GetJet Group operates a fleet of 18 aircraft and serves more than 70 clients across over 50 countries, providing services spanning leasing, maintenance and aviation training.