Avia Solutions Group

Vilnius, Lithuania Founded: 1938 • Age: 88 yrs
Aircraft leasing, maintenance, and aviation support services are provided.
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About Avia Solutions Group

Avia Solutions Group is a company based in Vilnius (Lithuania) founded in 1938.. Avia Solutions Group has completed 8 acquisitions, including AirExplore, Aviator and Biggin Hill Heritage Hangar. Avia Solutions Group offers products and services including ACMI Leasing and Maintenance, Repair, and Overhaul (MRO).

  • Headquarter Vilnius, Lithuania
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
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  • Legal Name Avia Solutions Group
Operational Areas
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $353 M (USD), Post-IPO

    Sep 13, 2021

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
    AirExplore

    & 7 more

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Products & Services of Avia Solutions Group

Avia Solutions Group offers a comprehensive portfolio of products and services, including ACMI Leasing and Maintenance, Repair, and Overhaul (MRO). The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

ACMI leasing services are provided for airlines and operators to ensure comprehensive aircraft, crew, maintenance, and insurance support.

Maintenance, repair, and overhaul services are offered through a network of approved providers to maintain aircraft safety and efficiency.

People of Avia Solutions Group
Headcount 1000-5000
Employee Profiles 21
Board Members and Advisors 3
Employee Profiles
People
Jonas Janukenas
CEO
People
Ian Duggan
Senior Finance Manager
People
Karolina Prokopovič
Senior Marketing Project Manager
People
Romas Butkevicius
Chief Digital Technologies Officer

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Board Members and Advisors
people
Zilvinas Lapinskas
Director
people
Gediminas Ziemelis
Founder and Chairman
people
Thomas Klein
Director

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Funding Insights of Avia Solutions Group

  • Total Funding
  • Total Rounds 1
  • Last Round Post-IPO — $353.0M
  • First Round

    (13 Sep 2021)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2021 Amount Post-IPO - Avia Solutions Group Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Avia Solutions Group

Avia Solutions Group has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Certares. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Certares is engaged in investment management for long-term value.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Avia Solutions Group

Avia Solutions Group has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include AirExplore, Aviator and Biggin Hill Heritage Hangar. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Aviation tours and maintenance services are provided in heritage context.
2011
Offers aircraft, crew, maintenance, and insurance services for global airline operations.
2010
Aircraft ground handling and support services are provided at airports.
2010
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Avia Solutions Group

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Avia Solutions Group Comparisons

Employees
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Competitors of Avia Solutions Group

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Avia Solutions Group

Enhanced offering for crisis response: ITJ
Transport Journal2 years ago

Frequently Asked Questions about Avia Solutions Group

When was Avia Solutions Group founded?

Avia Solutions Group was founded in 1938 and raised its 1st funding round 83 years after it was founded.

Where is Avia Solutions Group located?

Avia Solutions Group is headquartered in Vilnius, Lithuania.

Who is the current CEO of Avia Solutions Group?

Jonas Janukenas is the current CEO of Avia Solutions Group.

What does Avia Solutions Group do?

Avia Solutions Group was founded in 1938 and is headquartered in Vilnius, Lithuania, within the aviation sector. Aircraft leasing and trading are managed, alongside maintenance, repair, and overhaul services. Consulting, training, personnel resourcing, ground handling, and fueling support operations in business, corporate, cargo, and charter aviation. Online platforms, e-learning, real estate management, railway freight transport, and time-critical logistics are also handled across various aviation-related activities.

What products or services does Avia Solutions Group offer?

Avia Solutions Group offers ACMI Leasing and Maintenance, Repair, and Overhaul (MRO).

How many acquisitions has Avia Solutions Group made?

Avia Solutions Group has made 8 acquisitions, including AirExplore, Aviator, and Biggin Hill Heritage Hangar.

Who are Avia Solutions Group's investors?

Avia Solutions Group has 1 investor. Key investors include Certares.

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