{"id":4703,"date":"2023-04-04T11:36:41","date_gmt":"2023-04-04T11:36:41","guid":{"rendered":"https:\/\/aviation-news.info\/?p=4703"},"modified":"2023-04-04T11:36:41","modified_gmt":"2023-04-04T11:36:41","slug":"the-biggest-airline-group-you-may-not-have-heard-of","status":"publish","type":"post","link":"https:\/\/aviation-news.info\/?p=4703","title":{"rendered":"The Biggest Airline Group You May Not Have Heard Of"},"content":{"rendered":"

While some airline groups, like\u00a0IAG, AirAsia, Qantas and Singapore Airlines, roll off the tongue, others have a much lower profile. Avia Solutions group is one of those quiet achievers who go about their business while making money, mainly from aircraft charters.<\/p>\n

Adding capacity with ACMI charters<\/h2>\n

Avia Solutions Group (Avia) is the leading global\u00a0ACMI (aircraft, crew, maintenance and insurance)\u00a0provider with a fleet of 173 aircraft. In addition to its charter operations, Avia has businesses involved in maintenance repair and overhaul, pilot and crew training, ground handling and other aviation solutions.<\/p>\n

\n
\n
\"1024px-Avion_Express_Airbus_A320_LY-VEY_(6705403435)_(2)\"<\/picture><\/figure>\n<\/div>\n
Photo:\u00a0BriYYZ via Wikimedia Commons<\/a><\/div>\n<\/div>\n

Perhaps more recognizably, it is the parent company of airlines, including\u00a0SmartLynx Airlines<\/a>, Avion Express, BBN Airlines, KlasJet and Magma Aviation. All companies provide a full range of charter services, including long-term, ad-hoc wet and damp leasing and\u00a0air charter<\/a>\u00a0operations. The Avia Solutions Group carries around six million passengers annually and operates in Europe, Asia, Africa and the Americas.<\/p>\n

Yesterday, Avia Solutions Group announced its 2022 financial results. The group recorded revenue of \u20ac1.9 billion ($2.07 billion), EBITDA of \u20ac288 million ($314 million) and made an adjusted profit of \u20ac85 million ($93 million). Avia CEO Jonas Janukenas said last year’s results were predominantly determined by its decision to add more aircraft to the fleet.<\/p>\n

“We were one of the first in the market to begin actively expanding our passenger aircraft fleet. We can see that this strategy paid off and allowed us to strengthen our leading positions in the market. Throughout the year we added 78 aircraft to the group’s fleet.”<\/p><\/blockquote>\n

At the end of 2022, the group’s fleet had grown to 173 aircraft, including 136 passenger and 37 cargo aircraft. The fleet is comprised of Airbus A320-family,\u00a0A330<\/a>\u00a0and Boeing 737 airliners. Around a third of the fleet is operated by two airlines, Avion Express Malta and SmartLynx Malta.<\/p>\n

According to Planespotters.net, SmartLynx Malta has 26 aircraft, including seven\u00a0Airbus A320-200s<\/a>, eight A321-200s, and six A330-300s. The data also shows it has a modern fleet of five\u00a0Boeing 737 MAX 8s<\/a>. Avion Express Malta has an all-Airbus fleet of 30 A320-200s and three\u00a0A321-200s<\/a>.<\/p>\n

\n
\n
\"SmartLynx_Airlines<\/picture><\/figure>\n<\/div>\n
Photo:\u00a0Anna Zvereva via Wikimedia Commons<\/a><\/div>\n<\/div>\n
\n
\n

Read the latest\u00a0Airbus news<\/a>\u00a0here.<\/p>\n<\/div>\n<\/section>\n

<\/div>\n

At home in Europe<\/h2>\n

Now based in Dublin, Ireland, Avia has its roots firmly planted in Europe, from which it earns more than 80% of its annual revenue. Another 10% comes from operations in Asia and 5% from North America, although Avia sees excellent potential in the US, where it has four offices.<\/p>\n

The war in Ukraine has cut into revenues and profits following the decision to withdraw from the Russian market, a decision taken on the second day of the war. Janukenas said that the complete withdrawal from the Russian market cost the group \u20ac14 million ($15 million) in direct losses, while it lost another \u20ac55 million ($60 million) by significantly downsizing its activities in China. He added:<\/p>\n

 <\/p>\n

“Even before the beginning of the war, both Russian and Chinese markets were insignificant in terms of activity; revenue in Russia was no more than 3%, in China 0.5%, so there were no plans for further activity. For several years now, our focus has remained on Western Europe, the USA, and North and South American markets, where we see the greatest potential for the group’s development.”<\/em><\/p><\/blockquote>\n

Have you ever flown on one of the group’s airlines? Let us know in the comments.<\/strong><\/p>\n

Source:\u00a0Planespotters.net<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

While some airline groups, like\u00a0IAG, AirAsia, Qantas and Singapore Airlines, roll off the tongue, others have a much lower profile. Avia Solutions group is one of those quiet achievers who go about their business while making money, mainly from aircraft charters. Adding capacity with ACMI charters Avia Solutions Group (Avia) is the leading global\u00a0ACMI (aircraft, …<\/p>\n","protected":false},"author":1,"featured_media":4704,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpscppro_dont_share_socialmedia":false,"_wpscppro_custom_social_share_image":0,"_facebook_share_type":"","_twitter_share_type":"","_linkedin_share_type":"","_pinterest_share_type":"","_linkedin_share_type_page":"","_instagram_share_type":"","_medium_share_type":"","_threads_share_type":"","_google_business_share_type":"","_selected_social_profile":[],"_wpsp_enable_custom_social_template":false,"_wpsp_social_scheduling":{"enabled":false,"datetime":null,"platforms":[],"status":"template_only","dateOption":"today","timeOption":"now","customDays":"","customHours":"","customDate":"","customTime":"","schedulingType":"absolute"},"_wpsp_active_default_template":true},"categories":[98,102],"tags":[],"class_list":["post-4703","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-companies","category-featured-en"],"yoast_head":"\nThe Biggest Airline Group You May Not Have Heard Of - aviation news<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/aviation-news.info\/?p=4703\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Biggest Airline Group You May Not Have Heard Of\" \/>\n<meta property=\"og:description\" content=\"While some airline groups, like\u00a0IAG, AirAsia, Qantas and Singapore Airlines, roll off the tongue, others have a much lower profile. Avia Solutions group is one of those quiet achievers who go about their business while making money, mainly from aircraft charters. Adding capacity with ACMI charters Avia Solutions Group (Avia) is the leading global\u00a0ACMI (aircraft, …\" \/>\n<meta property=\"og:url\" content=\"https:\/\/aviation-news.info\/?p=4703\" \/>\n<meta property=\"og:site_name\" content=\"aviation news\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=100088552298353\" \/>\n<meta property=\"article:published_time\" content=\"2023-04-04T11:36:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/aviationnews-international.com\/wp-content\/uploads\/2023\/04\/Screenshot-2023-04-04-143845.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1425\" \/>\n\t<meta property=\"og:image:height\" content=\"645\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"adminnews\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@aviationne428\" \/>\n<meta name=\"twitter:site\" content=\"@aviationne428\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"adminnews\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/aviation-news.info\\\/?p=4703#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/aviation-news.info\\\/?p=4703\"},\"author\":{\"name\":\"adminnews\",\"@id\":\"https:\\\/\\\/aviation-news.info\\\/#\\\/schema\\\/person\\\/02e91cef3ca1560c153b683711401bd3\"},\"headline\":\"The Biggest Airline Group You May Not Have Heard Of\",\"datePublished\":\"2023-04-04T11:36:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/aviation-news.info\\\/?p=4703\"},\"wordCount\":572,\"publisher\":{\"@id\":\"https:\\\/\\\/aviation-news.info\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/aviation-news.info\\\/?p=4703#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/aviation-news.info\\\/wp-content\\\/uploads\\\/2023\\\/04\\\/Screenshot-2023-04-04-143845.png\",\"articleSection\":[\"Companies\",\"Featured\"],\"inLanguage\":\"en-GB\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/aviation-news.info\\\/?p=4703\",\"url\":\"https:\\\/\\\/aviation-news.info\\\/?p=4703\",\"name\":\"The Biggest Airline Group You May Not Have Heard Of - aviation news\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/aviation-news.info\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/aviation-news.info\\\/?p=4703#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/aviation-news.info\\\/?p=4703#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/aviation-news.info\\\/wp-content\\\/uploads\\\/2023\\\/04\\\/Screenshot-2023-04-04-143845.png\",\"datePublished\":\"2023-04-04T11:36:41+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/aviation-news.info\\\/?p=4703#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/aviation-news.info\\\/?p=4703\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\\\/\\\/aviation-news.info\\\/?p=4703#primaryimage\",\"url\":\"https:\\\/\\\/aviation-news.info\\\/wp-content\\\/uploads\\\/2023\\\/04\\\/Screenshot-2023-04-04-143845.png\",\"contentUrl\":\"https:\\\/\\\/aviation-news.info\\\/wp-content\\\/uploads\\\/2023\\\/04\\\/Screenshot-2023-04-04-143845.png\",\"width\":1425,\"height\":645},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/aviation-news.info\\\/?p=4703#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/aviation-news.info\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The Biggest Airline Group You May Not Have Heard Of\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/aviation-news.info\\\/#website\",\"url\":\"https:\\\/\\\/aviation-news.info\\\/\",\"name\":\"aviation news\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\\\/\\\/aviation-news.info\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/aviation-news.info\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/aviation-news.info\\\/#organization\",\"name\":\"aviation news\",\"url\":\"https:\\\/\\\/aviation-news.info\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\\\/\\\/aviation-news.info\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/aviation-news.info\\\/wp-content\\\/uploads\\\/2025\\\/01\\\/aviation-news-logo.png\",\"contentUrl\":\"https:\\\/\\\/aviation-news.info\\\/wp-content\\\/uploads\\\/2025\\\/01\\\/aviation-news-logo.png\",\"width\":500,\"height\":154,\"caption\":\"aviation news\"},\"image\":{\"@id\":\"https:\\\/\\\/aviation-news.info\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/profile.php?id=100088552298353\",\"https:\\\/\\\/x.com\\\/aviationne428\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/aviation-news.info\\\/#\\\/schema\\\/person\\\/02e91cef3ca1560c153b683711401bd3\",\"name\":\"adminnews\",\"sameAs\":[\"https:\\\/\\\/aviationnews-inetrnational.com\"],\"url\":\"https:\\\/\\\/aviation-news.info\\\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"The Biggest Airline Group You May Not Have Heard Of - aviation news","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/aviation-news.info\/?p=4703","og_locale":"en_GB","og_type":"article","og_title":"The Biggest Airline Group You May Not Have Heard Of","og_description":"While some airline groups, like\u00a0IAG, AirAsia, Qantas and Singapore Airlines, roll off the tongue, others have a much lower profile. Avia Solutions group is one of those quiet achievers who go about their business while making money, mainly from aircraft charters. Adding capacity with ACMI charters Avia Solutions Group (Avia) is the leading global\u00a0ACMI (aircraft, …","og_url":"https:\/\/aviation-news.info\/?p=4703","og_site_name":"aviation news","article_publisher":"https:\/\/www.facebook.com\/profile.php?id=100088552298353","article_published_time":"2023-04-04T11:36:41+00:00","og_image":[{"width":1425,"height":645,"url":"https:\/\/aviationnews-international.com\/wp-content\/uploads\/2023\/04\/Screenshot-2023-04-04-143845.png","type":"image\/png"}],"author":"adminnews","twitter_card":"summary_large_image","twitter_creator":"@aviationne428","twitter_site":"@aviationne428","twitter_misc":{"Written by":"adminnews","Estimated reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/aviation-news.info\/?p=4703#article","isPartOf":{"@id":"https:\/\/aviation-news.info\/?p=4703"},"author":{"name":"adminnews","@id":"https:\/\/aviation-news.info\/#\/schema\/person\/02e91cef3ca1560c153b683711401bd3"},"headline":"The Biggest Airline Group You May Not Have Heard Of","datePublished":"2023-04-04T11:36:41+00:00","mainEntityOfPage":{"@id":"https:\/\/aviation-news.info\/?p=4703"},"wordCount":572,"publisher":{"@id":"https:\/\/aviation-news.info\/#organization"},"image":{"@id":"https:\/\/aviation-news.info\/?p=4703#primaryimage"},"thumbnailUrl":"https:\/\/aviation-news.info\/wp-content\/uploads\/2023\/04\/Screenshot-2023-04-04-143845.png","articleSection":["Companies","Featured"],"inLanguage":"en-GB"},{"@type":"WebPage","@id":"https:\/\/aviation-news.info\/?p=4703","url":"https:\/\/aviation-news.info\/?p=4703","name":"The Biggest Airline Group You May Not Have Heard Of - aviation news","isPartOf":{"@id":"https:\/\/aviation-news.info\/#website"},"primaryImageOfPage":{"@id":"https:\/\/aviation-news.info\/?p=4703#primaryimage"},"image":{"@id":"https:\/\/aviation-news.info\/?p=4703#primaryimage"},"thumbnailUrl":"https:\/\/aviation-news.info\/wp-content\/uploads\/2023\/04\/Screenshot-2023-04-04-143845.png","datePublished":"2023-04-04T11:36:41+00:00","breadcrumb":{"@id":"https:\/\/aviation-news.info\/?p=4703#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/aviation-news.info\/?p=4703"]}]},{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/aviation-news.info\/?p=4703#primaryimage","url":"https:\/\/aviation-news.info\/wp-content\/uploads\/2023\/04\/Screenshot-2023-04-04-143845.png","contentUrl":"https:\/\/aviation-news.info\/wp-content\/uploads\/2023\/04\/Screenshot-2023-04-04-143845.png","width":1425,"height":645},{"@type":"BreadcrumbList","@id":"https:\/\/aviation-news.info\/?p=4703#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/aviation-news.info\/"},{"@type":"ListItem","position":2,"name":"The Biggest Airline Group You May Not Have Heard Of"}]},{"@type":"WebSite","@id":"https:\/\/aviation-news.info\/#website","url":"https:\/\/aviation-news.info\/","name":"aviation news","description":"","publisher":{"@id":"https:\/\/aviation-news.info\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/aviation-news.info\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"},{"@type":"Organization","@id":"https:\/\/aviation-news.info\/#organization","name":"aviation news","url":"https:\/\/aviation-news.info\/","logo":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/aviation-news.info\/#\/schema\/logo\/image\/","url":"https:\/\/aviation-news.info\/wp-content\/uploads\/2025\/01\/aviation-news-logo.png","contentUrl":"https:\/\/aviation-news.info\/wp-content\/uploads\/2025\/01\/aviation-news-logo.png","width":500,"height":154,"caption":"aviation news"},"image":{"@id":"https:\/\/aviation-news.info\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/profile.php?id=100088552298353","https:\/\/x.com\/aviationne428"]},{"@type":"Person","@id":"https:\/\/aviation-news.info\/#\/schema\/person\/02e91cef3ca1560c153b683711401bd3","name":"adminnews","sameAs":["https:\/\/aviationnews-inetrnational.com"],"url":"https:\/\/aviation-news.info\/?author=1"}]}},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/aviation-news.info\/wp-content\/uploads\/2023\/04\/Screenshot-2023-04-04-143845.png","jetpack_sharing_enabled":true,"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/aviation-news.info\/index.php?rest_route=\/wp\/v2\/posts\/4703","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/aviation-news.info\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/aviation-news.info\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/aviation-news.info\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/aviation-news.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4703"}],"version-history":[{"count":0,"href":"https:\/\/aviation-news.info\/index.php?rest_route=\/wp\/v2\/posts\/4703\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/aviation-news.info\/index.php?rest_route=\/wp\/v2\/media\/4704"}],"wp:attachment":[{"href":"https:\/\/aviation-news.info\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4703"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aviation-news.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4703"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aviation-news.info\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4703"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}