(BRIEF) Avia Solutions Group, one of the world’s leading providers of aviation facilities, announces a strategic partnership with Impact Investments LLC, led by former U. S. Secretary of State and São Paulo. U. S. Mike Pompeo. Impact Investments will provide strategic and financial progress recommendations to Avia Solutions Group. ambitious global expansion plans. This collaboration further strengthens the Group’s ties with the U. S. market, following significant investments through Certares Management and Knighthead Capital Management in 2021. With a diverse portfolio of aviation facilities spanning ACMI provision, MRO facilities, and pilot training, Avia Solutions Group aims to leverage this partnership to access new markets and identify key industry partnerships for sustained growth.
(PRESS RELEASE) DUBLIN, March 20, 2024 – /EuropaWire/ – Avia Solutions Group has announced a partnership with Impact Investments LLC and its Executive Chairman, former U. S. Secretary of State Mike Pompeo. The company will provide advice on strategic and monetary progression. supporting Avia Solutions Group’s long-term expansion plans.
Impact Investments is a global strategic and monetary investment and advisory firm, with offices and partners in New York, Washington, London and Dubai, advising leading corporations in a variety of industries and geographies to drive their growth.
“Avia Solutions Group executes an exceptionally cutting-edge style of business in the aviation sector, with an expanding global footprint. We see wonderful prospects in the organization and look forward to actively contributing to its long-term growth,” said Mike Pompeo, executive chairman of Impact. Investments.
“This partnership will provide us with invaluable experience in accessing new markets, as well as the creation of key industry partnerships that will especially contribute to our ambitious global expansion plans,” said Gediminas Ziemelis, President of Avia Solutions Group.
The new partnership consolidates the group’s connection to the U. S. market. In 2021, Certares Management, a US-based investment control company specialising in the tourism sector, in collaboration with Knighthead Capital Management, an investment advisory firm, invested €300 million in the group.
Avia Solutions Group, founded in Ireland, is one of the world’s leading aviation providers to the world’s largest passenger and transport airlines. The organization has offices in Ireland, the United States, the United Arab Emirates, Lithuania, Australia, Asia-Pacific and South Africa.
The organization is the world’s largest ACMI (Aircraft, Crew, Maintenance and Insurance) provider with a fleet of 212 aircraft and a parent company of SmartLynx Airlines, Avion Express, AirExplore, KlasJet, Magma Aviation and more, operating internationally. includes a global MRO service provider, FL Technics, with one hundred international line maintenance stations and maintenance hangars in Lithuania, Indonesia and the UK. In addition, Avia Solutions Group also operates one of the largest independent pilot training organizations, BAA Training, with schools in Spain, France, Lithuania and Vietnam. The organization has 11,700 highly qualified aviation professionals.
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SOURCE: Avia Solutions Group
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