Avia Solutions Group
Avia Solutions Group
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legal form | Corporation |
ISIN | LT0000128381 |
founding | August 31, 2010 formerly "Locatory.com" |
Seat | Vilnius , Lithuania |
management |
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Number of employees | 1800 (in the group, February 2016) of which 72 in the holding company (June 2016) |
sales | 182 million euros (2015) |
Branch | Civil aviation |
Website | Avia Solutions Group |
As of December 31, 2010 |
The Avia Solutions Group (ASG) is an amalgamation of Lithuanian companies and state institutions in the aviation sector that offer infrastructure solutions for airlines and travel services. It is the largest group of its kind in the Baltic States and one of the largest in Eastern Europe and the CIS region . ASG was listed on the Warsaw Stock Exchange in March 2011, making it the first Lithuanian company to be listed on the Warsaw Stock Exchange and the first foreign company in 2011. ASG has been listed on the Warsaw Stock Exchange since March 3, 2011.
activities
In 2010 ASG introduced the eBusiness platform “Locatory.com” for trading in aviation inventory. The platform is used to search, buy and sell aircraft spare parts and components, and to provide maintenance services for the aviation industry. The company was officially registered on August 31, 2010. In 2010 the company achieved sales of EUR 88 million ( Litas 304,263 ).
Another, partly internet-based project is “AviationCV.com”, which offers personnel solutions for aviation companies. In 2016, Moscow 's Zhukovsky Airport was expanded .
In 2016 the company plans to achieve a turnover of 350 million euros. Representatives of 40 nationalities work in the corporate group, 1,500 employees in Lithuania alone .
Shareholder
In July 2005 70% of the shares were owned by UAB "Fima", UAB " ŽIA valda " owned 15% and another 15% was owned by UAB "Garantas". In November 2006 the company (later reorganized as Indeco) controlled 30%, ŽIA valda 45% and Sanitex 25% of the shares. The initial public offering was aimed at in 2008, but the onset of the economic crisis made it necessary to postpone the plans until 2011. In the course of the preparations for the listing on the stock exchange, there was a reorganization and "BPC Travel" and "AviaAM Leasing" left the group. With its debut on the Warsaw Stock Exchange in March 2011, ASG became the first Lithuanian company to be listed on a foreign exchange. At the beginning of 2012, group shares will be distributed in the following proportions:
- ŽIA Valda Cyprus Ltd. - 32.91%
- Indeco: Investment and Development UAB - 21.94%
- Harberin Enterprises Limited - 13.19%
- ING Otwarty Fundusz Emertalny - 6.62%
- Hubert Bojdo - 1.70%
- Vytautas Kaikaris - 0.94%
- Aurimas Sanikovas - 0.75%
- Jonas Butautis - 0.19%
- Others - 3.39%
- Free Float (Offer Shares) - 18.38%
structure
Thanks to the services provided by the subsidiaries, the group is present almost everywhere in Central and Eastern Europe and the CIS, with representations in Lithuania, Poland, Italy, Russia and Malaysia. These companies have been part of the ASG since August 2011:
- Avion Express - charter company
- Baltic Aviation Academy - Flight Training Organization (FTO) and type rating training organization (TRTO);
- Baltic Ground Services - provider of ground handling services ; "Baltic Ground Services DE GmbH" is a German company with 15 employees in Darmstadt (head of the Lithuanian Evaldas Poškys)
- Bluebird Nordic - cargo airline
- Chapman Freeborn - Charter Broker
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FL Technics - Aircraft Maintenance (MRO); independent sub-departments:
- FL Technics Line - Airline Maintenance;
- FL Technics Engineering - planning and management of aircraft maintenance;
- FL Technics Jets - Line and Basic Maintenance for Business Jets ;
- FL Technics Training - training of aerospace technical personnel;
- KlasJet - charter company
- Small Planet Airlines (Lithuania) - charter company;
- Locatory.com - Supply Chain Solutions (since December 2010);
- Magma Aviation - cargo airline
- AviationCV.com - personal solutions in aviation.
Web links
Individual evidence
- ↑ Avia Solutions Group - Management Board ( Memento of the original dated February 11, 2012 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ^ "Avia Solutions Group" tapo pagrindiniu LKL rėmėju of the Avia Solutions Group, accessed in 2016
- ↑ number of employees
- ↑ "Avia Solutions Group" klimpo į nuostolius (daily newspaper Verslo žinios , accessed on June 4, 2016)
- ↑ Avia Solutions Group - About us ( Memento of the original from February 26, 2012 in the Internet Archive ) Info: The archive link was automatically inserted and not yet checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ Lithuanian Avia Solutions Group sets IPO price, WSE debut at turn of Feb / Mar ( page no longer available , search in web archives ) Info: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice.
- ↑ WSE announcement regarding the listing of Avia Solutions Group AB, accessed on March 8, 2012
- ↑ Annual Reports ( page no longer available , search in web archives ) Info: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice. by Avia Solutions Group, accessed March 8, 2012
- ↑ G. Žiemelis: reikia tik kelių pakeitimų ir gyvensime kaip šveicarai
- ↑ Avia Solutions Group - Investors - Company shareholders ( page no longer available , search in web archives ) Info: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice.
- ↑ Avia Solutions Group - corporate group ( Memento of the original from February 26, 2012 in the Internet Archive ) Info: The archive link was automatically inserted and not yet checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ Baltic Aviation Academy - About us ( Memento of the original from January 7, 2012 in the Internet Archive ) Info: The archive link has been inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ^ Baltic Ground Services - About us
- ↑ FL Technics - About us ( Memento of the original from June 5, 2012 in the Internet Archive ) Info: The archive link was automatically inserted and not yet checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ FL Technics Jets - About us ( Memento of the original from January 13, 2012 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ FL Technics Training - About us
- ↑ Small Planet Airlines - About us
- ↑ Locatory.com - About us ( Memento of the original from January 21, 2012 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ^ AviationCV.com - About us