Airport, Good for Business, Lithuania, Transport
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Thursday, 25.04.2024, 21:34
Lithuania's Avia Solutions Group revenue up 21% to EUR 204.2 mln
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The group's consolidated net profits jumped 5.3 times to
4.038 mln euros, the company sai din its first half report.
Revenue from aircraft maintenance and repair activity grew
16.9% to 89.305 mln euros. Revenue from aircraft ground handling and refueling
increased 16.5% to 93.974 mln euros. Revenue from charter flights and package
tours jumped 77.7% to 16.615 mln euros, and revenue from pilot and crew
training inched up 6% to 9.228 mln euros.
In lat June, ZIA Valda
Cyprus owned 27.96% of Avia Solutions
Group, 11.66% belongs to Cyprus' Haifo,
10.71% to Vilnius investment company Indeco:
Investment and Development, 8.99% to Mesotania
Holdings and 7.78 % to Harberin Enterprises.
It was reported in early July that Avia Solutions Group will be delisted from Warsaw stock exchange.
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