Avia Solutions Group has announced a partnership with Impact Investments LLC. and its Executive Chairman, the former US Secretary of State, Mike Pompeo. The firm will provide strategic and financial development counsel, supporting Avia Solutions Group’s future expansion plans.
Impact Investments is a global strategic and financial advisory and investment firm, with offices and partners in New York, Washington, London, and Dubai, which advises leading companies across various industries and geographies to support and accelerate their growth.
“Avia Solutions Group is executing an exceptionally innovative business model in the aviation sector, with a rapidly expanding global footprint. We see great potential in the group and are looking forward to contributing actively to its further growth,” says Mike Pompeo, Executive Chairman at Impact Investments.
“I believe that this partnership will provide us with invaluable experience in accessing new markets as well as establishing key industry partnerships that will significantly contribute to our ambitious growth plans worldwide,” says Gediminas Ziemelis, Chairman of Avia Solutions Group.
The new partnership solidifies the group’s connection to the US market. In 2021, Certares Management, a U.S. investment management firm focusing on the travel and tourism sector, together with Knighthead Capital Management, an investment advisory firm, invested EUR 300 million in the group.
Ireland-based Avia Solutions Group is a leading global provider of aviation services to the world’s leading passenger and cargo airlines. The group has offices in Ireland, the USA, the United Arab Emirates, Lithuania, Australia, Asia Pacific, and South Africa.
The group is the world’s largest ACMI (Aircraft, Crew, Maintenance, and Insurance) provider with a fleet of 212 aircraft and a parent company to SmartLynx Airlines, Avion Express, AirExplore, KlasJet, Magma Aviation, and more, operating worldwide. The company also comprises a global provider of MRO services, FL Technics, with 100 line maintenance stations worldwide and maintenance hangars in Lithuania, Indonesia, and the United Kingdom. Furthermore, Avia Solutions Group also operates one of the largest independent pilot training organizations, BAA Training, with schools in Spain, France, Lithuania, and Vietnam. The group is supported by 11,700 highly skilled aviation professionals.