Avia Solutions Group EN

Domestic flights will be restored in Lithuania after more than a decade’s break with Avia Solutions Group’s companies launching weekend flights between Vilnius and the seaside resort of Palanga on Friday.

Avia Solutions Group (ASG) announced on Friday the launch of a new route between Vilnius and Palanga on June 26.

Avia Solutions Group, the largest aerospace business group from Central & Eastern Europe, has come to a decision to sell Baltic Ground Services Poland, a subsidiary of the group’s family member, Baltic Ground Services (BGS).

On the 24th of January 2020, Avia Solutions Group signed an agreement with BB Holding EHF for the full acquisition of Bluebird Nordic, which entails a 100% stake ownership of the company’s shareholdings.

On the 24th of January 2020, Avia Solutions Group signed an agreement with the BB Holding ehf. to acquire 100% of the shareholdings of Bluebird Nordic, the aviation company announces.

Avia Solutions Group, a global multipurpose aviation holding company owned by Lithuanian businessman Gediminas Ziemelis, is set to issue 300 million US dollars (around 271 million euros) worth of international bonds, the vz.lt business news website reports on Friday.

Avia Solutions Group, a global multipurpose aviation holding company, has completed the acquisition of 100 per cent of the shareholding in UK-headquartered Chapman Freeborn Group. All customary approvals for this transaction have been obtained, informs the company in a press release.

Vygaudas Usackas, a former long-time Lithuanian and EU diplomat, on Tuesday joined the board of directors at Avia Solutions Group (ASG), an aviation group controlled by Lithuanian businessman Gediminas Ziemelis, the Vz.lt online news site reported.

Furniture production and interior design company Fitsout, owned by Avia Solutions Group's owner Gediminas Ziemelis and two other persons, plans to build a second furniture production facility in Lithuania, the Verslo Zinios business daily writes.

The Lithuanian State Border Guard Service's move to terminate a contract with Helisota helicopter and aircraft repairs company, which is indirectly owned by businessman Gediminas Žiemelis, was legitimate, as the contract threatened Lithuania's national security, the Court of Appeals ruled.

Helisota, a Lithuanian subsidiary of aviation giant Avia Solutions Group (ASG) is to repair Airbus helicopters under a new deal with the world’s largest helicopter manufacturer.

Administration of Lithuania's northern city of Šiauliai has banned Avia Solutions Group from repairing airplanes in the near-by Zokniai airport, which accommodates NATO fighter-jets performing the Baltic air policing mission.