Avia Solutions Group:
ACMI Visionary — December 2024

Avia Solutions Group (ASG) can now claim to be Ireland’s second largest aviation business, after Ryanair, having relocated its headquarters from Vilnius in Lithuania to Dublin in 2023. ASG plans to be as disruptive in the wet-leasing sector as Ryanair has been in the European airline industry.

ASG is the world’s largest ACMI (aircraft, crew, maintenance, and insurance) lessor in the world with a fleet expected to total 240 aircraft by the end of 2025 and a total annual revenue of well over €3bn. Moving the company’s headquarters to Dublin was “strategically important”, according to CEO Jonas Janukenas positioning ASG at a major European aviation hub and at the global centre for operating leasing. Corporate taxation was not an important consideration as Lithuania has a similar regime to Ireland.