KUALA LUMPUR, March 2 (Bernama) -- Avia Solutions Group, the leading aviation business group, has become an Irish-based company and the second largest Irish-registered aviation business behind aviation giant Ryanair following the transfer of its controlling headquarters to Dublin, Ireland.
"Moving the company's controlling headquarters to Ireland was a strategically important step for us in terms of our further development plans.
“Ireland is known as the hub of aviation. A large number of aviation companies are located here, hence, being closer to the aviation community we will be able to implement the group's development plans faster and maintain market leadership," said Avia Solutions Group Chief Executive Officer, Jonas Janukenas.
According to Janukenas in a statement, one of the reasons for choosing Ireland was the fact that the world's largest institutional investors from the United States(USA) and Europe have purchased the company's financial instruments listed on the Dublin Stock Exchange.
The group has offices spanning across the world including Ireland, Lithuania, the US, United Arab Emirates, South Africa, Australia and Asia Pacific.
Avia Solutions Group is the world's leading and largest aircraft leasing, maintenance and insurance (ACMI) services group with a fleet of more than 165 aircraft.
The group also provides various aviation services, such as aircraft maintenance, pilot and crew training, and ground handling, backed by over 11,000 highly skilled aviation professionals across different regions of the world.
-- BERNAMA
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