Avia Solutions Group, a global multipurpose aviation holding company with 76 subsidiaries across 32 countries worldwide engaged in aircraft maintenance, ACMI, aircraft leasing, pilot training, ground handling and fuelling, logistics, aviation IT solutions and business aviation, 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.
The addition of Chapman Freeborn, a worldwide market leader for aircraft charter solutions, bolsters the current business lines portfolio of Avia Solutions Group. Chapman Freeborn’s areas of expertise, which include arranging the delivery of time-critical shipments, heavy and outsize equipment, humanitarian goods, and other types of freight, widen the Avia Solutions Group’s service scope and allow the group to enter new markets and reach new clients.
As part of the Avia Solutions Group, Chapman Freeborn will maintain its existing product portfolio and continue to operate under the group’s existing brands – including subsidiaries Chapman Freeborn Airchartering, Chapman Freeborn OBC, Intradco Cargo Services, Logik Logistics, Magma Aviation, and Wings 24. The acquisition has expanded Avia Solutions Group ownership to 110 companies in 32 countries worldwide, with approximately 5,000 professionals in total.
Avia Solutions Group started its business in Lithuania back in 2010, currently the Group has representative offices in the USA, the UK, Poland, Serbia, Estonia, Russia, Thailand, and Indonesia. With over 1,600 customers across the Americas, Europe, Asia, the Middle East, and Africa, it is among the market’s leading providers of aircraft maintenance, aviation staff training and recruitment, ground handling and fuelling, aviation IT solutions, charter flights, and tourism. The Group’s annual turnover in 2018 exceeded EUR 420 million.