World’s Largest ACMI Provider and Aviation Conglomerate Avia Solutions Group Reports Euro 1.2 Billion in Revenue for H1 2024

Avia Solutions Group, the world’s largest ACMI provider (Aircraft, Crew, Maintenance, and Insurance) services and owner of global pilot training group BAA Training, announced that in its first half results of 2024 it reported a 34% growth in EBITDA year-on-year to €179 million.

Over the first half of 2024, European customers accounted for 55.1% of revenues, while Asia accounted for 27.9%. The Americas, Africa, Australia and Pacific Islands represented 11.8%, 2.7%, and 1.2%, of revenues respectively.

Driving this increase in revenues, and a 44% increase in net profit for the second quarter of 2024 compared to the second quarter of 2023, was the implementation of Avia Solutions Group’s ongoing strategy of investing in bolstering its capacity in a timely manner to meet the continued strong demand from airlines globally for additional aircraft during their peak seasons.

The Avia Solutions Group has ongoing plans to further expand its global presence and ability to offer capacity solutions, particularly during peak seasons, to airlines around the world. The Group is planning to obtain further air operator certificates (AOCs) in Malaysia, Thailand, Philippines and Brazil in the near future.

As part of this strategy, the Group completed the acquisition of Australian based Skytrans in the first half of 2024. The obtained AOC brings the total number of air operator certificates held by the group to 11.

Our performance over the first half of 2024 underscores our strong market position and ability to meet the rising demand for passenger aircraft. Our 44% growth in net profit for the second quarter is a testament to our team’s dedication and the trust our airline partners place in us, particularly during the peak holiday season in counter seasonal markets. We remain committed to driving further growth and delivering value to our stakeholders.” Jonas Janukenas, CEO of Avia Solutions Group, said. “As such, we will continue to expand our worldwide services operations, fleet capacity and capabilities to continue delivering exceptional services across passenger and cargo operations to customers.

Testament to investor confidence in the Group’s strategy is the increase of group equity capital by €307 million to €655 million over the first half of 2024. Part of this growth in group equity capital included US-based Certares Management LLC, a private equity investment firm which invested into Avia in 2021, electing to convert its preferred shares to ordinary shares.

To further the Group’s business development initiatives, Avia Solutions Group also successfully issued US$300 million of five-year senior unsecured bonds with coupon of 9.75% in the first half of 2024.

Avia Solutions Group offers its services to customers including some of the largest airlines in the world. The group operates in 68 countries around the world and consists of 100+ companies providing a wide range of aviation services like aircraft maintenance and repair (MRO), pilot and crew training, ground handling, and more. The group’s team encompasses 12,000 highly qualified aviation professionals.

Source: Avia Solutions Group

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Flight Training Management Software Provider FlightLogger Announces 2024 Leadership Appointments

FlightLogger, a leading provider of flight school management software solutions, has shared changes in its leadership team:

  • Founder Kenneth Jeppesen will transition from the role of CEO into the new role of President
  • Head of Sales and Marketing Mads D Larsen will transition into the role of CEO from August 2024
  • Stig Salling has joined Flightlogger as the new Head of Sales and Marketing

As I transition into my new role as President, I’ll be focusing on the vision and future development of FlightLogger, ensuring we continue to innovate and lead in aviation training management. I’m also excited to announce that Mads D. Larsen will be stepping into the role of CEO. Mads has been a key part of the FlightLogger team for the past four years, leading our commercial efforts with excellence. I have full confidence in our team, which today is bigger than ever and a perfect combination of passionate aviators, skilled developers, and business professionals. I have no doubt, that under Mads’ leadership, FlightLogger will continue to grow and revolutionize the digital platform for flight schools worldwide.” shared Flightlogger’s President, Kenneth Jeppesen.

I’m truly honoured to step into the role of CEO at FlightLogger. Huge thanks to Kenneth Jeppesen, Paul Yancich, Daniel Eisen, and the Arcadea Group team for trusting me with this amazing opportunity. I’m excited to carry forward Kenneth’s vision and, together with this amazing team, keep growing the incredible company he’s built. As Kenneth says himself, he continues to be a very active part of this company in his new role as President. FlightLogger is in a really exciting place right now. I honestly couldn’t imagine a more exciting challenge than this one, and I can’t wait to see what we achieve next. I also want to take this opportunity to welcome Stig Salling as our new Head of Sales & Marketing. Stig is yet another example of how we keep strengthening our organisation in our continued ambition to offer the best SaaS solution for managing aviation training.” shared CEO Mads D Larsen.

Source: Flightlogger

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Aircraft Manufacturer Embraer Celebrates 55 Years with 9,000 Aircraft Produced and Delivered

São José dos Campos – Embraer will celebrate its 55th anniversary on August 19, 2024 inspired by a history marked by excellence in the development of people and products, as well as significant contributions to the aeronautical industry.

With nine thousand aircraft produced and delivered to more than 100 countries and a modern portfolio of products, the company has currently registered over 800 patents. These, together with several other initiatives, drive the virtuous cycle of continuous innovation capable of transforming knowledge into industrial activity with high-added value.

The Brazilian aeronautical industry is a global reference, and we are proud to celebrate Embraer and its history of achievements. We have been producing aircraft for 55 years, developing cutting-edge technology, training highly qualified people and contributing to the development of society,” said Francisco Gomes Neto, President and CEO of Embraer. “We look to the future with confidence in the ability of our people to carry forward this legacy with efficiency, quality, innovation, social responsibility and a commitment to a more sustainable aviation.

In full integration and with intense knowledge exchange between all its business units (Commercial Aviation, Executive Aviation, Defense & Security, and Services & Support), the company has built a successful trajectory guided by the training and qualification of people, technological development, innovation, identification of market opportunities, strategic planning, determination and creativity.

In 2024, Embraer has been executing its plan to meet the aircraft production ramp-up and future growth expected with investments, which includes research and development activities for new technologies.

Today, with a backlog valued at US$21.1 billion, more than 19,000 employees and a truly global presence, Embraer is strengthening its position as a competitive company focused on building the sustainable aviation of the future.

Source: Embraer
Photo Credit: Embraer

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Global Flight Training Group Airways Aviation Opens New Academy – Airways Aviation Maroc

Global flight training group Airways Aviation, which operates pilot training academies across Europe, the Middle East, Asia, and India has officially opened its newest aviation academy in Casablanca, marking the launch of Airways Aviation Maroc. This facility is the 13th in the global network and the 6th new academy established in the last 18 months. The academy will begin offering its first Foundation courses in October, aimed at preparing aspiring aviation professionals for careers in the industry.

  • Airways Aviation’s academy in France, Airways Aviation ESMA, is one of the three academies approved by Royal Air Maroc, which is expected to announce a significant aircraft order soon.
  • The new academy in Morocco will not only train local students but also support the broader expansion of the aviation sector in the region.

Our academy in France, Airways Aviation ESMA is still one of the 3 academies approved by Royal Air Maroc. The local airline is about to announce an order of 200 aircraft to expand and will need a large number of qualified professionals. By opening in Morocco we want to support this expansion, not only by training Moroccans in France but also locally, supporting the local economy and providing more training and education capability.” shared Alexandre Alves, COO & CCO at Airways Aviation.

Source: Airways Aviation

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Aircraft Manufacturer Embraer Delivers 47 Jets in 2Q24 – an Increase of 88% from Previous Quarter

São José dos Campos, Brazil – Aircraft manufacturer Embraer reported a significant increase in aircraft deliveries for the second quarter of 2024, delivering a total of 47 jets, marking an 88% rise compared to the 25 aircraft delivered in the first quarter of the year.

  • Embraer delivered 27 executive jets, including 20 light jets and 7 medium jets.
  • The company also delivered 19 commercial jets and one multi-mission C-390 Millennium aircraft for the defense sector.
  • The increase in deliveries highlights Embraer’s strong performance and growing demand across its business segments.

2024 Guidance:

  • Embraer projects deliveries of 72 to 80 aircraft in Commercial Aviation for the full year.
  • In Executive Aviation, the company anticipates delivering between 125 and 135 jets.

About Embraer
A global aerospace company headquartered in Brazil, Embraer has businesses in Commercial and Executive aviation, Defense & Security and Agricultural Aviation. The company designs, develops, manufactures and markets aircraft and systems, providing Services & Support to customers after-sales. Since it was founded in 1969, Embraer has delivered more than 8,000 aircraft. On average, about every 10 seconds an aircraft manufactured by Embraer takes off somewhere in the world, transporting over 145 million passengers a year. Embraer is the leading manufacturer of commercial jets up to 150 seats and the main exporter of high value-added goods in Brazil. The company maintains industrial units, offices, service and parts distribution centers, among other activities, across the Americas, Africa, Asia and Europe.

Source: Embraer
Photo Credit: Embraer

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Flight Schedule Pro Unveils Next Gen Platform, A Major Step Forward in Efficient Flight School Operations

Flight Schedule Pro, the leading global flight school management software platform, announced the launch of its Next Gen suite of capabilities built to transform the way flight schools operate, offering intelligent scheduling, accelerated student graduation visibility, and billing autopilot capabilities.

The launch of Next Gen Flight Schedule Pro comes at a critical time for the aviation industry. With the global pilot shortage reaching unprecedented levels, the role of flight schools in producing qualified pilots quickly and efficiently has never been more crucial. By optimizing operations and accelerating training processes, Flight Schedule Pro’s Next Gen platform empowers flight schools to meet this growing demand, ensuring a steady pipeline of well-trained pilots to support the aviation sector’s recovery and growth.

Next Gen Flight Schedule Pro is a critical step in flight school management technology,” said Nick Wegner, CEO of Flight Schedule Pro. “Our customers serve not only their students but also global airlines who are combatting the pilot shortage. NextGen capabilities maximize aircraft utilization, streamline student progress tracking, and automate billing and operations to strengthen the relationship between flight schools, their students, and the airlines.

Key capabilities of Next Gen Flight Schedule Pro include:

  • Intelligent Scheduling – (Coming Soon!): An industry-first smart scheduling system with powerful automation to optimize aircraft and CFI utilization by factoring in dozens of variables that currently require manual effort, enabling schools to build an optimal schedule faster than ever before.
  • Accelerated Training: Provides complete visibility into student progress towards graduation at a glance, with custom hour tracking, and intelligent progress monitoring.
  • Billing Autopilot: A seamless invoicing and payment processing system that reduces manual data entry and accelerates the billing cycle by auto-generating an invoice and processing payment at flight check-in.

A major focus of Flight Schedule Pro is maximizing aircraft utilization, addressing one of the most significant operational challenges faced by flight schools. By optimizing scheduling and aircraft utilization, schools can significantly increase training capacity without the substantial expense of acquiring additional aircraft, leading to improved profitability and faster student progression.

Ed Bagden, Director of Operations at LIFT Academy, shared, “Flight Schedule Pro’s Next Gen platform has been transformative for Lift. We’ve invested heavily in leveraging the data FSP provides to optimize our operations. The insights we gain allow us to make data-driven decisions, drive efficiency, maximize aircraft utilization, and graduate industry-leading pilots to join Republic Airlines.

To ensure a smooth onboarding for new customers, Flight Schedule Pro has also launched a new white-glove, concierge implementation and support initiative. Led by Corey Knop, the newly appointed VP of Customer Experience, this program offers personalized guidance and support throughout the implementation process and beyond. “Our goal is to ensure that every flight school can fully leverage the power of our Next Gen platform to transform their operations,” said Knop. “Flight Schedule Pro is proud to have a North American team of over a dozen support and implementation staff from the aviation industry providing hands-on support and implementation every step of the way.

Flight Schedule Pro’s Next Gen features are unlocked for all Suite subscribers, with Billing Autopilot accessible to users of FSP’s Preferred Merchant Account.

Flight Schedule Pro by the numbers

  • 1,200 flight schools
  • 12,000+ aircraft
  • 3.5M annual flights
  • 21,000 flight instructors
  • 30+ countries

Source: Flight Schedule Pro
Photo Credit: Flight Schedule Pro

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Caverton Aviation Training Center Commences AW-109 Training for Nigerian Navy

Lagos, Nigeria based full flight simulator training center and pilot training organisation Caverton Aviation Training Center (CATC) has commenced the Augusta Westland (AW-109) Pilot Flight Simulator and Line Training for the Nigerian Navy. The Training is taking place in conjunction with Leonardo.

Source: Caverton Aviation Training Center

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