Market Intelligence: South East Asia

Chairman of Avia Solutions Group Shares Thoughts on Key 2024 Trends in ACMI Leasing

Avia Solutions Group, the aviation conglomerate which owns global pilot training group BAA Training and which has seen impressive growth as shared by its CEO Jonas Janukenas, has shared through its Chairman Gediminas Ziemelis three trends in ACMI leasing for 2024:

  • “Wet Leasing for Financial Agility: With interest rates on the rise, airlines face financing challenges. ACMI leasing provides a flexible, financially viable solution for meeting growing demand without incurring high debt risks.
  • ACMI Solving Labor Shortages: High attrition rates and pilot shortages have plagued the industry. ACMI leasing enables access to a wider talent pool, addressing the rising costs and staffing challenges.
  • ACMI to Fight Seasonality: ACMI excels in managing seasonal demand and supply-side shocks. Governments and regions are turning to ACMI providers to capitalize on “revenge tourism,” ensuring immediate access to new routes.

Key Takeaway: ACMI can enable airlines to seize the opportunity

The key message of all the things I have mentioned is that ACMI is ready, in both the short-term and long-term, to enable airlines not only to survive but also to thrive in complicated circumstances. The industry is ready to provide the crew and aircraft that are in short supply at present, and to provide airlines with a financially sustainable way to make the most of the upsurge in demand.

My opinion has always been that a balanced mix where 6-15% of a fleet’s aircraft is leased from an ACMI provider is optimal. This provides the flexibility airlines need without tying them down to unmanageable long-term financial commitments, which, as I mentioned above, are especially problematic at present.

Our fleet of 197 planes available for ACMI operations is set up so that 60% are available for long-term leasing, with 40% set aside for short term use. In other words, we are set up and ready to play our part in enabling airlines to survive the current challenges, seize the opportunities that higher demand offers, and be ideally positioned to thrive in the long-term.”

Check out the full article here.

Source: Avia Solutions Group

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Flight School Management Software, Flight Schedule Pro, Announces New Vice President of Sales

North America, United States headquartered Flight Schedule Pro, a flight school management software solution provider, has shared that Travis Drobbin has joined its team as new Vice President of Sales.

“I am beyond excited to join the team at Flight Schedule Pro,” says Travis Drobbin. “It’s a time of groundbreaking changes in the aviation industry, driven by a unique blend of challenges and opportunities. Our team, armed with a deep understanding of both the aviation realm and cutting-edge technology, is revolutionizing the way our clients operate. Stepping into this role, I am eager to contribute to deepening our engagements with aviators across the globe. It’s not just about enhancing pilot training; it’s about reshaping their entire aviation journey. At Flight Schedule Pro, we’re not just part of the industry’s evolution – we’re actively driving it, empowering pilots and schools with tools that redefine the future of aviation.” shared Mr Drobbin.

Source: Flight Schedule Pro

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Flight School Management Software, Private-Radar, Shares 2023 Achievements

Private-Radar, a cloud-based software designed to streamline the daily operations of pilot training organisations shared the following remarkable achievements of 2023:

“In 2023, we doubled down on our commitment to excellence, further consolidating our position as a leading provider of flight school management solutions. We are proud to say that over 50,000 users currently benefit from Private-Radar in 30 countries over the five continents, including industry leaders Lufthansa Aviation Training and CAE.

In May, we had the opportunity to visit our partners at Lufthansa Aviation Training in Rostock, Germany. During our stay at the European Flight Academy, we had the privilege of spending two days with the team, exploring their cutting-edge facilities, and even participating in an instructional flight. We were also able to film this remarkable experience and showcase our solutions in real-world conditions.

2023 has also been an extremely busy year for our partners, with over 400,000 hours of flight recorded by our Aircraft Tracking System, which is now equipped in over 700 aircraft around the world.

In regard to the Flight School Management System, we have published over 40 improvements and new features this year alone. On top of this, we’ve continued to overhaul the whole solution to allow for a faster and more user-friendly interface, with our dedicated team continuing to work under the hood to make the application quicker, more reliable and more secure.”

To learn more about Private Radar and its offering check out the Private Radar AFM Supplier Directory Profile.

Source: Private-Radar
Photo Credit: Private-Radar

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