newstodate.aero
Nov 06, 2013 (newstodate): Lithuania's Avia Solutions Group has acquired a majority stake in the helicopter company Helisota UAB, based in Kaunas, Lithuania.
By stages, Avia Solutions Group will gain 96.2 percent of the company's shares.
Helisota, based at Lithuania's Kaunas Airport, offers technical maintenance, overhaul and upgrade facility for Mi-8/17 helicopters in the Baltic States., including helicopter and component maintenance, repair and overhaul services as well as spare parts supply and technical support at clients' base.
The company's customers include government institutions and private companies from 25 countries worldwide.
With the take-over, the Avia Solutions Group thus expands its capabilities to cover also rotary-wing aircraft, in addition to its existing comprehensive offerings in the fixed-wing segments.
By stages, Avia Solutions Group will gain 96.2 percent of the company's shares.
Helisota, based at Lithuania's Kaunas Airport, offers technical maintenance, overhaul and upgrade facility for Mi-8/17 helicopters in the Baltic States., including helicopter and component maintenance, repair and overhaul services as well as spare parts supply and technical support at clients' base.
The company's customers include government institutions and private companies from 25 countries worldwide.
With the take-over, the Avia Solutions Group thus expands its capabilities to cover also rotary-wing aircraft, in addition to its existing comprehensive offerings in the fixed-wing segments.