newstodate.aero
Dec 20, 2021 (newstodate): All lights are now green for Lithuania's Avia Solutions Group's strategic partnership with US-based investment company Certares Management.
The partnership, announced in September 2021, has thus received all required regulatory approvals and brings in 300 million euro of structured equity investment in ASG.
-The investment and the partnership as a whole will enable our future growth plans and help further expand our operations across key business segments – positioning us to take full advantage of the next phase of our development plans, Gediminas Ziemelis, Founder and Chairman of the Board of Directors of Avia Solutions Group, says in a release.
As part of the deal, the new investor will add new members to the ASG Board to further strengthen the governance of the organization.
Today, ASG employs over 7,000 professionals serving more than 2,000 clients throughout Europe, Asia, North America, Australia, and far beyond.
The ASG Group members comprise businesses including airlines, MRO companies, aviation training schools, airport handling companies and.....what not..