The Vilnius-based “largest narrow-body ACMI operator in the world” sees up to 25% y-o-y growth.
Avion Express, a Vilnius-based lessor that calls itself the “largest narrow-body ACMI operator in the world” continues to demonstrate strong growth, according to the company’s first-half figures.
The ACMI (aircraft, crew, maintenance, insurance) operator’s fleet expansion in the first half of 2018 became a “driving force” in the increase in the company’s production results.
During H1 2018, the Avion Express fleet flew almost 22,000 block hours, which accounts for a 17% year-on-year growth.
Then, in late July, a new production record was set of over 250 block hours flown per day. That day-to-day result is more than 25% higher than the previous record set last year.
Avion Express works with clients in Europe, South America and Asia Pacific, currently operating 18 Airbus A320-family aircraft. Its production growth reflects the overall growth of the company, explains Avion Express CEO Darius Kajokas, who took over at the top earlier this year.
“We have expanded our fleet by more than 10% since last year’s summer season,” he says. “While growing our fleet and at the same time growing as a company, we are keeping our dedication to deliver quality and reliable services to our clients.”
Flights for LCCs
In recent years, Avion Express has provided ACMI services to a variety of airlines, many of them fast-growing low-cost carriers such as Norwegian, Primera Air, Vueling, WOW air and Transavia.
This summer, Avion started operations for Antalya-based Sun Express, the joint venture between Turkish Airlines and Lufthansa which flies to more than 100 destinations.
It also continues its partnership with Thomas Cook and its subsidiary Condor. As many as 12 A320-family planes leased from Avion Express are flying for these clients in the UK and Germany this summer.