AviaAM Leasing
AviaAM Leasing is a WSE listed global aviation holding company engaged in commercial aircraft acquisition, leasing and sales.[1] It is the only company in the Baltic States engaged in long-term aircraft lease business. The head office of the company is situated in Vilnius, Lithuania.
Business activities
AviaAM Leasing main business activities are fleet structuring, aircraft management, leasing, sale and other related solutions. Main AviaAM Leasing customers are airlines, tour operators and aircraft investors. AviaAM Leasing is involved in lease, sales and management of aircraft operated by Europe and CIS companies.
Aircraft fleet
AviaAM Leasing has a portfolio of in excess of 20 owned and managed aircraft consisting of Boeing 737-300, Boeing 737-500, Boeing 757-200 and Bombardier CRJ200.
Services
Operating and Finance Lease
As a core service area of AviaAM Leasing, the company maintains a portfolio of mid-life mainline narrow-body and regional jets for airlines interested in operating lease. It also provides products for lessees, looking to acquire an aircraft.
Aircraft Acquisition and Sales
AviaAM Leasing is engaged in the purchase of mainline narrow-body and regional jets directly from the manufacturer, from aircraft owners and investors as well as through sales and lease back transactions with airlines. It also offers new aircraft, aircraft with existing leases and aircraft nearing their end-of-life phase to acquire.
Consulting
Advisory on aircraft fleet selection and organization, asset financial planning, market research and assessment as well as structuring risk and aircraft insurance programmes.
Asset Management
AviaAM leasing offers asset administration, quality control and assurance, transaction management and remarketing services, including general analysis of market conditions, determination of pricing strategies and advertisement. The company’s technical services include monitoring the technical condition of an aircraft on lease and reviewing its schedule of inspections to take into account changed in the financial or technical performance of the lessee.
Engine Leasing
Spare Rolls-Royce, CFMI and Pratt & Whitney engines for sale, lease, short term rentals and exchange.
Shareholders
As of 2013, AviaAM Leasing shares are distributed in the following proportions:
- ZIA Valda Cyprus Leasing Ltd. - 39.44%
- Mesotania Holdings Ltd. - 25%
- ING Otwarty Fundusz Emerytalny - 11.55%
- Linas Dovydenas - 1.02%
- Aurimas Sanikovas - 0.68%
- Gediminas Žiemelis - 0.38%
- Tadas Goberis - 0.34%
- Other shareholders - 21.43%
Background
In February 2007, Avia Asset Management AB was founded by Lithuanian capital aviation group Avia Solutions Group. In spring of 2010 Avia Asset Management AB together with related companies where united under one name – AviaAM Leasing.
Aleksandr Kočetkov became CEO in 2008.
The company’s shares were admitted for trading on the WSE under the ticker AAL and the trading started on 28 June.[2]