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Boeing will supply Lithuania’s ASG with 80 aircraft

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The order is the group’s largest direct manufacturer portion for ACMI (Aircraft, Crew, Maintenance, Insurance) services.

Lithuanian aviation group Avia Solutions Group (ASG) has ordered 80 Boeing 737 MAX aircraft, reflecting the global growth in demand for aviation capacity during peak seasons. ASG has entered into a contract for the supply of 40 aircraft, with an option to order an additional 40 units, which should begin arriving in 2030. The company’s press service reported this.

The order is part of Avia Solutions Group’s ongoing strategy to invest in strengthening its capabilities to meet the high demand from airlines worldwide for additional aircraft during the peak season.

The order is the group’s largest direct manufacturer portion for ACMI (Aircraft, Crew, Maintenance, Insurance) services.

As mentioned by ASG’s Chairman of the Board, Gediminas Zimelis, the new aircraft will provide greater flexibility in serving customers and support the group under seasonal pressures. The agreement, he said, will also help the sustainable development of the group.

ASG currently owns a fleet of 220 aircraft, including 14 Boeing 737-8. The company unites more than 250 companies that provide aviation services, including maintenance, repair, crew training and ground handling. By the end of 2023, ASG’s net income increased to 68.2 million euros, which exceeded the figures for 2022 by 5.5 times, and the profit reached 2.3 billion euros (+22%).

It was previously known that Boeing entered into an agreement with South Korean airline Korean Air for the supply of 20 777-9 and 20 787-10 aircraft.

US extends ban on Boeing 737 MAX 9 flights
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Source: korrespondent

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