Avia Solutions’ Q1 revenue up by 27%

18 May 2016

Avia Solutions Group (ASG) reported a 27.1-percent increase in its consolidated revenue for the first three months of the year, with the total jumping from €45.226m in 2015 to €57.467m. Consolidated profits for the Lithuania-based aviation business group amounted to €559,000 for the quarter. Revenue from aircraft maintenance and repair operations jumped 37.6 percent to €34.895m, while revenue from aircraft ground handling and fueling services increased 10.1 percent to €19m. Pilot and crew training brought in €2.7m, up 13.8 percent.

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