AviaAM Leasing is a group of companies providing commercial aircraft leasing and management services. It is the only company in the Baltic States

Baltic states

The term Baltic states refers to the Baltic territories which gained independence from the Russian Empire in the wake of World War I: primarily the contiguous trio of Estonia, Latvia, Lithuania ; Finland also fell within the scope of the term after initially gaining independence in the 1920s.The...

 engaged in long-term aircraft

Aircraft

An aircraft is a vehicle that is able to fly by gaining support from the air, or, in general, the atmosphere of a planet. An aircraft counters the force of gravity by using either static lift or by using the dynamic lift of an airfoil, or in a few cases the downward thrust from jet engines.Although...

 lease business. The head office of the company is situated in Vilnius

Vilnius

Vilnius is the capital of Lithuania, and its largest city, with a population of 560,190 as of 2010. It is the seat of the Vilnius city municipality and of the Vilnius district municipality. It is also the capital of Vilnius County...

, Lithuania

Lithuania

Lithuania , officially the Republic of Lithuania is a country in Northern Europe, the biggest of the three Baltic states. It is situated along the southeastern shore of the Baltic Sea, whereby to the west lie Sweden and Denmark...

.

AviaAM Leasing is controlled by Avia Solutions Group Holding.

Business activities

AviaAM Leasing purchases, manages and sells aircraft. AviaAM Leasing is involved in lease, sales and management of aircraft operated by Kazakh

Kazakhstan

Kazakhstan , officially the Republic of Kazakhstan, is a transcontinental country in Central Asia and Eastern Europe. Ranked as the ninth largest country in the world, it is also the world's largest landlocked country; its territory of is greater than Western Europe...

, Estonian

Estonia

Estonia , officially the Republic of Estonia , is a state in the Baltic region of Northern Europe. It is bordered to the north by the Gulf of Finland, to the west by the Baltic Sea, to the south by Latvia , and to the east by Lake Peipsi and the Russian Federation . Across the Baltic Sea lies...

, Lithuanian

Lithuania

Lithuania , officially the Republic of Lithuania is a country in Northern Europe, the biggest of the three Baltic states. It is situated along the southeastern shore of the Baltic Sea, whereby to the west lie Sweden and Denmark...

, Slovak

Slovakia

The Slovak Republic is a landlocked state in Central Europe. It has a population of over five million and an area of about . Slovakia is bordered by the Czech Republic and Austria to the west, Poland to the north, Ukraine to the east and Hungary to the south...

, Italian

Italy

Italy , officially the Italian Republic languages]] under the European Charter for Regional or Minority Languages. In each of these, Italy's official name is as follows:;;;;;;;;), is a unitary parliamentary republic in South-Central Europe. To the north it borders France, Switzerland, Austria and...

 and Danish

Denmark

Denmark is a Scandinavian country in Northern Europe. The countries of Denmark and Greenland, as well as the Faroe Islands, constitute the Kingdom of Denmark . It is the southernmost of the Nordic countries, southwest of Sweden and south of Norway, and bordered to the south by Germany. Denmark...

 companies.

Company specializes in narrow-bodied

Narrow-body aircraft

A narrow-body aircraft is an airliner with a fuselage aircraft cabin width typically of 3 to 4 metres , and airline seat arranged 2 to 6 abreast along a single aisle...

 regional jets like Boeing 737

Boeing 737

The Boeing 737 is a short- to medium-range, twin-engine narrow-body jet airliner. Originally developed as a shorter, lower-cost twin-engine airliner derived from Boeing's 707 and 727, the 737 has developed into a family of nine passenger models with a capacity of 85 to 215 passengers...

, Boeing 757

Boeing 757

The Boeing 757 is a mid-size, narrow-body twin-engine jet airliner manufactured by Boeing Commercial Airplanes. Passenger versions of the twinjet have a capacity of 186 to 289 persons and a maximum range of , depending on variant and cabin configuration...

, Embraer ERJ-145, Airbus A320

Airbus A320

The Airbus A320 family is a family of short- to medium-range, narrow-body, commercial passenger jet airliners manufactured by Airbus Industrie.Airbus was originally a consortium of European aerospace companies, and is now fully owned by EADS. Airbus's name has been Airbus SAS since 2001...

 and other aircraft. Aircraft operating lease (as opposed to finance lease

Finance lease

A finance lease or capital lease is a type of lease. It is a commercial arrangement where:* the lessee will select an asset ;* the lessor will purchase that asset;...

) is the core service of the company.

Being a part of Avia Solutions Group Holding, AviaAM Leasing can offer aircraft technical maintenance and repair

Maintenance, repair, and operations

Maintenance, repair, and operations or maintenance, repair, and overhaul involves fixing any sort of mechanical or electrical device should it become out of order or broken...

, aviation specialists' initial and continued professional training and other related services.

Aircraft fleet

AviaAM Leasing has a portfolio of in excess of 25 owned and managed aircraft consisting of Boeing 737-300, Boeing 737-500, Boeing 757-200 and Embraer ERJ-145.

Services

• Acquisition and lease of the aircraft
• Aircraft fleet management
  Fleet management
  Fleet management is the management of a company's vehicle fleet.Fleet management includes commercial motor vehicles such as cars, vans and trucks. Fleet management can include a range of functions, such as vehicle financing, vehicle maintenance, vehicle telematics , driver management, speed...
  
  
• Aircraft sales and remarketing
• Contract negotiation and deal structuring
• Aircraft insurance expertise and solutions
• Advisory services

Background

In February 2007, Avia Asset Management AB was founded by Lithuanian capital aviation group Avia Solutions Group

Avia Solutions Group

Avia Solutions Group is a Lithuanian group of aviation-related companies providing infrastructural solutions for airlines, travel business companies and state institutions. It is the largest group of such kind in the Baltic States and one of the largest in Eastern Europe and CIS...

. In early 2008, Avia Solutions Group was making preparations for international public offering (IPO) of Avia Asset Management shares in Warsaw Stock Exchange

Warsaw Stock Exchange

The Warsaw Stock Exchange , , is a stock exchange located in Warsaw, Poland. It has a capitalization of € 220 bln .The WSE is a member of the World Federation of Exchanges and the Federation of European Securities Exchanges.-History:...

. Due to world credit crunch

Credit crunch

A credit crunch is a reduction in the general availability of loans or a sudden tightening of the conditions required to obtain a loan from the banks. A credit crunch generally involves a reduction in the availability of credit independent of a rise in official interest rates...

the company didn't enter the stock exchange. Since then, the number of managed aircraft increased and new subsidiaries of the company were founded.

In spring of 2010 Avia Asset Management AB together with related companies where united under one name – AviaAM Leasing.

At present, Avia Solutions Group Holding owns 100% of the shares of AviaAM Leasing.