Avion Capital Partners acquires UAB Avion Express
Avion Capital Partners and other unnamed investors have purchased UAB Avion Express, the Lithuanian based airline.
David Masson, chairman of Avion Capital Partners, said the airline will be developed as a wet lease specialist. Other plans are in place for Avion Capital Partners and Avion Express to utilise distressed or troubled assets “to offer a range of flexible and competitive solutions to airlines”. UAB currently flies four SAAB340 cargo and passenger aircraft on ACMI and charter basis for a number of European clients.
