« Avion Capital Partners acquire airline in Lithuania »

Sion, October11th, 2010

Avion Capital Partners, along with strategic industry investors, concluded today the purchase of Lithuanian based airline UAB Avion Express. The airline operates four SAAB340 cargo and passenger aircraft on ACMI and charter basis for various european clients. David Masson, chairman of Avion Capital Partners, said that the long term plan is to develop the airline as a wet lease specialist. Furthermore he said that Avion Capital Partners and Avion Express will be working closely with lessors in utilizing distressed or troubled assets and to offer a range of flexible and competitive solutions to airlines.

For more info please contact David Masson at phone number +41 79 651 59 32 or

Gardar Forberg at phone number +41 79 917 69 61