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 david@acp.aero phone number +41 79 651 59 32 or

Gardar Forberg at gardar@acp.aero phone number +41 79 917 69 61

Press Release

Sion, October 1st, 2010

David Masson,  Managing Director and Halldor Hafsteinsson, Director Finance and Business Development  have as of October 1st 2010 left Avion Aircraft Trading H.F.  to pursue their own interests.  Along with Gardar Forberg, ex CEO of Smartlynx Airlines,  they have formed a new company , Avion Capital Partners S.A..  The company will primarily focus on developing new business and providing a range of management and consultancy services in various sectors of the aviation industry, including asset management and lease and purchase negotiations. David Masson commented that he is very excited about the new venture and that he is confident that the accumulated partners' experience of over 50 years in various sectors of our industry, will prove to be a great foundation for a succesful company.

 Avion Capital Partners is headquartered in Sion, Switzerland.

For more info please contact David Masson at david@acp.aero phone number +41 79 651 59 32 or

Gardar Forberg at gardar@acp.aero phone number +41 79 917 69 61

Avion Capital Partners open offices in Sion, Switzerland

Avion Capital Partners have opened their offices at Rue du Rhone 18, 1950 Sion, right the the scenic old town of the city.  Sion is the capital of the Canton of Valais, strategically situated between Geneva, Zurich and Milan.