DOCSLIB.ORG

Unaudited Condensed Consolidated Interim

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Unaudited Condensed Consolidated Interim AVIA SOLUTIONS GROUP PLC Condensed Consolidated Interim Financial Information, For the Three-Month Period Ended 31 March 2020 (Unaudited) Beginning of the financial period 1 January 2020 End of reporting period 31 March 2020 Name of the company Avia Solutions Group PLC (hereinafter “the Company”) Date of registration 28 February 2018 Code of enterprise HE 380586 Name of Register of Legal Entities Department of Registrar of Companies and Official Receiver Registered office 28 Oktovriou, 1 ENGOMI BUSINESS CENTER BLC E, Flat 111 Egkomi 2414, Nicosia Cyprus Telephone number +44 20 808 99777 / +370 5 252 5500 E-mail [email protected] Internet address www.aviasg.com Segments of consolidated Group Aviation Supporting Services, Aviation Logistics and Distribution Services, Aircraft Trading and Portfolio Management, Unallocated (holding and financing activities). Board of Directors: Gediminas Žiemelis (appointed from 12 July 2019) Jonas Janukėnas (appointed from 28 February 2018) Žilvinas Lapinskas (appointed from 12 July 2019) Linas Dovydėnas (appointed from 12 July 2019) Vygaudas Ušackas (appointed from 16 September 2019) Company Secretary: Fidema Services (appointed from 28 February 2018) 2 CONTENTS Pages CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME ............................................................... 4 CONDENSED CONSOLIDATED BALANCE S HEET .................................................................................................................. 6 CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY .......................................................................... 8 CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS........................................................................................ 10 NOTES TO THE CONDENSED CONSOLIDATED INTERIM FINANCIAL INFORMATION ........................................... 12 3 AVIA SOLUTIONS GROUP PLC CONDENSED CONSOLIDATED INTERIM FINANCIAL INFORMATION FOR THE THREE-MONTH PERIOD ENDED 31 MARCH 2020 (All tabular amounts are in EUR ‘000 unless otherwise stated) CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME January – March 2020 2019* Note Revenue 3 267 869 93 496 Other income 3 1 034 160 Cost of services and goods 3, 4 (185 272) (62 428) Employee related expenses 3 (39 977) (20 556) Depreciation and amortisation 3, 10 (26 639) (2 936) Other operating expenses 3, 5.1 (12 328) (5 566) Impairment losses of financial assets 3, 5.2 (1 370) (219) Other impairment-related expenses 3, 5.2 (256) (407) Other gain/(loss) – net 3 377 657 Operating profit (loss) 3 438 2 201 Finance income 6 1 059 3 Finance cost 6 (10 943) (1 155) Finance costs – net (9 884) (1 152) Share of profit (losses) of associates 840 (54) Profit (loss) before income tax (5 606) 995 Income tax 7 (1 795) (408) Profit (loss) for the period from continuing operations (7 401) 587 Profit (loss) from discontinued operations 17 - - Profit (loss) for the period (7 401) 587 Profit (loss) attributable to: Equity holders of the parent Profit (loss) from continuing operations (8 006) 459 Profit (loss) from discontinued operations - - Profit for the period attributable to equity holders of the parent (8 006) 459 Non-controlling interests Profit (loss) from continuing operations 605 128 Profit (loss) from discontinued operations - - Profit for the period attributable to non-controlling interests 605 128 (7 401) 587 4 AVIA SOLUTIONS GROUP PLC CONDENSED CONSOLIDATED INTERIM FINANCIAL INFORMATION FOR THE THREE-MONTH PERIOD ENDED 31 MARCH 2020 (All tabular amounts are in EUR ‘000 unless otherwise stated) CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (CONTINUED) January – March Note 2020 2019* Other comprehensive income Net gain on cash flow hedges 4 166 - Income tax (949) - 3 217 - Exchange differences on translation of foreign operations 126 484 Other comprehensive income (loss) for the period 3 343 484 Discontinued operations Exchange differences on translation of foreign operations - - from discontinued operations 3 343 484 Total comprehensive income for the period attributable to: Equity holders of the parent Total comprehensive income (loss) for the period from continuing operations (4 804) 976 Total comprehensive income (loss) for the period from discontinued operations - - Total comprehensive income (loss) for the period attributable to equity holders of the parent (4 804) 976 Non-controlling interests Total comprehensive income (loss) for the period from continuing operations 746 95 Total comprehensive income (loss) for the period from discontinued operations - - Total comprehensive income (loss) for the period attributable to non-controlling interests 746 95 (4 058) 1 071 Earnings per share attributable to owners of the parent during the period Basic and diluted earnings per share From continuing operations (0,103) 0,059 From discontinued operations - - From profit for the period 9 (0,103) 0,059 *Restated, see Note 17 5 AVIA SOLUTIONS GROUP PLC CONDENSED CONSOLIDATED INTERIM FINANCIAL INFORMATION FOR THE THREE-MONTH PERIOD ENDED 31 MARCH 2020 (All tabular amounts are in EUR ‘000 unless otherwise stated) CONDENSED CONSOLIDATED BALANCE SHEET Notes 31 March 2020 31 December 2019 ASSETS Non-current assets Property, plant and equipment 10 405 787 363 286 Investments property 10 12 645 11 842 Intangible assets 10 94 381 74 412 Investments accounted for using the equity method 48 816 47 034 Deferred tax assets 7 15 222 9 615 Non-current trade and other receivables 12 47 791 40 319 Non-current derivative financial instruments 7 665 3 672 Long-term bank deposits 997 983 633 304 551 163 Current assets Inventories 14 39 111 95 847 Trade and other receivables 12 183 817 142 850 Contract assets 10 924 7 376 Prepaid income tax 2 494 1 156 Derivative financial instruments - 377 Short-term bank deposit 172 597 84 011 Cash and cash equivalents 13 136 283 217 252 Assets of disposal group classified as held for sale 17 - - 545 226 548 869 Total assets 3 1 178 530 1 100 032 6 AVIA SOLUTIONS GROUP PLC CONDENSED CONSOLIDATED INTERIM FINANCIAL INFORMATION FOR THE THREE-MONTH PERIOD ENDED 31 MARCH 2020 (All tabular amounts are in EUR ‘000 unless otherwise stated) CONDENSED CONSOLIDATED BALANCE SHEET (CONTINUED) Notes 31 March 2020 31 December 2019 EQUITY Equity attributable to the Group’s equity shareholders Share capital 8 22 556 22 556 Share premium 282 158 282 158 Other reserves 132 60 Treasury shares (1 010) (1 010) Merger reserve (456) (456) Fair value reserve 2 785 (432) Cumulative translations differences (2 971) (2 956) Retained earnings 33 116 41 122 Equity attributable to equity holders of the parent 336 310 341 042 Non-controlling interests 5 726 4 980 Total equity 342 036 346 022 LIABILITIES Non-current liabilities Borrowings 274 735 270 317 Lease liabilities 176 956 161 201 Government grants 713 773 Security deposits received 692 1 097 Trade and other payables 15 4 142 4 600 Derivative financial instruments 3 747 4 686 Deferred income tax liabilities 7 21 279 14 434 482 264 457 108 Current liabilities Trade and other payables 15 179 378 121 769 Lease liabilities 89 060 75 992 Borrowings 6 749 6 817 Contract liabilities 45 621 66 098 Security deposits received 8 891 7 123 Current income tax liabilities 24 531 19 103 Liabilities of disposal group classified as held for sale 17 - - 354 230 296 902 Total liabilities 836 494 754 010 Total equity and liabilities 1 178 530 1 100 032 7 AVIA SOLUTIONS GROUP PLC CONDENSED CONSOLIDATED INTERIM FINANCIAL INFORMATION FOR THE THREE-MONTH PERIOD ENDED 31 MARCH 2020 (All tabular amounts are in EUR ‘000 unless otherwise stated) CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY Equity attributable to equity holders of the Group Share Share Treasury Merger Legal Fair value Currency Retained Total Non- Total capital premium shares reserve reserve reserve translation earnings control-ling equity differences interests Balance at 31 December 2018 2 256 33 133 - (457) 237 2 (210) 30 456 65 417 (662) 64 755 Adjustment on initial application of IFRS 16 (net of tax) - - - - - - - (786) (786) - (786) Balance at 1 January 2019 2 256 33 133 - (457) 237 2 (210) 29 670 64 631 (662) 63 969 Comprehensive income Currency translation difference - - - - - - 517 - 517 (33) 484 Profit (loss) for the period from - - - - - - - 459 459 128 587 continuing operations Profit (loss) for the period from - - - - - - - - - - - discontinuing operations Total comprehensive income - - - - - - 517 459 976 95 1 071 Transactions with owners Transfer to legal reserve - - - - - - - - - - - Total transactions with owners - - - - - - - - - - - Balance at 31 March 2019 2 256 33 133 - (457) 237 2 307 30 129 65 607 (567) 65 040 8 AVIA SOLUTIONS GROUP PLC CONDENSED CONSOLIDATED INTERIM FINANCIAL INFORMATION FOR THE THREE-MONTH PERIOD ENDED 31 MARCH 2020 (All tabular amounts are in EUR ‘000 unless otherwise stated) CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY Equity attributable to equity holders of the Group Share Share Treasury Merger Other Fair value Currency Retained Total Non-control- Total capital premium shares reserve reserves reserve translation earnings ling equity differences interests Balance at 1 January 2020 22 556 282 158 (1 010) (456) 60 (432) (2 956) 41 122 341 042 4 980 346 022 Comprehensive income Net profit (loss) on cash flow hedge - - - - - 3 217 - - 3 217 - 3 217 Currency translation difference - - - - - - (15) - (15) 141 126 from continuing operations Profit (loss) for the period from - - - - - - - (8 006) (8 006) 605 (7 401) continuing operations Total comprehensive
Load more

Recommended publications
  • WACS) for Passenger (PAX) and Cargo Aircraft
    NATO UNCLASSIFIED Statement of Work (SOW) for the Provision of RFP PRE21005 Worldwide Aircraft Charter Services (WACS) for Passenger (PAX) and Cargo Aircraft Prepared by NSPA VERSION 1.00 Amendment Record Revision/ Reference(s) Page(s) Date Of Issue Remarks Amendment 1st ISSUE All All 3 DECEMBER 2020 - For BCR All All All 23 February 2021 PRO NATO Support and Procurement Agency (NSPA) CAPELLEN (Grand Duchy of LUXEMBOURG) NATO UNCLASSIFIED Table of Contents PART 1. EXECUTIVE SUMMARY .......................................................................................................... 3 PART 2. LEGAL STATUS OF NSPA AND THE CONTRACTOR ............................................................ 3 PART 3. LIABILITY OF THE CARRIER ................................................................................................... 4 PART 4. AUTHORIZED AIR OPERATOR ............................................................................................... 4 PART 5. SERVICES TO BE PROVIDED ................................................................................................. 5 PART 6. SPECIFIC REQUIREMENTS .................................................................................................... 6 PART 7. INSURANCE ............................................................................................................................. 7 PART 8. ACTIVATION OF SERVICES .................................................................................................... 8 PART 9. REPORTING ...........................................................................................................................
    [Show full text]
  • 2004 Airline Competition Plan Update
    2004 AIRLINE COMPETITION PLAN UPDATE Submitted for the Minneapolis-St. Paul International Airport On behalf of the Metropolitan Airports Commission February 22, 2004 INTRODUCTION Under the Wendell H. Ford Aviation Investment and Reform Act for the 21st Century, or “AIR- 21”, large and medium hub airports that meet a certain threshold of concentration are required to submit competition plans. The Minneapolis-St. Paul International Airport (“MSP” or “Airport”) meets the standards set out in AIR-21, as it is a large hub airport with more than 50% of its traffic served by a single carrier, Northwest Airlines. In 2001, MAC filed an update to its 2000 Airline Competition Plan to present its ongoing efforts to expand airport facilities necessary for vibrant competition and to secure competitive air service in its major markets. The efforts described in the 2001 Update largely represented MSP market conditions and efforts prior to September 11, 2001. The purpose of the 2004 Update will be to provide information pertaining to post September 11 market conditions at MSP as well as MSP’s post September 11 efforts to foster competition. Therefore, the Metropolitan Airports Commission (MAC) hereby submits this update to the 2000 Airline Competition Plan and 2001 Update. I. AVAILABILITY OF GATES AND RELATED FACILITIES A. Number and identity of any air carriers that have begun providing or stopped service In December 2001, locally based Sun Country Airlines ceased operations after nearly 20 years of successful operations at MSP. The effects of a slumping economy and September 11 took a significant toll on Sun Country’s ability to sustain operations and essentially forced the carrier into Chapter 11 bankruptcy.
    [Show full text]
  • AIRCRAFT GROUND HANDLING and HUMAN FACTORS a Comparative Study of the Perceptions by Ramp Staff and Management
    NLR-CR-2010-125 Executive summary AIRCRAFT GROUND HANDLING AND HUMAN FACTORS A comparative study of the perceptions by ramp staff and management Problem area were sent to the target groups Human factors have been Management and Operational Report no. identified by the European personnel and interviews were NLR-CR-2010-125 Commercial Aviation Safety conducted afterwards to verify Team as a ground safety issue the results and to place them in Author(s) for which safety enhancement the right context. A.D. Balk J.W. Bossenbroek action plans have to be developed. Results and conclusions Report classification The results identified UNCLASSIFIED The objective of this study is to opportunities for improvement investigate the causal factors in the propagation of the safety Date which lead to human errors policy and principles, April 2010 during the ground handling substantiation of the principles process and create unsafe of a just culture, communication Knowledge area(s) situations, personal accidents or of safety related issues, the Vliegveiligheid (safety & incidents. ‘visibility’ of management to security) operational personnel, This document describes the standardisation of phraseology Descriptor(s) Human factors results of the study, performed on the ramp and awareness of Safety culture the potential risks of human by the Air Transport Safety Ground handling Institute of the National factors like time pressure, Aerospace Laboratory NLR in stress, fatigue and cooperation with the Civil communication. Aviation Authority of the Netherlands. Applicability The results of this study are Description of work considered applicable to all The study has been performed European ground service by investigating safety culture providers.
    [Show full text]
  • U.S. Department of Transportation Federal
    U.S. DEPARTMENT OF ORDER TRANSPORTATION JO 7340.2E FEDERAL AVIATION Effective Date: ADMINISTRATION July 24, 2014 Air Traffic Organization Policy Subject: Contractions Includes Change 1 dated 11/13/14 https://www.faa.gov/air_traffic/publications/atpubs/CNT/3-3.HTM A 3- Company Country Telephony Ltr AAA AVICON AVIATION CONSULTANTS & AGENTS PAKISTAN AAB ABELAG AVIATION BELGIUM ABG AAC ARMY AIR CORPS UNITED KINGDOM ARMYAIR AAD MANN AIR LTD (T/A AMBASSADOR) UNITED KINGDOM AMBASSADOR AAE EXPRESS AIR, INC. (PHOENIX, AZ) UNITED STATES ARIZONA AAF AIGLE AZUR FRANCE AIGLE AZUR AAG ATLANTIC FLIGHT TRAINING LTD. UNITED KINGDOM ATLANTIC AAH AEKO KULA, INC D/B/A ALOHA AIR CARGO (HONOLULU, UNITED STATES ALOHA HI) AAI AIR AURORA, INC. (SUGAR GROVE, IL) UNITED STATES BOREALIS AAJ ALFA AIRLINES CO., LTD SUDAN ALFA SUDAN AAK ALASKA ISLAND AIR, INC. (ANCHORAGE, AK) UNITED STATES ALASKA ISLAND AAL AMERICAN AIRLINES INC. UNITED STATES AMERICAN AAM AIM AIR REPUBLIC OF MOLDOVA AIM AIR AAN AMSTERDAM AIRLINES B.V. NETHERLANDS AMSTEL AAO ADMINISTRACION AERONAUTICA INTERNACIONAL, S.A. MEXICO AEROINTER DE C.V. AAP ARABASCO AIR SERVICES SAUDI ARABIA ARABASCO AAQ ASIA ATLANTIC AIRLINES CO., LTD THAILAND ASIA ATLANTIC AAR ASIANA AIRLINES REPUBLIC OF KOREA ASIANA AAS ASKARI AVIATION (PVT) LTD PAKISTAN AL-AAS AAT AIR CENTRAL ASIA KYRGYZSTAN AAU AEROPA S.R.L. ITALY AAV ASTRO AIR INTERNATIONAL, INC. PHILIPPINES ASTRO-PHIL AAW AFRICAN AIRLINES CORPORATION LIBYA AFRIQIYAH AAX ADVANCE AVIATION CO., LTD THAILAND ADVANCE AVIATION AAY ALLEGIANT AIR, INC. (FRESNO, CA) UNITED STATES ALLEGIANT AAZ AEOLUS AIR LIMITED GAMBIA AEOLUS ABA AERO-BETA GMBH & CO., STUTTGART GERMANY AEROBETA ABB AFRICAN BUSINESS AND TRANSPORTATIONS DEMOCRATIC REPUBLIC OF AFRICAN BUSINESS THE CONGO ABC ABC WORLD AIRWAYS GUIDE ABD AIR ATLANTA ICELANDIC ICELAND ATLANTA ABE ABAN AIR IRAN (ISLAMIC REPUBLIC ABAN OF) ABF SCANWINGS OY, FINLAND FINLAND SKYWINGS ABG ABAKAN-AVIA RUSSIAN FEDERATION ABAKAN-AVIA ABH HOKURIKU-KOUKUU CO., LTD JAPAN ABI ALBA-AIR AVIACION, S.L.
    [Show full text]
  • ASG GROUP Annual Report 20
    AVIA SOLUTIONS GROUP AB CONSOLIDATED INTERIM REPORT FOR THE YEAR ENDED 31 DECEMBER 2016 SEPARATE AND CONSOLIDATED ANNUAL REPORT Approved by the Board as at 6 April 2017 I. GENERAL INFORMATION Reporting period Year ended 31 December 2016 Issuer and its contact details Name of the Issuer Avia Solutions Group AB (hereinafter – ‘Avia Solutions Group AB ’ or ‘the Company’) Legal form Public company (joint-stock company) Date of registration 31 August 2010 Name of Register of Legal Entities State Enterprise Centre of Registers Code of enterprise 302541648 Registered office Smolensko St. 10, LT-03201 Vilnius, Lithuania Telephone number +370 5 252 5500 / +44 20 808 99777 E-mail [email protected] Internet address www.aviasg.com Persons responsible for the accuracy of the provided information: Name Position Telephone number E-mail Linas Dovydėnas CEO of Avia Solutions Group AB +370 5 252 5500 [email protected] Aurimas Sanikovas CFO of Avia Solutions Group AB +370 5 252 5500 [email protected] Head of Financial Reporting Unit Rūta Valkiūnienė +370 5 252 5500 [email protected] of Avia Solutions Group AB Main activities Avia Solutions Group AB is a holding company together with its subsidiaries (hereinafter collectively – the ‘Group’) engaged in delivering our clients integrated aviation related services. For management purposes, the Group is organized into business units based on the services provided, and has five reportable operating segments: - Aircraft and Helicopter Maintenance, Repair and Overhaul (MRO); - Aircraft Ground Handling and Fuelling; - Crew Training and Staffing; - Private Jet Charter, Flight and Tour Operations; - Unallocated segment. The Airport Infrastructure Management segment is no longer disclosed.
    [Show full text]
  • AC 00.2-14 Appendix 2
    Advisory Circular Subject: ADVISORY CIRCULAR CHECKLIST Date: 01/08/03 AC No: 00-2.14 and Status of Other FAA Publications Initiated By: APF-100 1. Purpose. This circular transmits the revised checklist at a later date or were assigned to advisory circulars that of the Federal Aviation Administration’s (FAA) Advisory have been canceled. Circulars (AC's). It also lists certain other FAA publications 5. How to order: sold by the Superintendent of Documents, U.S. Government Printing Office (GPO). This checklist is available via the a. Free Advisory Circulars (AC's). If no price is Internet from the FAA home page. See Appendix 5 for given after the AC, it is free. You can expedite the delivery access information. of your order by using the special order blank in Appendix 5 (photocopies are acceptable) or send it by FAX to: 2. Cancellation. AC 00-2. 13 dated June 15, 2000, 301-386-5394. Distribution personnel will send up to ten is canceled. copies of any free publication. Larger quantities must be 3. Explanation of the AC system. The FAA issues advi- approved by the issuing office. Send your order for 10 or sory circulars to inform the aviation public in a systematic less free copies of the ACs to: way of nonregulatory material. Unless incorporated into a U.S. Department of Transportation regulation by reference, the contents of an advisory circular Subsequent Distribution are not binding on the public. Advisory circulars are issued Office Ardmore East Business Center in a numbered-subject system corresponding to the subject 3341 Q 75th Ave.
    [Show full text]
  • FRIENDLY AIRCRAFT HANDLING – Case Study: ZAGREB AIRPORT MODEL of ENVIRONMENT - FRIENDLY AIRCRAFT HANDLING – CASE STUDY: ZAGREB AIRPORT
    Igor Štimac, Damir Vince, Bruna Jakšić MODEL OF ENVIRONMENTAL FRIENDLY AIRCRAFT HANDLING – Case Study: ZAGREB AIRPORT MODEL OF ENVIRONMENT - FRIENDLY AIRCRAFT HANDLING – CASE STUDY: ZAGREB AIRPORT Igor Štimac, MSc, IAP Damir Vince, MSc, IAP Zagreb Airport Ltd., Rudolfa Fizira Street 1, p.p. 40, HR-10150 Zagreb, Croatia [email protected], [email protected] Bruna Jakšić, mag.ing.el City office for energetics, environment protection and sustainable development, Dukljaninova 3, HR-10000 Zagreb, Croatia [email protected] ABSTRACT In the era of increased awareness surrounding global warming and the importance of renewable energy, airports are affected by the rising costs of fossil fuels, as well as by the demands for the reduction of greenhouse gases emission. This paper reports the effort to determine the benefits of replacing gasoline and diesel-fueled internal combustion engine ground support equipment (ICE GSE) with electric ground support equipment (eGSE). The model of environment-friendly aircraft handling will be based on the examination of cost- effectiveness and reduction of greenhouse gases in the case of replacing fossil-fueled GSE with cleaner, more efficient electric-powered alternatives. In comparison with the current procedures of Ground Handling, the authors choose Zagreb Airport Ltd. as the representative airport for building Case Study and Airbus A319/A320 as the reference aircraft for calculation of greenhouse gases emission during handling process. The calculation method will be based on real time duration of processes performed by each piece of GSE during aircraft handling procedure. The usage of the model will be tested on aircraft handling for two airline business models: network and low cost.
    [Show full text]
  • Opinnäytetyön Mallipohja
    Fare Types and Their Effects on Aircraft Ground Handling Vuori, Salla Marostica, Gabriel 2017 Kerava 2 Laurea University of Applied Sciences Kerava Fare Types and Their Effects on Aircraft Ground Handling Salla Vuori Gabriel Marostica Degree Programme in Tourism Bachelor’s Thesis June, 2017 3 Laurea University of Applied Sciences Abstract Kerava Degree Programme in Tourism Salla Vuori Gabriel Marostica Fare Types and Their Effects on Aircraft Ground Handling Year 2017 Pages 27 This Bachelor’s thesis discusses different fare types in aviation and how they affect aircraft ground handling and the work in practice. The aim was to provide information about fare types and to recognize the problems the fare types have on ground handling. There was no earlier research conducted on this subject in Theseus database. The thesis includes a theoretical section that describes the different fare types and the cus- tomer service closely related to this topic is also given consideration to in the theoretical section. The theoretical section also discusses the basics of aircraft ground handling. The study was based on quantitative methods. A questionnaire was given to the employees of Aviator Airport Services Finland Ltd to address the problems and to gain information from the people who confront these issues on a daily basis. In total 41 responses were received on pa- per. Due to the low number of responses, the thesis has qualitative research features. The results were analyzed and themed. The results indicate that the respondents noticed communication and the amount of hand luggage to be the main issues. However, there was also some duality in the responses and a part of the respondents saw that there were no pro b- lems at the departure gate due to difference in fare types and a significant part who thought it caused problems considerably.
    [Show full text]
  • Prior Compliance List of Aircraft Operators Specifying the Administering Member State for Each Aircraft Operator – June 2014
    Prior compliance list of aircraft operators specifying the administering Member State for each aircraft operator – June 2014 Inclusion in the prior compliance list allows aircraft operators to know which Member State will most likely be attributed to them as their administering Member State so they can get in contact with the competent authority of that Member State to discuss the requirements and the next steps. Due to a number of reasons, and especially because a number of aircraft operators use services of management companies, some of those operators have not been identified in the latest update of the EEA- wide list of aircraft operators adopted on 5 February 2014. The present version of the prior compliance list includes those aircraft operators, which have submitted their fleet lists between December 2013 and January 2014. BELGIUM CRCO Identification no. Operator Name State of the Operator 31102 ACT AIRLINES TURKEY 7649 AIRBORNE EXPRESS UNITED STATES 33612 ALLIED AIR LIMITED NIGERIA 29424 ASTRAL AVIATION LTD KENYA 31416 AVIA TRAFFIC COMPANY TAJIKISTAN 30020 AVIASTAR-TU CO. RUSSIAN FEDERATION 40259 BRAVO CARGO UNITED ARAB EMIRATES 908 BRUSSELS AIRLINES BELGIUM 25996 CAIRO AVIATION EGYPT 4369 CAL CARGO AIRLINES ISRAEL 29517 CAPITAL AVTN SRVCS NETHERLANDS 39758 CHALLENGER AERO PHILIPPINES f11336 CORPORATE WINGS LLC UNITED STATES 32909 CRESAIR INC UNITED STATES 32432 EGYPTAIR CARGO EGYPT f12977 EXCELLENT INVESTMENT UNITED STATES LLC 32486 FAYARD ENTERPRISES UNITED STATES f11102 FedEx Express Corporate UNITED STATES Aviation 13457 Flying
    [Show full text]
  • Dom Maklerski BZ WBK SA
    Avia Solutions Group Poland, Aviation support services Reuters: ASGG.WA Bloomberg: ASG PW 1 April 2011 Boarding completed Recommendation BUY Portfolio weighting – Recommendation BUY. 12M Target Price PLN 90 Avia Solutions Group (ASG) is a group of companies engaged in Price (PLN, 31 March 2011) 55.00 aviation-related services for airlines and travel operators. It provides Target price (PLN, 12-month) 90.00 integrated aircraft maintenance, ground handling, crew training, charter and other services. ASG was mainly focused on the Baltic and CIS Market cap. (PLN m) 324.1 markets, however, the group plans to expand its European operations in Free float (%) 20.3 2011. In the long term, Eastern Europe and the CIS should catch up with Number of shares (m) 5.9 the Western air traffic standards, likely yielding a very strong foundation Average daily turnover 1M (shares) 7.4k for ASG’s long-term prosperity. In the short term, we expect the EURPLN 4.02 company’s figures to be strengthened through the expansion of its USDPLN 2.85 Maintenance, Repair and Overhaul (MRO) capabilities for new aircraft. The establishment of new ground handling bases at Polish airports and the delivery of refuelling services, with first new contracts already 57.0 Price WIG Rebased signed, will boost ASG’s results from 2011 onward. We expect intensive Buy Hold 56.0 investments and foreign expansion will contribute to a more than doubling of 2010’s net profit for a 2012 result of EUR 11m. We are 55.0 initiating coverage of ASG with a BUY recommendation and a 12-month 54.0 Target Price of EUR 22.3 (PLN 90), which implies a 64% growth potential.
    [Show full text]
  • Download 2019 Attendee List
    AIR Convention Europe September 16th - 18th, 2019, Vilnius, Lithuania Current attendee list - 19-07-2019 Company Position ACR Electronics Vice President of Global Sales - Aviation ACR Electronics Vice President Of Engineering Adria Airways Training Cabin Crew Member, ESET Instructor Adria Airways Head Of Purchasing Adria Airways COO Adria Airways Managing Director Adria Technika COO Aegean Head of Purchasing Aegean Airlines Group Internal Audit Director Aeroflot Director of fleet planning and aircraft procurement Aeroflot General Director Chief Division (Spares & Logistics Procurement Aeroflot Department) Deputy Division Chief (Spares & Logistics Aeroflot Procurement Department) Aeroflot Leading Expert Contract Division Aerotask CEO Air Arabia Manager Cargo Air Astana Technical Procurement Supervisor Air Baltic Vice President Air Baltic Head of Purchasing Department Air Canada President Air Dolomiti President & CEO Air France Customer Support Manager Air Horizont Logistics Manager Air Mediterranean CEO Air Mediterranean CAMO Manager Air Peace Deputy Human Resources Manager Air Serbia Technical Director Air Tahiti Nui Management System Director Air Transport Senior Manager Air Vistara Chief Information and Innovation Officer AIR X Charter My Flight Executive airBaltic Partnership Manager airBaltic Sales Manager for Lithuania airblue General Manager AirBridgeCargo Airlines Leading Procurement Specialist Airbus Head of Emerging Technologies &Concepts Airbus Project Manager Emerging Technologies & Concepts Aircommerce Founder and Managing
    [Show full text]
  • Weekly Aviation Headline News
    ISSN 1718-7966 MAy 13, 2019/ VOL. 689 www.avitrader.com Weekly Aviation Headline News WORLD NEWS Singapore joins Etihad Cargo network Etihad Cargo has launched sched- uled freighter flights from its hub in Abu Dhabi to Singapore’s Changi International Airport. The weekly flights will continue to Ho Chi Minh City, Vietnam, before returning to Abu Dhabi, reinforcing Etihad’s com- mitment to serve key logistics hubs in the Asia Pacific region, and offer onward connections through its strategically located Abu Dhabi hub. There will be significant Pegasus expands its network growth in with four new routes the global freighter Pegasus has said it will expand its aircraft fleet. expansive network with new flights Photo: from London Stansted and Man- Turkish Cargo chester airports to Riyadh via Istan- bul from 28th May 2019. Pegasus’ international network of destina- New freighter forecast tions will also include its third air- Shows ample fleet growth through to 2038 port in The Netherlands with the A new report released for the growth and retirements of older 21% of new additions in the feeder addition of Eindhoven on 29 June global freighter aircraft fleet, and aircraft. Roughly half of these ad- segment will be satisfied by pro- 2019 and its first Moroccan route, projected significant growth in the ditions will replace aircraft retired duction freighters.” with Casablanca on 8 July 2019. A global freighter aircraft fleet over from the fleet. During this period, direct flight between Trabzon (Tur- the next 20 years. the consultancy forecasts that the “Operating economics mean that, key) and Amman (Jordan) will be world’s jet freighter fleet to grow particularly in the large widebody launched on 28 May 2019.
    [Show full text]