Ascent Aviation Services’ Post

The Peak Aviation Season in Europe: What Can We Learn From? ✈️ Recent aviation season in Europe was extremely busy. In 2023, approximately 738,000 block hours (BH) were operated on an ACMI basis globally. This figure represents a two-fold increase compared to the previous year. As peak season concludes, it's time to reflect on the industry's journey. Justinas Bulka, CEO of KlasJet, our subsidiary company, offers insights into this busy period and the pivotal role of ACMI services. Read the full article to discover how ACMI operations exceeded expectations and the changing trends in the aviation industry as we transition into autumn. 📖 👉 https://lnkd.in/dS4EwwVV #AviaSolutionsGroup #KlasJet #AviationInsights #ACMI #PeakAviationSeason

GetJet Aviation Holdings CEO Darius Viltrakis recently shared his insights in an interview with a national news network LRT.lt, shedding light on our market positioning and vision for the aviation landscape. Here are some key takeaways: 🟩 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 𝐚𝐧𝐝 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐏𝐥𝐚𝐧𝐬: GetJet anticipates moderate growth and aims to attract investments of €50-100 million over the next five years, with a potential €1 billion turnover. 🟩 𝐄𝐱𝐩𝐚𝐧𝐬𝐢𝐨𝐧 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐲: Plans to diversify the services and pursue horizontal expansion rather than solely focusing on scaling up the fleet. 🟩 𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐲𝐧𝐚𝐦𝐢𝐜𝐬 𝐚𝐧𝐝 𝐂𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞𝐬 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰: fluctuating aircraft prices, market saturation, and geopolitical constraints. 🟩 𝐋𝐞𝐚𝐝𝐞𝐫𝐬𝐡𝐢𝐩 𝐢𝐧 𝐭𝐡𝐞 𝐁𝐚𝐥𝐭𝐢𝐜𝐬: why Lithuania has become a leading country in the region. Read more: https://lnkd.in/dG8UeSNT #GetJetAirlines #LRT #ACMI #GetJetAviationHoldings Picture by Justinas Stacevičius/LRT.lt.

eVTOL Insights is hosting a 'Meet the Regulator' panel discussion, featuring representatives from prominent civil aviation authorities worldwide. Scheduled for Sunday, July 21st, from 2:30 pm to 4:30 pm, this event promises invaluable insights into regulation and certification within the realm of Advanced Air Mobility. Distinguished speakers from the Federal Aviation Administration, EASA - European Union Aviation Safety Agency, UK Civil Aviation Authority, Brazil’s ANAC - Agência Nacional de Aviação Civil, Japan’s Japan Civil Aviation Bureau (JCAB), Dubai’s UAE General Civil Aviation Authority (GCAA), and Saudi Arabia’s GACA - General Authority of Civil Aviation - Saudi Arabia have been invited to share their perspectives. Attendees will gain firsthand knowledge of each country's initiatives to propel the integration of Advanced Air Mobility. This forum offers a unique opportunity to engage with senior leaders and pose questions directly to the regulators. Whether you're an industry professional or an enthusiast, this event is not to be missed. Additionally, sponsorship opportunities are available for companies seeking enhanced branding and exposure. Join them in shaping the future of aviation by participating in this groundbreaking event. Tickets for the event are priced at £999 and can be purchased via their Eventbrite page. For sponsorship inquiries and further information, please reach out to Doreen Pupillo, Head of Partnerships at eVTOL Insights (doreen@evtolinsights.com) or James Craven, Head of Business Development (Americas) (james@evtolinsights.com). For a deeper dive into the discussion topics and speaker profiles, visit our blog. #AvfoilNews #AviationRegulation #eVTOLInsights #MeetTheRegulator #AdvancedAirMobility #FAA #EASA #UKCAA #ANAC #JCAB #GCAA #GACA #PanelDiscussion #IndustryLeaders #AviationCommunity

Today Airbus announced two signifcant orders at the Singapore Air show for a couple of very important clients. Vietjet one of its largest all time customers placed for the first time an order for new wide body jets i.e. 20 Airbus A330-900Neos. The carrier announced that it would use the planes to expand its footprint in Europe, USA and Australia. Vietjet should have learnt from history that no LCC world-wide has ever been successful flying long haul low cost with its main regional rival Air Asia X having suffered the same fate at its previous failed attempts flying to HNL LGW MRU IKA AKL MCT etc. It should just focus on its core region of Austral-Asia and not venture beyond that. What Vietjet should have done (in my opinion) instead is to have ordered 7-10 Airbus A350 freighters and expand its presence in the cargo marketspace as its much less risk and involves lower capital/operational expenditure. It can leverage SGN geographical location to its advantage by moving freight from EU/India via SGN to Australia-SE Asia + Australia-SE Asia via SGN as well. The second order placed for Airbus aircraft today was by Qantas who announced purchasing 8 additional Airbus A321Neo-XLRs. QF already has on order 20 units of this type thus the total figure it would operate once all get delivered is 28. All of them would be configured with 20 normal business class recline seats + 180 in economy. With this airplane type having its flying range reduced offcially a little bit, it would mean QF can only use it on missions up to 9 hours. #vietjet #hanoi #a330 #hochiminhcity #vietnam #hochiminh #danang #qantas #oneworld #staralliance #skyteam #a350 #vietnambusiness #vietnamtravel

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🛫 Discover why #Malta is taking off as a global centre for #Aviation expertise and professional services in our latest article! In it, we share some of the reasons behind the growth in the Island's burgeoning aviation sector and how it's attracting world-class talent. ✈️🌏 #SentientInt #AviationHub #malta #businessjet #aircraftownership #aircraftregistration #privatejet

Europe Week 38: -1% vs previous week -7% vs same dates in 2022 Spain seeing more bizjet flights than in September last year. France is busiest market trending -4% vs last year, 3% up on September 2019. Germany is the weakest market: flights -8% vs four years ago, domestic bizjet flights in Germany slumping 19% vs 4 year ago. Even Russia’s domestic bizjet traffic has not fallen as far. In contrast, bizjet flights within Turkey are more than 50% up on where they were in 2019. WINGX ADVANCE - Actionable Intelligence for Business Aviation (wingx-advance.com) #onlynetjets #netjets #businessaviation #privatejet #privatejetcharter #bizav #aviation

Thanks to the nature of EnterJet, we’re able to access data showing trends for not just our platform, but the private aviation market as a whole. In the month of March 2024, we experienced a further increase in membership applications, up 9.3% MoM following a very strong growth of 25.0% in February. This was balanced with an increase in flight requests, which were up 32% over the month of February. The most popular airport in these requests being Geneva, with an average passenger load of 4. Our dynamic Empty Leg Auction is proving increasingly popular, with one member purchasing four empty legs in the space of 1 hour for their Spring/Summer travels, the first of which they'll be boarding with Zenith Aviation Limited to Morocco in the coming weeks. The most popular aircraft in platform regarding bookings in the month was the Legacy 650. Average trip revenue in February was c. EUR 18,100. We expect strong demand to continue through to May as we head into the high season of summer and welcome more clients and aircraft to the platform seeking the benefits of cost & time saving through EnterJet. Charles Robinson, our CEO, remarks “Another excellent month for EnterJet saw a strong natural increase in membership growth and we expect a surge more similar to February in the weeks to come thanks to a number of unique activations going live. We are starting to see the majority of flight requests arising for the early summer months now, and expect with our increased aircraft supply, that many of our clients, who previously worked with brokers, will enjoy the benefits of seamlessly connecting to the market directly with EnterJet for the high season ahead.” Discover the Difference, Explore EnterJet: enterjet.co 51.5057°N 0.2068°W London - United Kingdom. #EnterJet #TheAviationPlatform #DiscoverTheDifference #Transparency #PrivateAviation #BusinessAviation #Tech #AviationTechnology #AvTech

International seat capacity departing from China is projected to increase by 35% in Q3 2023 compared to Q2, but still much more is expected compared with 2019. China's outbound capacity has had significant variation in recovery around specific markets, USA as the largest long-haul market is currently 95% down; Top destinations are mainly short-haul, but none of these markets have recovered to 2019 levels. Keen to get the latest on China’s aviation recovery? Download the special Cirium Ascend Consultancy’s Asia Pacific feature to understand the current situation and the outlook for H2: https://lnkd.in/ggg8gKny #AsiaPacific #APAC #China #aviation #airlines #aircraft #traveltrends #airlineeconomics

🛫 Discover why #Malta is taking off as a global centre for #Aviation expertise and professional services in our latest article! In it, we share some of the reasons behind the growth in the Island's burgeoning aviation sector and how it's attracting world-class talent. ✈️🌏 #SentientInt #AviationHub #malta #businessjet #aircraftownership #aircraftregistration #privatejet