Gediminas Ziemelis
37 articles
Columnist
Gediminas Ziemelis (born April 4, 1977) is an accomplished Lithuanian entrepreneur, business consultant, and the founder and current Chairman of the Board of Avia Solutions Group, one of the largest global ACMI (Aircraft, Crew, Maintenance, and Insurance) provider, operating a fleet of 192 aircraft. He was selected twice among the top 40 most talented young industry leaders by Aviation Week & Space Technology.Gediminas is known for his cosmopolitan mindset and exceptional management skills, which have contributed to his success in various business fields. Over his 26-year-long career, Gediminas has founded more than 100 start-ups, 50% of which are still in operation, led companies through 4 successful IPO/SPO processes, and raised over 800 million euros in global public capital and bond markets.In December 2022, Gediminas Ziemelis was listed as the richest Lithuanian by TOP Magazine, with estimated assets worth 1.68 billion euros.Gediminas is the largest donator of Rimantas Kaukenas Support Group, a charity and support fund, that provides help to children with oncological diseases and their families. He is also the biggest shareholder in the leading basketball club Wolves.
Gediminas Ziemelis (born April 4, 1977) is an accomplished Lithuanian entrepreneur, business consultant, and the founder and current Chairman of the Board of Avia Solutions Group, one of the largest global ACMI (Aircraft, Crew, Maintenance, and Insurance) provider, operating a fleet of 192 aircraft. He was selected twice among the top 40 most talented young industry leaders by Aviation Week & Space Technology.Gediminas is known for his cosmopolitan mindset and exceptional management skills, which have contributed to his success in various business fields. Over his 26-year-long career, Gediminas has founded more than 100 start-ups, 50% of which are still in operation, led companies through 4 successful IPO/SPO processes, and raised over 800 million euros in global public capital and bond markets.In December 2022, Gediminas Ziemelis was listed as the richest Lithuanian by TOP Magazine, with estimated assets worth 1.68 billion euros.Gediminas is the largest donator of Rimantas Kaukenas Support Group, a charity and support fund, that provides help to children with oncological diseases and their families. He is also the biggest shareholder in the leading basketball club Wolves.
Hydrogen aircraft market to reach $174.02 billion by 2040
For quite some time already, sustainability has been a top topic in amongst aviation professionals. While many companies…
2021-04-29
2021 predictions – billions in losses, business growth opportunities & AI
2020 will go down in history as one of the worst years for aviation industry ever. The year…
2021-01-26
Is aviation industry ready to transport Covid-19 vaccines?
As the first positive results of Covid-19 vaccines echoed through the media, a new challenge arose. Millions of…
2020-12-03
From $3.19 to $7.73 per kg: air cargo prices jump during pandemic
The COVID-19 pandemic has proven to be a major issue and a blessing from the skies for the…
2020-11-11
True scale of COVID-19 pandemic: $17.45 billion losses per month
Since March 2020, airlines have been fighting a battle against all odds. Even with the industry exhibiting some…
2020-09-28
The air in a plane is filtered and 99.97% sterile
According to the studies of the European Aviation Safety Agency the air in the aircraft is changed every…
2020-03-18
7 facts about aviation industry that will open your eyes
Aviation is amongst the greatest achievements in the modern human history. It connects the world and pushes globalization…
2020-02-24
2020: revolutionary year for the $700B worth global aviation
2019 brought a challenging period for aviation industry. Boeing MAX grounding, “flight shame” movement, airline bankruptcies and other…
2020-01-16
Gediminas Ziemelis: is “Flygskam” really the right thing to do?
“Flygskam” – still quite a new Swedish term that already made waves in the media. It literally means…
2019-11-14
Boeing MAX ‘situation’ costs airlines $1B per month
In March 2019, aviation regulators and airlines around the world grounded the Boeing 737 MAX airliner after two…
2019-08-20
Global ACMI will reach $7.07 B by 2025
Just until recently wet leasing was considered a way to solve short term problems like seasonal volumes, maintenance…
2019-08-13
How your heavy coat can cut airline’s profit?
It is a well known fact that aviation business is an expensive pleasure. In order not to lose…
2019-08-01
No more need to own a private jet
Owning a private jet has long been a symbol of wealth and success, but the market seems to…
2019-06-25
Did you know how expensive is flying?
Over the last decade, with the rise of low-cost airlines, flying became accessible to the masses – over…
2019-06-11
Will Japan become powerful player in aircraft manufacturing?
In a money heavy industry like aviation, financing is the difference in success and failure. At the moment,…
2019-05-21
Publicly listed airlines cheating investors on E261?
Over €5bn in compensations are not disclosed on major European airlines’ financial reports over the last three years.…
2019-03-19
Is one pilot greater than two?
Aviation evolves and some things that were deemed as necessary are no longer needed. Regulations tend to lag…
2019-02-19
Are standing airline seats future of increasing seating capacity?
Since the dawn of commercial aircraft seating has been mostly unchanged. Even up until today regardless of which…
2019-01-29