Avia Solutions Group has finalised the acquisition of Bluebird No
On the 24th of January 2020, Avia Solutions Group signed an agreement with BB Holding EHF for the full acquisition of Bluebird Nordic, which entails a 100% stake ownership of the company’s shareholdings. On the 31st of March 2020, following the completion of all prerequisites and receipt of relevant clearances from competition authorities, the transaction was finalised.
Gediminas Ziemelis, the Founder and Chairman of the Board of Directors of Avia Solutions Group was quoted: “I am pleased with the opportunity to acquire such a competent and reputable company. With this new acquisition, Avia Solutions Group takes another step forward in diversifying our areas of expertise in the global aviation market. As the largest passenger ACMI group in Eastern Europe and considering the current changes in the aviation sector, which come with a growing demand not only for narrow-body but now also for wide-body cargo services, we are glad to be adding Bluebird Nordic’s portfolio to our group’s operations”.
Bluebird Nordic uses a fleet of 6 aircraft and operates scheduled as well as charter flights under its brand. The airline also offers cargo export and import services from and to Iceland, serving more than 100 locations worldwide. “We are happy that Bluebird is now a member of Avia Solutions Group and look forward to working with the new owners to grow and strengthen the company. We are certain that the company, its employees and customers will feel the benefits of belonging to such a strong aviation industry player”, says Steinn Logi Björnsson, Managing Director of Bluebird Nordic. As a part of Avia Solutions Group, Bluebird Nordic is expected to develop further, expand its existing service portfolio and improve its operations.
About Avia Solutions Group:
Avia Solutions Group is the largest aerospace business group from Central & Eastern Europe offering aviation services worldwide. With 83 international offices and production stations, it unites a team of more than 7000 professionals providing state-of-the-art solutions in aviation industry and beyond.
For more information about Avia Solutions Group, please visit www.aviasg.com.
About Bluebird Nordic:
Bluebird Nordic is a cargo airline headquartered in Iceland. It was founded in 1999 and started its flight operation in March 2001.
Bluebird Nordic operates a fleet of 6 Boeing 737 freighters - 1 Boeing 737-300 and 5 Boeing 737-400. The company recently sold 2 B737-300s and is looking to replace them with 400s.
It provides a wet lease service to integrators like ASL/FedEX, UPS and DHL, charter brokers as well as other cargo airlines in Europe. Bluebird Nordic also serves general airfreight market to/from Iceland with interline connections with UPS, Emirates and Aer Lingus to over 100 destinations worldwide.
The team of Bluebird Nordic consists of more than 100 qualified professionals, including pilots, engineers, flight dispatchers and administration personnel.
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