Avia Solutions Group reports 33% growth in revenue for 2016

Avia Solutions Group, an international, publicly traded aviation holding company with over 20 subsidiaries worldwide, has recorded €306m revenue in 2016, a 33% increase from the 2015. Group’s net profit more than doubled to €8,1m. The growth of the Group’s operations was largely driven by its increasing presence in the Asian aviation market as well as continuous service and geographical expansion. In 2016, Avia Solutions Group’s client portfolio enlarged by 10%, with majority of sales coming from European customers (61%).