On January 24, Avia Solutions Group has signed an agreement with the BB Holding ehf., advised by Barons Capital Partners, to acquire 100% of the shareholdings of Bluebird Nordic.
Gediminas Ziemelis, Founder and Chairman of the Board of Directors of Avia Solutions Group expressed his contentment, “I am utterly pleased to have had an opportunity to acquire such a competent and reputable company. With this new acquisition, Avia Solutions Group steps into the narrow-body ACMI cargo business.”
Cargo airline Bluebird Nordic, headquartered in Iceland, uses a fleet of six Boeing 737 freighters – one Boeing 737-300 and five Boeing 737-400s and operates scheduled as well as charter flights under its own brand. The airline also offers cargo export and import services from and to Iceland, serving more than 100 locations worldwide. As a part of Avia Solutions Group, Bluebird Nordic is expected to develop further, expanding its existing service portfolio and improving its operation.
