Avia Solutions Group is a provider of aviation capacity solutions for passenger and cargo airlines worldwide. Headquartered in Dublin (Ireland), the group manages over 100 offices and production facilities globally and employs a majority of its employees in Europe. In 2023, Avia Solutions Group manages a fleet of 165 aircraft among the group companies. History Prehistory In 2005, the history of Avia Solutions Group began when Lithuanian Airlines, the national airlines of Lithuania, was privatized. LAL investment management acquired 100% of the airline shares for 7.53 million Euro. The airline was re-branded and several companies were spun – out, including Baltic Ground Services (ground handling), FL Technics (aviation maintenance, repair, and operations), and Bilietų Pardavimo Centras (travel agency). In 2005, FL Technics was founded. The company opened its first hangar at Vilnius International Airport. In November 2006, Baltic Aviation Academy (now known as BAA Training) was founded. The company trains FTO (Flight Training Organization) and TRTO (Type Rating Training Organization) specialists. In 2007, JetMS was founded under the name FL Technics Jets. In 2007, Aviation Asset Management was founded (now known as AviaAM Leasing). In 2008, a charter airline called Small Planet Airlines was founded. Foundation The history of Avia Solutions Group began in 2005, when Lithuanian Airlines, the national airlines of Lithuania, was privatized. LAL investicijų valdymas acquired 100% of the airline shares for 7.53 million Euro. The airline was re-branded as FlyLAL and several companies were spun – out, including Baltic Ground Services (ground handling), FL Technics (aviation maintenance, repair, and operations), and Bilietų Pardavimo Centras (travel agency). In 2008, FlyLAL filed a lawsuit against Latvian carrier airBaltic, accusing airline of price dumping. In 2009, FlyLAL was forced to declare bankruptcy with around 29 million euros in debts after the government refused to bail the company out and a potential buyout deal fell through. In 2014, Court of Justice of the European Union allowed to arrest the property of airBaltic and Riga International Airport in order to ensure main proceedings, seeking legal redress for damage resulting from alleged infringements of European Union competition law in the FlyLAL lawsuit against airBaltic for price dumping. Expansion In the beginning, Avia Solutions Group covered three aviation business areas, including ground handling (Baltic Ground Services), aircraft maintenance (FL Technics) and travel services (Bilietu Pardavimo Centras). In December 2005, Bilietų Pardavimo Centras became a member of IATA and in November 2006, changed its