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Avia Solutions Group
Avia Solutions Group is a provider of aviation capacity solutions for passenger and cargo airlines worldwide. Headquartered in Vilnius (Lithuania), the group manages over 100 offices and production facilities globally and employs a majority of its employees in Europe. In 2022, Avia Solutions Group manages a fleet of 163 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 Tra ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Vilnius International Airport
Vilnius Airport ( lt, Vilniaus oro uostas) is the international airport of Vilnius, the capital of Lithuania. It is located south of the city. It is the largest of the three commercial airports in Lithuania by passenger traffic. With one runway and 5 million passengers a year. Vilnius International Airport serves as a base for airBaltic, Ryanair, and Wizz Air. The airport is managed by state-owned enterprise Lithuanian Airports under the Ministry of Transport and Communications. History Early years The airport began operations on 17 August 1932 as Wilno–Porubanek, Porubanek was the name of the neighbouring village which today is part of the Kirtimai district of Vilnius. Before World War II, it operated the then-domestic route between Wilno (Vilnius) and Warsaw as well as international route to Riga. Since 15 April 1939, it inaugurated a new route to Kovno (nowadays Kaunas). The airport was used as a military airfield during WWII. The airport resumed its activity as a civil a ...
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Robinson Helicopter Company
The Robinson Helicopter Company, based at Zamperini Field in Torrance, California, is a manufacturer of civil helicopters. Robinson produces three models – the two-seat R22, the four-seat R44, both of which use Lycoming piston engines, and the five-seat R66, which uses a turbine engine. History The company was founded in 1973 by Frank Robinson, a former employee of Bell Helicopter and Hughes Helicopters. Since delivering its first helicopter in 1979, Robinson Helicopter has produced over 12,000 aircraft. Plans for production of the Robinson R66 were announced in March 2007. It is a five-seat helicopter of similar configuration to the R44, but with the addition of a luggage compartment, wider cabin (by ), and powered by a Rolls-Royce RR300 gas turbine engine. In 2013, Robinson was the global market leader, selling 523 light helicopters, a 1% increase from 2012. However the production in 2014 was 329 aircraft. In 2015, Robinson produces one R22, 4-5 R44 and 1-2 R66 per wee ...
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Rotorcraft
A rotorcraft or rotary-wing aircraft is a heavier-than-air aircraft with rotary wings or rotor blades, which generate lift by rotating around a vertical mast. Several rotor blades mounted on a single mast are referred to as a rotor. The International Civil Aviation Organization (ICAO) defines a rotorcraft as "supported in flight by the reactions of the air on one or more rotors". Rotorcraft generally include aircraft where one or more rotors provide lift throughout the entire flight, such as helicopters, autogyros, and gyrodynes. Compound rotorcraft augment the rotor with additional thrust engines, propellers, or static lifting surfaces. Some types, such as helicopters are capable of vertical takeoff and landing. An aircraft which uses rotor lift for vertical flight but changes to solely fixed-wing lift in horizontal flight is not a rotorcraft but a convertiplane. Classes of rotorcraft Helicopter A helicopter is a rotorcraft whose rotors are driven by the engine(s) throughout ...
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European Aviation Safety Agency
The European Union Aviation Safety Agency (EASA) is an agency of the European Union (EU) with responsibility for civil aviation safety. It carries out certification, regulation and standardisation and also performs investigation and monitoring. It collects and analyses safety data, drafts and advises on safety legislation and co-ordinates with similar organisations in other parts of the world. The idea of a European-level aviation safety authority goes back to 1996, but the agency was legally established only in 2002; it began its work in 2003. History Based in Cologne, Germany, the agency was created on 15 July 2002 as the "European Aviation Safety Agency", and reached full functionality in 2008, taking over functions of the Joint Aviation Authorities. It was renamed the "European Union Aviation Safety Agency" in 2018. European Free Trade Association countries participate in the agency. The United Kingdom was a member until the end of the Brexit transition period on 31 Decem ...
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Airbus A320 Family
The Airbus A320 family is a series of narrow-body airliners developed and produced by Airbus. The A320 was launched in March 1984, first flew on 22 February 1987, and was introduced in April 1988 by Air France. The first member of the family was followed by the longer A321 (first delivered in January 1994), the shorter A319 (April 1996), and the even shorter A318 (July 2003). Final assembly takes place in Toulouse in France; Hamburg in Germany; Tianjin in China since 2009; and in Mobile, Alabama in the United States since April 2016. The twinjet has a six-abreast cross-section and is powered by either CFM56 or IAE V2500 turbofans, except the CFM56/PW6000 powered A318. The family pioneered the use of digital fly-by-wire and side-stick flight controls in airliners. Variants offer maximum take-off weights from , to cover a range. The 31.4 m (103 ft) long A318 typically accommodates 107 to 132 passengers. The 124-156 seat A319 is 33.8 m (111 ft) long. Th ...
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Baltic Aviation Academy
BAA Training (the former Baltic Aviation Academy and a subsidiary of Avia Solutions Group) is an aviation training centre, headquartered in Vilnius, Lithuania and operating globally. Certified as an Approved Training Organization (ATO), BAA Training offers Fixed or Rotary wing Ab Initio, Type Rating, Cabin Crew, Ground Handling, Flight Dispatcher training including online training courses and has a capacity to prepare approximately 1,000 aviation professionals yearly. BAA Training clients come from 96 countries. Ab Initio school with its two flight bases in Spain and the fleet of 22 aircraft has over 200 students. Currently, BAA Training operates 8 full flight simulators (FFS): 4 FFS at training centre in Vilnius, Lithuania, 2 FFS in Hoh Chi Minh City, Vietnam, 1 FFS in Zhengzhou City in China, 2 FFS in Barcelona, Spain. All in all, through the extensive network of 69+ FFS in 29+ locations, BAA Training is ready to provide aviation training worldwide for more than 14 aircraft types ...
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International Air Transport Association
The International Air Transport Association (IATA ) is a trade association of the world's airlines founded in 1945. IATA has been described as a cartel since, in addition to setting technical standards for airlines, IATA also organized tariff conferences that served as a forum for price fixing. Consisting in 2016 of 290 airlines, primarily major carriers, representing 117 countries, the IATA's member airlines account for carrying approximately 82% of total available seat miles air traffic. IATA supports airline activity and helps formulate industry policy and standards. It is headquartered in Canada in the city of Montréal, with executive offices in Geneva, Switzerland. History IATA was formed in April 1945 in Havana, Cuba. It is the successor to the International Air Traffic Association, which was formed in 1919 at The Hague, Netherlands. At its founding, IATA consisted of 57 airlines from 31 countries. Much of IATA's early work was technical and IATA provided input to the ...
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BPC Travel
BPC may refer to: *Bangladesh Parjatan Corporation, a government tourism organization of Bangladesh *''Bâtiment de projection et de commandement'' (projection and command ship), the ''Mistral'' class of amphibious assault ships *Battery Park City, a neighborhood in New York City *Bible Presbyterian Church, an American Protestant denomination * Bits per component (or per channel, or per color), bpc, defining color depth *Blais Proteomic Center, Molecular Biology Core Facilities, at Dana–Farber Cancer Institute *British Phosphate Commission *Bournemouth and Poole College, England *BPC (time signal), a low frequency time code time signal from China *BPitch Control, a German record label *Brewton–Parker College, Mount Vernon, Georgia, U.S. *British Patient Capital, a subsidiary of the British Business Bank *British Pharmaceutical Codex, supplementing the ''British Pharmacopoeia'' *British Pharmacopoeia Commission, responsible for the ''British Pharmacopoeia'' *British Phosphate C ...
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European Court Of Justice
The European Court of Justice (ECJ, french: Cour de Justice européenne), formally just the Court of Justice, is the supreme court of the European Union in matters of European Union law. As a part of the Court of Justice of the European Union, it is tasked with interpreting EU law and ensuring its uniform application across all EU member states under Article 263 of the Treaty of the Functioning of the European Union (TFEU). The Court was established in 1952, and is based in Luxembourg. It is composed of one judge per member state – currently – although it normally hears cases in panels of three, five or fifteen judges. The Court has been led by president Koen Lenaerts since 2015. The ECJ is the highest court of the European Union in matters of Union law, but not national law. It is not possible to appeal against the decisions of national courts in the ECJ, but rather national courts refer questions of EU law to the ECJ. However, it is ultimately for the national court ...
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Dumping (pricing Policy)
Dumping, in economics, is a kind of injuring pricing, especially in the context of international trade. It occurs when manufacturers export a product to another country at a price below the normal price with an injuring effect. The objective of dumping is to increase market share in a foreign market by driving out competition and thereby create a monopoly situation where the exporter will be able to unilaterally dictate price and quality of the product. Trade treaties might include mechanisms to alleviate problems related to dumping, such as countervailing duty penalties and anti-dumping statutes. Overview A standard technical definition of dumping is the act of charging a lower price for the like product in a foreign market than the normal value of the product, for example the price of the same product in a domestic market of the exporter or in a third country market. This is often referred to as selling at less than "normal value" on the same level of trade in the ordinary cours ...
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AirBaltic
airBaltic, legally incorporated as AS Air Baltic Corporation, is the flag carrier of Latvia, with its head office on the grounds of Riga International Airport in Mārupe municipality near Riga. Its main hub is Riga, and it operates bases in Tallinn, Vilnius and Tampere. History Early history Baltic International Airlines (BIA) was a Latvian and US joint venture company owned by SIA Baltic International Airlines whose main airport was Riga International Airport . It was founded in June 1992, after the US-based private company Baltic International USA (BIUSA) failed to buy a part of the state-owned Latvian national airline Latavio. In the joint venture, the Latvian government owned 60%, while BIUSA owned 40% of the property. After unsuccessful privatization attempts, Latavio was declared insolvent from October 1995. It was liquidated and the Latvian government together with the Latvian-US joint stock company Baltic International Airlines created a new national airline airBa ...
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