Vilnius, Lithuania, Sept. 3 – Avia Solutions Group’s first-half loss tops €110m as the aviation holding company posted challenging financial results for the six months ended June 2026. The world’s largest ACMI provider recorded the deficit amid seasonal demand patterns, fleet capacity adjustments and continued pressure on profitability after a difficult prior year. Revenue streams from logistics and distribution services, aircraft leasing and support operations remained active yet insufficient to offset elevated costs including depreciation, employee expenses and finance charges during the period.
The group also disclosed liquidation of interior completions subsidiaries in July 2026 as part of portfolio streamlining. This step followed earlier divestments and focused the business on core ACMI, MRO, ground handling and aircraft asset management activities across six continents. European MRO capacity had expanded earlier through hangar acquisitions while operational fleet size underwent planned reductions to align with weaker order visibility and geopolitical factors affecting summer demand.
Financial metrics highlighted ongoing execution risks around profitability recovery. Net finance costs and impairment provisions contributed to the first-half loss topping €110m even as certain segments such as ground handling and brokerage showed relative resilience. Liquidity was supported by aircraft asset sales and available facilities, with lease liabilities targeted for further decline through early redeliveries.
Avia Solutions Group continues operations as a major outsourced capacity solutions provider serving commercial aviation globally. The first-half 2026 results underscore the need for disciplined capital allocation and operational efficiency in a volatile market environment marked by fuel price fluctuations and capacity realignment. Investors and industry observers will monitor second-half performance for signs of improved EBITDAR generation and cash flow stability.