Avia Solutions Group is planning for increased maintenance expenses due to potential tariffs impacting its aircraft charter business.
The company is expected to transfer these additional costs onto airline passengers, which may affect ticket prices.
It operates in the European aviation market, focusing on short-term leasing of aircraft and crew to airlines.
The service is commonly utilised by airlines to enhance capacity during peak travel times.
Gediminas Žiemelis shared insights about the operational strategy and financial implications for the company moving forward.
