Investment Portfolio

Aerospace Solutions Group is a dedicated investment vehicle for global aviation projects, founded by Gediminas Ziemelis, who is also its majority shareholder. Another Ziemelis’ notable investment is Avia Solutions Group, the world’s largest ACMI (Aircraft, Crew, Maintenance, and Insurance) provider.

Avia Solutions Group operates a fleet of 142 aircraft and holds 11 Air Operator Certificates (AOC) across six continents. Supported by a team of 11,000 professionals, it oversees more than 250 subsidiaries, including Avion Express, Ascend Airways, BBN Indonesia Airlines, and KlasJet. In addition to ACMI services, Avia Solutions Group delivers a wide range of aviation solutions, such as MRO (Maintenance, Repair, and Overhaul), pilot and crew training, ground handling, and other related services.

One of Avia Solutions Group’s latest initiatives, NorSAF, is helping drive the development of Sustainable Aviation Fuel (SAF) and Synthetic SAF (eSAF) across the Baltics and Scandinavia.

Our Portfolio

Avia Solutions Group

Avia Solutions Group, the world’s largest ACMI (Aircraft, Crew, Maintenance, and Insurance) provider, operates a fleet of 142 aircraft on 6 continents. The group also provides a range of aviation services: MRO (Maintenance, Repair, and Overhaul), pilot and crew training, ground handling, as well as a variety of associated aviation services.

www.aviasg.com

WOLF Holding

Waypoint Operating Lease and Finance (WOLF) Holding is an aviation-focused investment manager supported by the operational capabilities of Avia Solutions Group’s airlines, maintenance and repair organizations, and related services. Through WOLF Holding’s preferential access to Avia Solutions Group’s global network, the company is able to enhance the quality of its investment decisions, mitigate risks, and lower transition costs, ultimately safeguarding strong and consistent returns for its investors.

https://wolfholding.aero/

FITSOUT

The FITSOUT group operates one of Europe’s newest and largest bespoke furniture manufacturing facilities. Its 20,180 sq. m production centre brings together advanced wood, metal, and acrylic fabrication technologies, supported by LEAN principles, ISO standards, and an innovative ERP management system. Located in Kaunas, Lithuania, the facility benefits from a strategically central position in Europe, enabling efficient logistics and delivery to virtually any European destination within 2 to 5 days.

https://fitsout.com/

Ilsanta

Ilsanta is a wholesale medical company supplying a wide range of medical devices, medical equipment, and disposables to hospitals and healthcare centres in Latvia, Lithuania, and Estonia. It was founded in 1993 and has offices in Riga, Vilnius and Tallinn.

https://www.ilsanta.lt/

Nordic Metrology Science

Nordic Metrology Science, founded in 1919, is one of the oldest metrology companies in Lithuania. It adheres to the highest national and international standards and provides a wide variety of reliable metrology services, including verification, testing, and calibration.

https://nordicmetrology.com/

OrbitronAI

OrbitronAI is a technology venture focused on developing advanced artificial intelligence solutions for modern business operations. The company specializes in automation, predictive analytics, and intelligent data processing, helping organizations enhance efficiency, reduce operational friction, and improve decision making. By combining cutting-edge machine learning with practical industry applications, OrbitronAI delivers scalable tools that support long-term digital transformation.

https://orbitronai.com/

Lydia Bedding

Lydia Bedding is a B2B home lifestyle brand known for producing high-quality, comfortable, and thoughtfully designed bedding products. The company emphasizes natural materials, refined craftsmanship, and modern aesthetics to create bedding that elevates sleep quality and adds a touch of elegance to the home.

https://lydiabeds.com/

Real Estate

For many years, Aerospace Solutions Group has leveraged its deep expertise and substantial resources to strategically invest in high-potential real estate opportunities. Spanning a wide range of asset types, from aircraft hangars and ground handling facilities to broader airport infrastructure, hotels, offices, commercial properties and arenas, the group takes pride in its broad and diverse real estate portfolio.

https://aviasg.com/