Tag: Gediminas Ziemelis

Gediminas Ziemelis: 10 big challenges for passenger aviation sustainability for the next 3 years

Ensuring sustainable operations has become a primary driver for aviation businesses in recent years. Nonetheless, this dynamic industry faces a multitude of challenges that can impede companies' efforts to enhance profitability. While several factors contribute to the aviation industry's struggles, ...

Gediminas Ziemelis: 10 big challenges for passenger aviation sustainability for the next 3 years

Chairman of Avia Solutions Group Gediminas Ziemelis: 10 big challenges for passenger aviation sustainability for the next 3 years Ensuring sustainable operations has become a primary driver for aviation businesses in recent years. Nonetheless, this dynamic industry faces a multitude of challenges...

Hydrogen aircraft market anticipated to reach $174.02 billion by 2040

Chairman of the Board of Avia Solutions Group Gediminas Ziemelis addresses the potential of hydrogen aircraft in commercial aviation: "For quite some time already, sustainability has been a top topic in amongst aviation professionals. While many companies in the aviation industry focus on opt...

The true scale of COVID-19 pandemic – losses of US$17.45 billion per month

By Gediminas Ziemelis Since March 2020, airlines have been fighting a battle against all odds. Even with the industry exhibiting some signs of recovery, the true test of survival is not over yet. With IATA predicting US$419 billion in lost revenue and US$84.3 billion in losses, airlines are ce...

Gediminas Ziemelis: New IFRS for airlines with provisions for virus impact?

In the last 10 years, the world faced two viruses with great amount of deaths, panic of consumers and impact on airline businesses and global economy. In 2009, 575 000 people died from swine flu pandemic, and from 2019 until now, 330 000 people died from COVID-19 (full table of all significant viru...

Gediminas Ziemelis: US$252 billion aviation revenue losses

The recent outbreak of COVID-19 has sent aviation industry into a nosedive. With project revenue losses for airlines in 2020 estimated to be around US$252 billion, for some the future of the industry may look bleak. The novel coronavirus has shaken up airlines’ schedules all around the globe. ...

Gediminas Ziemelis: The Air in a Plane Is Filtered And 99.97% Sterile

According to the studies of the European Aviation Safety Agency  the air in the aircraft is changed every 2-3 minutes and the filters it goes through are able to eliminate even coronavirus. Gediminas Ziemelis The main question nowadays, at the time of global coronavirus outbreak, is whether...

Gediminas Ziemelis: 7 Facts About Aviation Industry That Will Open Your Eyes

Aviation is amongst the greatest achievements in the modern human history. It connects the world and pushes globalization by allowing people to travel around the world and delivering cargo in short periods of time. Airplanes themselves are marvels of engineering, showing how far humanity has come a...

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