50 SKY SHADES - World aviation news

Sevenair Group announces the closing of 2021 fiscal year with substantial growth

Download: Printable PDF Date: 10 Aug 2022 14:42 (UTC) categories:
Publisher:
Sevenair Group announces the closing of 2021 fiscal year with substantial growth - Finance publisher
Dana Ermolenko
Aircraft: Airplanes

Sevenair Group announced oficial financial results of 2021 which registered an increase of 37% of revenue and an EBITDA increase of 263%.

“2021 was a year where all industries were still much affected by the pandemic and in particular the aviation industry and considering that is with a lot of pride that we see these results. They are fruit of the coninuous efforts of all that integrate our companies and are part of Sevenair family.”

We must highlight the performance of Sevenair Academy, the groups division fully dedicated to aviation training with a specialfocus on pilot training. Having grown year on year since 2017 and 18% in 2020, the results of 2021 couldn’t be better. Revenues increased and the EBITDA increased 261% for over €2 million Euros.

These results give us the confidence to proceed on the current path and with the future projects we have idealized. They also show us that we have followed a mostly correct path so far.

We also believe that is a very positive sign to all that want to pursue training or other services with us to see the financial stability we have and which can guarantee them that we are solid and a valued partner to trust.





Recommended

Hawker fleet gains next‑generation Starlink connectivity through Textron Aviation’s customer support infrastructure

Textron Aviation announced that Starlink’s high‑speed internet solution is now available for Hawker 700, 800 and 900 series aircraft, following the Federal Aviation Administration’s a...

La Compagnie to introduce nonstop all-business-class service between New York and Düsseldorf

La Compagnie, the 100% Smart Business Class airline, today announced its intention to inaugurate a new nonstop transatlantic route linking Newark Liberty International Airport (EWR) and Düsseldor...

AIRCAIRO places order for 15 Airbus A320neo aircraft

AIRCAIRO, Egypt’s National growing Air-carrier, has signed a firm order for 15 Airbus A320neo aircraft at the El Alamein International Airshow 2026. The agreement marks an important mi...

Vista House makes exclusive Asia debut amid Formula 1 Singapore Grand Prix excitement

Vista is set to debut its signature hospitality concept, Vista House, in Singapore, elevating one of Asia’s most anticipated sporting weekends with a refined, members‑only experience. Conceived...

Android Apps development in Riga, Latvia