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

ATR identifies demand for 209 new domestic air routes in Indonesia

ATR identified 209 new domestic air routes in Indonesia that would be economically viable if served by regional turboprop aircraft. Total demand for these routes is 16 million passengers per...

FAI strengthens long-range charter fleet with second Global 6000 in a year

FAI rent-a-jet has further strengthened its fleet with the addition of a Bombardier Global 6000 (D-AFAN, MSN 9471). The acquisition was completed just five weeks after the LOI was signed, underli...

EHang launches Global Fast Track Program to accelerate international commercialization of pilotless eVTOL; Sri Lanka first to adopt

EHang launches its Global Fast Track Program — a structured and accelerated pathway for the assessment and introduction of pilotless eVTOL operations in international markets. Sri Lanka is...

Textron Aviation celebrates 500th Cessna Citation CJ4 delivery as Gen3 era advances

Textron Aviation delivered the 500th delivery of a Cessna Citation CJ4 series business jet, underscoring more than a decade of customer confidence in the company’s largest light jet an...

Android Apps development in Riga, Latvia