ASL Aviation Holdings

Last updated

ASL Aviation Holdings
FormerlyASL Aviation Group
Company typeDesignated activity company
IndustryAviation services
Founded1970
Headquarters
Dublin, Ireland
Number of locations
26 Companies including aircraft leasing entities
Area served
Worldwide
Key people
  • Dave Andrew (Chief Executive)
  • Colin Grant (chief operating officer)
  • Mark O'Kelly (chief financial officer)
Number of employees
3,000
Subsidiaries
Website https://www.aslaviationholdings.com/

ASL Aviation Holdings DAC (ASL), formerly the ASL Aviation Group, is an aviation services holding company focused on cargo and passenger airline operations, aircraft leasing and maintenance and aircraft parts support, based in Dublin, Ireland. [1] Today, ASL has eight airlines in Europe, South Africa, Asia and Australia, consisting of ASL Airlines Ireland, ASL Airlines Belgium, ASL Airlines France, ASL Airlines United Kingdom in Europe, ASL Airlines Australia, formally Pionair Australia in Australia and joint venture and associate airlines FlySafair in South Africa, K-Mile Asia in Thailand and Quikjet Airlines in India. [2]

Contents

ASL also has various aircraft maintenance and aircraft support companies – ASL Maintenance (formally X-air services), ASL Airlines Services Switzerland and ASL Airlines Hungary.

In 2022, the company reported a profit of €46.6 million in 2021 revenues of €1.13 billion. [3]

History

The group began with Safair Freighters, founded in South Africa in 1970, which with Safmarine acquired Tropair. Meanwhile, in the United Kingdom in 1972, Air Bridge Carriers was established. In September 1992, the company was renamed Hunting Cargo Airlines and in 1997 all airline operations were transferred to Ireland. In 1994, Safair Freighters was renamed Safair and as a result of the Hunting Group's sale of its aviation-related companies in June 1998 to the joint consortium of Compagnie Maritime Belge/Safair (party of the Imperial Group), the airline was rebranded the company as Air Contractors.

The Imperial Group transferred its shares in the company to 3P Air Freighters in 2007. Air Contractors acquired French carrier Europe Airpost on 14 March 2008. [4] Following the acquisition of EAP into the ASL group of companies, the group was rebranded ASL Aviation Group, representing the three core activities of the group; Airlines, Support and Leasing.

In 2010, the acquisition of the Safair Group was finalised and in 2013 Safair introduced a broad-based black economic empowerment programme, allowing ASL to retain a minority share in the company.

Low-cost airline FlySafair was established by Safair in 2013. On 4 December 2014, the company acquired the Farnair Group in Switzerland. [5]

On 4 June 2015, ASL Aviation Group announced that Air Contractors would be rebranded as ASL Airlines Ireland, Europe Airpost as ASL Airlines France, Farnair Hungary as ASL Airlines Hungary and Farnair Switzerland as ASL Airlines Switzerland. [6]

The company acquired TNT Airways and PAN Air on 12 February 2016 and became ASL Airlines Belgium and ASL Airlines Spain. [7]

In 2017, ASL Aviation Group was renamed to ASL Aviation Holdings. ASL Airlines Switzerland ceased airline operations on 1 February 2018, [8] while ASL Airlines Spain ceased all operations in August 2018. [9]

On 4 June 2019, STAR Capital Partnership became the 100% shareholder in the company. [10] In 2021, ASL Airlines United Kingdom was launched. [11]

In 2021, the company reported profits of €43.6m after tax and revenue of €1,131.5m with cash reserves increasing to 46.3% year on year to €192.2m. [3]

ASL acquired 100% ownership of ASL Maintenance (formally X-air services) on 9 August 2022. [12] The company was previously jointly-owned on a fifty-fifty based by ASL and Sabena technics.

In December 2022, the company re-launched joint-venture airline Quikjet Airlines with the renewal of a new air operators certificate and the delivery of its first Boeing 737-800BCF. [13] On 9 January 2023, Quikjet relaunched operations in India with a second Boeing 737-800BCF operating on behalf of Amazon Air. [14]

On 4 March 2023, the company acquired Australian airline Pionair and rebranded it ASL Airlines Australia. [15] [16]

Operations

ASL Airlines operates ACMI services on charter cargo transport services on behalf of express integrators and online retailers such as FedEx Express, Amazon Air, UPS and DHL. ASL aircraft operate scheduled and charter cargo services under the brand ASL Airlines on routes in Europe, Asia, the Middle East, North America and Africa. [2] These include ASL Airlines Belgium, ASL Airlines France, ASL Airlines Ireland, ASL Airlines United Kingdom, ASL Airlines Australia, K-Mile Asia, and Safair.

ASL Airlines France and FlySafair are the company's scheduled passenger services, based in Europe and South Africa respectively. [2]

ASL has a leasing division, focusing cargo aircraft leasing and sales options to operators. [2]

The company has two maintenance and aircraft parts support subsidiaries, ASL Maintenance and ASL Airlines Services Switzerland

Fleet

The company has a global fleet of 152 aircraft. As of July 2024 the fleet consists of: [17]

ASL Airlines Fleet – July 2024
AircraftTypeIn FleetOperated By
ATR 72–500 Freighter3 ASL Airlines Ireland
ATR 72–600 Freighter9 ASL Airlines Ireland
Airbus A300-600 Freighter6 ASL Airlines Ireland
Boeing 737-300 Passenger1 Safair
Boeing 737-300QC Passenger/Freighter (Quick Change)2 ASL Airlines France
Boeing 737-400 Passenger5 FlySafair
Boeing 737-400C Passenger & Freighter (Combi)1 Safair
Boeing 737-400SF Freighter27 ASL Airlines Ireland, ASL Airlines France, K-Mile Air, ASL Airlines Belgium
Boeing 737-700 Passenger1 ASL Airlines France
Boeing 737-800 Passenger32 ASL Airlines France, FlySafair
Boeing 737-800SF Freighter47 ASL Airlines Ireland, ASL Airlines Belgium, ASL Airlines France, ASL Airlines United Kingdom, K-Mile Air, Pionair Australia, Quikjet Airlines
Boeing 747-400F, 400ERF Freighter5 ASL Airlines Belgium
Bae 146-200/RJ85, Bae 146-300/RJ100 Passenger & Freighter10 Pionair Australia
Embraer 190-E2 Passenger1 Pionair Australia

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<span class="mw-page-title-main">ASL Airlines Hungary</span>

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<span class="mw-page-title-main">ASL Airlines Ireland</span> Irish cargo airline

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References

  1. ↑ "ASL Aviation Holdings Airline Group Profile". centreforaviation.com. Retrieved 2 August 2023.
  2. 1 2 3 4 "ASL Aviation Holdings Airline Group Profile". centreforaviation.com. Retrieved 14 August 2023.
  3. 1 2 Dunn, Graham (20 September 2022). "Freight lift helps ASL boost 2021 revenues by 25%". FlightGlobal . Retrieved 14 August 2023.
  4. ↑ "Press Release: Acquisition of Europe Air Post by Air Contractors". Air Contractors. 14 March 2008. Archived from the original on 8 July 2009. Retrieved 3 August 2009.
  5. ↑ "ASL Aviation Group complete acquisition of Farnair". FlyingInIreland.com. 25 February 2015. Retrieved 2 August 2023.
  6. ↑ "Ireland based ASL Aviation Group is to launch a new European airline brand, ASL Airlines, as part of its strategy for continued growth in passenger and cargo operations". ASL Aviation Group. Archived from the original on 8 November 2017. Retrieved 2 August 2023.
  7. ↑ Hamill, Laura (12 February 2016). "ASL Aviation Group acquire TNT and Pan Air Lineas Aereas". Aviation Week & Space Technology . Retrieved 2 August 2023.
  8. ↑ "ASL Airlines Switzerland concludes flight operations". ch-aviation.com. 2 February 2018. Retrieved 2 August 2023.
  9. ↑ "ASL Airlines Spain on ch-aviation". ch-aviation. Retrieved 2 August 2023.
  10. ↑ "STAR Capital Completes Acquisition of ASL". Aviator. 5 June 2019. Retrieved 2 August 2023.
  11. ↑ Drum, Bruce (31 March 2021). "ASL Airlines UK commences operations". World Airline News. Retrieved 2 August 2023.
  12. ↑ Dunn2022-08-09T15:46:00+01:00, Graham. "ASL takes full control of maintenance firm X-air Services". Flight Global. Retrieved 14 August 2023.{{cite web}}: CS1 maint: numeric names: authors list (link)
  13. ↑ "India's QuikJet Airlines to resume flying with a B737-800BCF". ch-aviation.com. 12 December 2022. Retrieved 14 August 2023.
  14. ↑ Shah, Aditi; Mandayam, Nandan (23 January 2023). "Amazon launches dedicated air cargo service in India as online sales soar". Reuters. Retrieved 14 August 2023.
  15. ↑ Kulisch, Eric (5 April 2023). "FedEx airfreight partner ASL Aviation acquires Australia's Pionair". FreightWaves. Retrieved 14 August 2023.
  16. ↑ In Brief Airliner World June 2023 page 17
  17. ↑ "ASL Aviation Holdings". planespotters.net. Retrieved 14 August 2023.
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