Avinode Group

Last updated
Avinode Group
Industry Business aviation
Founded2002
Headquarters,
Key people
Oliver King, CEO [1]

Avinode Group is a Swedish B2B technology company focused on business aviation. It specializes in operating the Avinode Marketplace, an online marketplace for private air charter.

Contents

History

Avinode was founded in 2002 by three Chalmers University of Technology graduates - Niklas Berg, Per Marthinsson, and Niclas Wennerholm. At this point in time, operators and brokers relied primarily on phone calls and faxes to source and schedule aircraft. Berg, Marthinsson, and Wennerholm created an online marketplace called the Avinode Marketplace, which quickly gained traction. [2] In 2010, Avinode acquired its US marketplace competitor, CharterX. [3] In 2014, Avinode was acquired by World Kinect Corporation. [4] As of 2018, an average of 7,000 aviation professionals use the system daily, approximately 3,200 aircraft are listed in the marketplace, and nearly 300,000 flight requests are processed monthly. [5] Roughly 80% of professionals in the business aviation industry use Avinode Group products. [6] In May 2024, the acquisition of Avinode by CAMP Systems International, Inc. took place, in turn a subsidiary of the Hearst Corporation. [7]

Suite of applications

Avinode Group consists of three applications serving different groups and purposes with business aviation. [8] [9]

References

  1. Doug Gollan (January 18, 2018). "2018 CEO BizAv Outlook: Aircraft Sales, Charter, Jet Cards, Pilot Shortages, Fuel Prices And Taxes". Forbes . Retrieved December 1, 2018.
  2. "Spin-off company from Chalmers will revolutionize executive air charter". www.chalmers.se. Retrieved 2018-10-22.
  3. "Avinode acquires CharterX". www.catalystreflection.com. Retrieved 2018-10-22.
  4. "Multi Service Technology Solutions buys Avinode". Corporate Jet Investor. Retrieved 2025-07-24.
  5. "INTERVIEW: Internal processes key for better air charter solutions, says SchedAero business chief". Flightglobal.com. 2016-07-19. Retrieved 2018-10-22.
  6. "Rise in online searches for brokers and operators powered by Avinode APIs | Corporate Jet Investor". corporatejetinvestor.com. Retrieved 2018-10-22.
  7. "CAMP Systems Acquires Avinode Group". www.aviationweek.com. Retrieved 2025-04-02.
  8. "Multi Service Technology Solutions buys Avinode - Corporate Jet Investor". www.corporatejetinvestor.com. 2014-12-22. Retrieved 2021-08-17.
  9. Donald, David. "Avinode Helps To Speed Air Charter Booking". Aviation International News. Retrieved 2021-08-17.