New York Equity Firm Invests in Avia Solutions Group
Avia Solutions Group has received a $354 million structured equity investment from Certares Management.

New York-based Certares Management is making a €300 million ($354 million) structured equity investment in Avia Solutions Group (ASG), a provider of business and commercial aviation services. ASG will use the investment to pursue its growth plans in passenger and cargo aviation, maintenance and engineering, crew training, ground handling, and logistics. That includes growth through strategic acquisitions. In addition, ASG will use the funds for capital expenditures and general corporate purposes.