Completion Of Transaction: Avia Solutions Group Has Formed A Strategic Partnership With Certares Through A €300 Million Investment In The Group

Avia Solutions Group is pleased to announce it has entered into a strategic partnership with Certares Management LLC (together with its affiliates, "Certares"), a leading US-based investment specialist dedicated to the travel, tourism and hospitality sectors, with additional investment from Knighthead Capital Management, LLC, a US-based investment advisor that specializes in event driven opportunities ("Knighthead"). Certares and Knighthead, through certain funds and accounts, have provided a €300 million investment to Avia Solutions Group.