GetJet Airlines reports €165 million revenue and €13 million EBITDA, reinvests profits to strengthen resilience amid market volatility

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GetJet Airlines delivered stable financial results in 2025. The company generated €165 million in revenue (2024: €164 million), while EBITDA increased by nearly 20%, from €10.9 million to €13 million. Net profit reached €9.4 million.

According to Inga Duglas, CEO of GetJet Airlines, the company’s stable performance reflects its disciplined approach to growth:

“2025 confirmed the strength of our strategy. We have always focused on building the business responsibly — not by growing fast, but by growing strong. We have expanded our operations in line with performance, taken a prudent approach to financing fleet growth, and continuously improved efficiency. This has enabled us to navigate market volatility while maintaining financial resilience.

Throughout our history, we have found that a fleet of around 20 aircraft represents the optimal scale for our business. It allows us to remain agile — responding quickly to changing customer and market needs while maintaining consistently high service standards,” said Inga Duglas.

In 2025, GetJet Airlines strengthened its presence beyond the European Union, particularly in the Middle East. The airline secured a partnership with Etihad Airways and, more recently, a long-term agreement with Eurowings, part of the Lufthansa Group.

To support its expanding customer portfolio, GetJet Airlines added six aircraft to its fleet—five Airbus A320-200 aircraft and one Boeing 737-800. Following the fleet renewal, the airline currently operates a fleet of 20 aircraft, consistent with its long-term strategy.

Reinvesting Profits to Buffer 2026 Market Volatility and Invest in Quality and Technical Capabilities

According to Duglas, GetJet Airlines will reinvest its profits to strengthen the company’s ability to absorb expected market volatility in 2026, with a focus on enhancing its overall product offering and, over the longer term, strengthening the company’s technical capabilities and reducing reliance on external maintenance providers.

“We expect the aviation market to remain volatile in 2026, so our priority is to ensure that the business is well positioned to navigate changing market conditions. In today’s market, quality and reliability are becoming the key differentiators. That’s why we continue to strengthen our service offering by investing across the business—from fleet renewal and onboard service to technical capabilities and in-house MRO capacity,” said Inga Duglas.

Last year, GetJet Airlines secured a long-term land lease at Vilnius International Airport, where the company will invest €10 million in a new state-of-the-art MRO facility. Alongside this development, the group will continue investing in its maintenance base at Šiauliai International Airport, which serves as the primary in-house maintenance hub for GetJet Airlines and supports the group’s long-term objective of greater technical independence.

Growing Confidence from Financial Partners

According to Darius Viltrakis, CEO of GetJet Group, one of the group’s most significant achievements in recent years has been the growing trust and support of financial partners.

In April 2026, GetJet Group secured US$31 million in external financing from Volofin Capital Management Ltd. The funding supports the group’s Growth Strategy, including the renewal of the aircraft and the continued expansion of its aviation asset management and aircraft component trading businesses.

“Today, we are seeing increasing interest from financial institutions and major European banks. Their support reflects confidence in our operational performance, disciplined business model, and long-term growth strategy,” said Darius Viltrakis, CEO of GetJet Group.

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