GetJet secures $31M financing from volofin to expand fleet and asset management operations

Publicity picture

GetJet has secured $31 million in external financing from London-based volofin Capital Management Ltd. The capital injection accelerates the GetJet Group Growth Strategy 2026, focused on fleet expansion and the scaling of aviation asset management capabilities.

The funding facilitates the acquisition of up to five additional narrow-body aircraft, scheduled to integrate into the fleet by Q2 2026. This expansion directly addresses a robust client pipeline and surging demand for ACMI services.

“This financing reflects the confidence leading finance partners have in our operational performance,” said Darius Viltrakis, CEO of GetJet Group. “We are scaling to meet the immediate needs of our airline partners, ensuring we have the capacity ready as demand accelerates.”

Adam Kubas, Director at volofin Capital Management, commented: “We are very pleased to be working with the GetJet team on its fleet financing. We look forward to continuing to work closely together on future opportunities by providing tailored asset-based financing.”

GetJet Airlines recently announced new contracts with Eurowings and Etihad Airways and continues to operate for airlines including Air Senegal and Wizz Air. During the previous summer season, the carrier also supported national airlines such as Royal Air Jordanian and TAP Portugal.

The financing will also support the development of the Group’s aviation asset management and component trading segment through its affiliated company, Airhub Aviation. The company is a leading aircraft transition and end-of-life asset manager in Northern and Central Europe, managing an aviation asset portfolio valued at €200 million and operating an MRO hangar at Šiauliai International Airport (SQQ), Lithuania.

Share this article

related News

EURO

Trending

Tallinn

loader-image
temperature icon 6°C
overcast clouds
Wind Gust: 0 Km/h
Clouds: 100%

Riga

loader-image
temperature icon 6°C
broken clouds
Wind Gust: 0 Km/h
Clouds: 75%

Vilnius

loader-image
temperature icon 4°C
light rain
Wind Gust: 0 Km/h
Clouds: 100%