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Cargo Newswire

GetJet Airlines posts resilient 2025 results, outlines long-term growth and MRO expansion strategy

July 14, 2026
in Airlines
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GetJet Airlines has reported a solid financial performance for 2025, delivering stable revenue, improved profitability and continued investment in fleet renewal and technical infrastructure as part of its long-term growth strategy. The results were announced by the airline and align with its published financial update.

The Lithuanian ACMI and charter carrier generated €165 million in revenue during 2025, broadly in line with the €164 million recorded in 2024. EBITDA increased by nearly 20% to €13 million, up from €10.9 million a year earlier, while net profit reached €9.4 million, reflecting disciplined cost management and operational efficiency.

According to Inga Duglas, Chief Executive Officer of GetJet Airlines, the company’s performance underscores the value of measured and sustainable growth rather than rapid expansion.

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“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.”

Duglas added that maintaining a fleet of approximately 20 aircraft remains central to the airline’s business model, providing the flexibility to respond quickly to customer demand while preserving high operational and service standards.

International expansion and fleet renewal

During 2025, GetJet Airlines expanded its international footprint beyond Europe by securing new commercial partnerships with Etihad Airways and Eurowings, the latter part of the Lufthansa Group.

To support growing customer demand, the airline added six aircraft to its fleet, comprising five Airbus A320-200s and one Boeing 737-800. Following the expansion and fleet renewal programme, GetJet Airlines now operates 20 aircraft, consistent with its long-term fleet strategy.

Investing in technical capabilities

Looking ahead, the airline plans to reinvest its profits to strengthen resilience against expected market volatility in 2026 while continuing to enhance product quality and technical capabilities.

Duglas said the company remains focused on improving operational reliability through investments in fleet renewal, onboard services and maintenance infrastructure.

“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.”

A key element of this strategy is the development of a €10 million maintenance, repair and overhaul (MRO) facility at Vilnius International Airport, following the acquisition of a long-term land lease. The new facility will complement continued investment in the group’s maintenance base at Šiauliai International Airport, supporting GetJet’s objective of increasing technical self-sufficiency and reducing reliance on third-party maintenance providers.

Financial backing supports future growth

The group’s long-term expansion plans have also been reinforced by growing confidence from financial institutions.

According to Darius Viltrakis, Chief Executive Officer of GetJet Group, the company secured US$31 million in external financing from Volofin Capital Management Ltd. in April 2026. The funding will support aircraft renewal programmes alongside the continued development of the group’s 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.”

With steady financial performance, strategic fleet investments and expanded maintenance capabilities, GetJet Airlines is positioning itself for sustainable growth while strengthening its competitiveness in the ACMI, charter and aviation services markets.

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Devender Grover

Devender Grover

Devender was born in the year when the Beatles Group was formed. He holds two master’s degrees in English Literature and Public Administration. He also has an Honors degree in English Literature and a post-graduate diploma in Corporate Communications and Public Relations. He was closely associated with the Indian State Transport Undertakings and Ministry of Transport in his role as Corporate Communications and PR specialist for over two decades handling domestic and international organizations. He ventured into business forming his own Media House, Profiles Media Network Private Limited which is now a twenty years old company. Excelling as an editor, Marketing, PR, Anchor, and Advertising specialist, he is now expertly navigating the world of social media. A widely traveled professional internationally, Devender has a deep understanding of the Air Cargo, Cargo Business, Cargo Airports, Freighters and Cargo Industry at large.

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