Avion Express Philippines has been launched in the country as a new player in the aviation sector.
Its business is to offer aircraft for lease to airlines to address the growing travel demand in the country.
Avion Express is under the Avia Solutions Group which has over 200 aircraft globally.
The Philippine unit plans to own at least two aircraft this year which will be registered in the Philippines. It targets three planes per year and at least 15 aircraft in the next 5 years.
Avion Express Philippines CEO Rene Philip Banzon said they have already talked to various local carriers.
But Banzon said the local airlines previously would lease from foreign carriers, now they can do so with a local company with local crew members. And the process would be quicker and airlines may also decide to repaint or reconfigure the jet or not.
Though they will have only two planes this year, Banzon said if demand grows, they can always get aircraft from the mother company.
https://www.abs-cbn.com/news/business/2025/2/20/aircraft-lease-firm-opens-unit-in-ph-2310