Profile Of Gediminas Ziemelis, Owner Of BBN Airlines Who Becomes A New Competitor In The Indonesian Aviation Industry

Gediminas Zeimelis (photo: Avia Solutions Group)

YOGYAKARTA Many people do not know the profile of Gediminas Ziemelis. He is the owner of BlueBird Nordic (BBN) Airlines Indonesia, a new airline that serves commercial flights in Indonesia.

It is known that the BBN Airlines fleet began to air in Indonesia's skies on Friday, September 27, 2024, with the initial route from Soekarno-Hatta International Airport in Cengkareng, Tangerang, to Juanda International Airport in Sidoarjo, East Java.

Launching VOI, BBN Airlines is a subsidiary of Avia Solution Group, a provider of aircraft services, crew, maintenance, and medium-level insurance (ACMI) headquartered in Dublin, Ireland.

BBN Airlines' parent company was founded by Gediminas Ziemelis, a Lithuanian businessman who is included in the ranks of 40 top aviation entrepreneurs.

Well, in this article, the focus of the discussion is the Gediminas Ziemelis profile. Come on, see the review below.

According to the Vertas Management page, Gediminas Ziemalis profile is the Chairman of the Council at the Avia Solutions Group and is the former Chairman of the Council and founder of Vertas Management AB (previously known as ZIA Valda).

Ziemalis was born in Vilnius, Lithuania on April 4, 1977. He started his career as a businessman at the age of 19, to be precise in 1966.

For decades in the business world, Ziemelis has founded more than 100 start-up companies, of which 50 percent are still operating today.

In addition, he also led several companies in the IPO and SPO processes, as well as successfully pocketing more than 800 million euros in public capital markets and global bonds.

Gediminas Ziemalis has received two awards in the aviation industry sector.

First, he received an award from the European Business Awards and became a national champion in the entrepreneurial category thanks to his innovative approach to the Avia Solutions Group.

Second, Ziemalis was declared the most influential entrepreneur in Lithuania and became a permanent columnist for AeroTime, where he wrote about the trend.

During the 2010-2013 period, Gediminas Ziemalis led the IPO of three companies, including Avia Solution Group, AviaAM Leasing, and Agrowill Group (now AUGA Group).

Although the IPO Avia Solutions was postponed in 2010 due to unsatisfactory stock prices, the company finally went public in 2011 and became one of the best debutants on the Warsaw Stock Exchange.

On the other hand, the IPO AviaAM Leasing in 2013 was considered unsuccessful by some experts, because the results were far below what was expected.

In 2017, Ziemelis founded the Pharnasanta Group, a company engaged in the pharmaceutical sector. However, since early 2024, he has no longer been involved in the company.

Furthermore, in 2022, Gediminas Ziemelis will orbit the BC Wolves basketball club competing in the Lithuanian Basketball League (LKL) and the North European Basketball League (ENBL).

Thanks to his outstanding contribution to the business world, Ziemelis is included in the list of the 40 most influential young leaders in the aviation industry by Aviaton Week & Space Technology.

In December 2022, Gediminas Ziemelis was lined up as the richest person in Lithuania by TOP Magazine.

According to the magazine, Ziemelis' assets are estimated to reach 1.68 billion euros or IDR 28 trillion (assuming an exchange rate of IDR 16,930 per euro).

Apart from being an entrepreneur, Ziemelis is also active in philanthropic activities. He is the largest donor to the Rimantas Kaukenas Support Group, a charitable foundation that provides assistance to children with cancer and their families.

That's information about Ziemelis' Gediminas profile. Get other selected news updates only on VOI.ID.