GetJet Airlines Expands Fleet to Twenty Aircraft and Invests Ten Million Euros in Vilnius Airport MRO Facility After Revenue Gains

Lithuanian ACMI and charter specialist GetJet Airlines has expanded its fleet to 20 aircraft and announced a €10 million investment in a new maintenance facility at Vilnius International Airport. The company's expansion follows a 20% increase in EBITDA and strategic partnerships with major carriers.

The Core Transit Update

GetJet Airlines has consolidated its position in the international aircraft, crew, maintenance, and insurance (ACMI) and charter aviation market, reporting revenue of 165 million euros for 2025 compared to 164 million euros in 2024. Despite flat year-on-year revenue growth, the Lithuanian carrier recorded a 19.3% increase in EBITDA, which rose from 10.9 million euros to 13 million euros. Net profit reached 9.4 million euros, highlighting improved fleet utilization and disciplined cost control.

To support rising commercial demand, the airline added six aircraft to its fleet during 2025, comprising five Airbus A320-200 jets and one Boeing 737-800. The fleet growth brings the airline's active operational fleet to 20 aircraft, matching the company's long-term target fleet size. Furthermore, in April 2026, the parent group secured $31 million USD in external financing from Volofin Capital Management Ltd. to fund fleet renewal and expand aviation asset trading activities.

GetJet Airlines Fleet Expansion and Financial Performance

The revenue benchmarks, profit gains, fleet growth details, and capital infrastructure targets for GetJet Airlines are compared in the table below:

Metric / Parameter	2024 Performance	2025 Performance	Year-on-Year Change / Status	Primary Asset Details
Total Revenue	164.0 million EUR	165.0 million EUR	+0.6% revenue growth	Passenger charter and ACMI revenue
EBITDA Earnings	10.9 million EUR	13.0 million EUR	+19.3% profitability rise	Stronger operational efficiency
Net Net Profit	N/A	9.4 million EUR	Stable financial return	Reinvested in fleet and maintenance
Active Fleet Size	14 aircraft	20 aircraft	+6 aircraft added	5x Airbus A320-200, 1x Boeing 737-800
Vilnius MRO Facility	Planned phase	Land lease secured	€10.0 million capital project	Technical independence base at VNO
Volofin Financing	N/A	$31.0 million USD	Secured April 2026	Fleet renewal & asset trading funding

Traveler Logistics Guide (Information Gain)

Identifying ACMI and Wet Lease Operators:
- Carrier Disclosures: ACMI stands for Aircraft, Crew, Maintenance, and Insurance. During peak summer travel periods, network airlines like Eurowings (Lufthansa Group) or Etihad Airways may wet-lease aircraft from charter operators to cover capacity shortfalls. Passengers should verify their boarding passes or flight notifications for the note: "Operated by GetJet Airlines on behalf of [Marketing Carrier]."
- Baggage and Check-in Rules: When traveling on a wet-leased GetJet flight, the ticketing policies, check-in deadlines, and baggage weight allowances are set by the marketing carrier (e.g. Eurowings). However, flight cabin safety regulations, emergency procedures, and onboard service delivery are managed directly by GetJet's crew under European civil aviation licenses.
Transiting through Vilnius International Airport (VNO):
- Terminal Connections: Vilnius Airport operates a single terminal layout. Passengers connecting between non-Schengen flights (such as arrivals from the United Kingdom or the Middle East) and Schengen flights should allow at least 50 to 60 minutes for passport control checks.
Digital Customs and ETIAS Compliance: Ensure your European Travel Information and Authorisation System (ETIAS) profiles are updated and active before checking in online for EU destination flights to prevent immigration boarding delays.

Infrastructure Impact Assessment

Building regional maintenance, repair, and overhaul (MRO) capabilities is key to reducing operational costs and ensuring high aircraft availability. In 2025, GetJet Airlines secured a long-term land lease at Vilnius International Airport (VNO) to build a new €10 million MRO facility. This facility will supplement the carrier's existing technical hub at Šiauliai International Airport (SQQ), establishing a dual-hub maintenance network in Lithuania.

According to policy updates from the Lithuanian Transport Safety Administration (LTSA) and reports from the State Enterprise Lithuanian Airports (LTOU), regional MRO developments increase the Baltics' aviation competitive edge. By keeping maintenance processes in-house, the carrier can bypass external hangar backlogs, lower fleet maintenance expenses, and improve dispatch reliability. This supporting infrastructure helps maintain reliable regional air networks, encouraging business and leisure travel across Eastern Europe.