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// Workers AI · dad joke modeWhy did Avinode Group go to therapy? It had a fowl plane of issues.

From Wikipedia, the free encyclopedia

Avinode Group
IndustryBusiness aviation
Founded2002
Headquarters,
Key people
Oliver King, CEO[1]

Avinode Group is a Swedish B2B technology company focused on business aviation. It specializes in operating the Avinode Marketplace, an online marketplace for private air charter.

History

[edit]

Avinode was founded in 2002 by three Chalmers University of Technology graduates - Niklas Berg, Per Marthinsson, and Niclas Wennerholm. At this point in time, operators and brokers relied primarily on phone calls and faxes to source and schedule aircraft. Berg, Marthinsson, and Wennerholm created an online marketplace called the Avinode Marketplace, which quickly gained traction.[2] In 2010, Avinode acquired its US marketplace competitor, CharterX.[3] In 2014, Avinode was acquired by World Kinect Corporation.[4] As of 2018, an average of 7,000 aviation professionals use the system daily, approximately 3,200 aircraft are listed in the marketplace, and nearly 300,000 flight requests are processed monthly.[5] Roughly 80% of professionals in the business aviation industry use Avinode Group products.[6] In May 2024, the acquisition of Avinode by CAMP Systems International, Inc. took place, in turn a subsidiary of the Hearst Corporation.[7]

In April 2026, SVT said that Avinode was being used by Russian elites, including oligarchs, to avoid sanctions imposed following the 2022 Russian invasion of Ukraine. SVT's investigation included posing as a sanctioned Russian citizen, they were then contacted by Russian brokers who confirmed that they were using Avinode. According to lawyer Alexandre Prezanti, the company being aware of services being provided to Russian customers would constitute a violation of EU sanctions. Avinode declined an interview with SVT and responded via email to some of its questions, saying the situation was the result of a single employee.[8]

Suite of applications

[edit]

Avinode Group consists of three applications serving different groups and purposes with business aviation.[9][10]

  • Avinode connects the services of operators and brokers globally, enabling buyers to search for trips, request quotes, and communicate with sellers.
  • SchedAero, the web-based software for fleet operations, was launched in 2012. SchedAero serves operators and private flight departments as an online system for aircraft and crew scheduling, quoting, regulatory compliance, and maintenance.
  • Paynode, launched in 2016, is a digital payment platform developed specifically for the air charter industry.

References

[edit]
  1. Doug Gollan (18 January 2018). "2018 CEO BizAv Outlook: Aircraft Sales, Charter, Jet Cards, Pilot Shortages, Fuel Prices And Taxes". Forbes. Retrieved 1 December 2018.
  2. "Spin-off company from Chalmers will revolutionize executive air charter". www.chalmers.se. Retrieved 22 October 2018.
  3. "Avinode acquires CharterX". www.catalystreflection.com. Retrieved 22 October 2018.
  4. "Multi Service Technology Solutions buys Avinode". Corporate Jet Investor. Retrieved 24 July 2025.
  5. "INTERVIEW: Internal processes key for better air charter solutions, says SchedAero business chief". Flightglobal.com. 19 July 2016. Retrieved 22 October 2018.
  6. "Rise in online searches for brokers and operators powered by Avinode APIs | Corporate Jet Investor". corporatejetinvestor.com. Retrieved 22 October 2018.
  7. "CAMP Systems Acquires Avinode Group". www.aviationweek.com. Retrieved 2 April 2025.
  8. "Svenskt företag hjälper ryska eliten att runda EU:s sanktioner – för att semestra i Europa". SVT Nyheter (in Swedish). 23 April 2026. Retrieved 23 April 2026.
  9. "Multi Service Technology Solutions buys Avinode - Corporate Jet Investor". www.corporatejetinvestor.com. 22 December 2014. Retrieved 17 August 2021.
  10. Donald, David. "Avinode Helps To Speed Air Charter Booking". Aviation International News. Retrieved 17 August 2021.