Synergy
in aviation

A Vertically Integrated Aviation Leader, Maximizing Performance and Expertise Through Synergy

Our Story

The Vector Group. The place where our commitment to synergy and excellence drives us in the aviation industry.

  • Vector Group is a vertically integrated holding company that strategically controls key links in the aviation value chain, driving added value through the synergy of its diverse subsidiaries. This synergy enables us to optimize costs and leverage complementary expertise, particularly in the mid- and end-of-life asset space. By combining the strengths of our subsidiaries, we maximize asset life and deliver tailored, efficient solutions. With over 30 years of extensive experience and niche market knowledge, we have established strongholds in five countries, focusing on the B2B sector to ensure innovative and cost-effective outcomes for our clients. 

Since 2016, Electra Airways has established itself as a trusted partner in providing exceptional charter and ACMI services across Europe and beyond. With a diverse fleet of Airbus A320 family aircraft, we offer a range of tailored solutions to meet the unique needs of our partners, from tour operators and airlines to businesses requiring customized travel arrangements. Our experienced and dedicated team is committed to ensuring smooth operations, safety, and excellence on every journey.

Electra
Airways

Classic
Air​

Classic Air specializes in brokering charter and ACMI deals, providing precise and efficient capacity solutions for tour operators, tourism professionals, and airlines. Since our founding in 2000, we have expertly organized long, medium, and short-range flights with Boeing and Airbus aircraft to destinations across Europe—including Italy, Bulgaria, Romania, and Germany—as well as select global locations. In addition to our expertise in leisure, pilgrimage, and cargo flights, we excel in consolidating operations for tour operators, ensuring seamless and reliable service. Since 2022, Classic Air has proudly been a part of Vector Group, further enhancing our ability to deliver unmatched service and tailored solutions.

A growing and reliable organization where our commitment to excellence in aircraft maintenance fuels our ongoing journey toward becoming an industry leader. As an EASA-approved organization based in the Republic of Bulgaria, we perform all kinds of base and line maintenance for Airbus A320 CEO and Boeing 737 Classic/NG, including heavy and redelivery checks. Our main base and hangar are located in Varna, with additional line stations in Sofia. Our key priorities are Airworthiness and Safety, ensuring we provide the highest efficiency of services to you.

ETG
Maintenance

Maverick Horizon is a leasing company focused on mid- to end-of-life aircraft, led by a seasoned team of experts coming from the world’s leading lessors. Our team includes expert legal and commercial managers with a proven track record of successful deals. As part of the Vector Group, Maverick Horizon benefits from the unique advantage of having an airline and an MRO as sister companies, positioning us as the ideal asset manager for complex and niche mid- to end-of-life aircraft. Maverick Horizon excels in sourcing, negotiating, maintaining, retrofitting, and leasing its assets, consistently delivering excellent unlevered yields for our investors.  

Maverick
Horizon ​

Our Team

  • ALEX GRUNWALD

    VECTOR GROUP CHAIRMAN AND CO-OWNER

    A seasoned aviation industry leader, Alex was the founder and co-owner of various aviation-related companies across Israel, the EU, and the USA. With a visionary approach and deep industry expertise, he has played a pivotal role in shaping and expanding businesses within the sector, driving innovation, strategic growth, and long-term success. His extensive experience spans airline operations, aviation services, and market development, making him a key figure in the global aviation landscape. Through his leadership, Alex continues to foster strong partnerships, identify emerging opportunities, and position his companies at the forefront of the industry.

  • EFFI GRUNWALD

    VECTOR GROUP CEO & CO-OWNER​

    A visionary and bold C-level aviation executive with over 15 years of expertise in aviation management, Effi is known for his strategic foresight, innovative thinking, and deep industry knowledge. Since 2013, he has served as the CEO of Classic Air, the cornerstone of Vector Group, leading its transformation from a single airline into a dynamic group of aviation companies.

    With a strong specialization in mergers and acquisitions, he has successfully executed strategic expansions, integrating new businesses to strengthen Vector Group’s market position. Under his leadership, Vector Group has evolved into a vertically integrated holding company that strategically controls key links in the aviation value chain, driving added value through the synergy of its diverse subsidiaries. His ability to anticipate industry shifts, drive transformational growth, and forge high-impact partnerships has been instrumental in shaping the group’s long-term success and resilience in an evolving global market.

  • ITZIK GOREN

    EXECUTIVE DIRECTOR & CO-OWNER

    An accomplished aviation executive with a solid legal background, Itzik brings over 15 years of extensive experience in the commercial and operational aspects of the aviation industry. Throughout his career, he has developed unparalleled expertise in aircraft management, leasing, and high-value transactions, collaborating with leading industry stakeholders.

    With a strong strategic mindset and broad managerial capabilities, he has played a pivotal role in driving complex leasing deals, negotiating large-scale acquisitions, fundraising, and structuring partnerships that enhance operational efficiency and financial performance. His deep understanding of the aviation market, combined with his ability to lead cross-functional teams and execute high-impact strategies, has positioned him as a key figure in shaping successful, long-term business growth within the sector.

  • SHARON SCHREIBER

    COO

    With extensive experience in business process development and operational management, Sharon has built a career focused on driving growth, optimizing organizational infrastructures, and executing large-scale projects. From 2018 to 2020, she served as COO of Classic Air—now an integral part of Vector Group—where she played a key role in shaping its operational and strategic direction.

    A results-driven leader with a hands-on approach, Sharon specializes in breaking into new markets, crafting actionable strategies, and ensuring their seamless execution. Her expertise spans business development, strategic planning, Driving scale, HR, and organizational optimization. Throughout her career, she has successfully led complex initiatives, fostered strong business relationships, and helped scale companies to new heights.

    With a keen ability to navigate both internal and external stakeholder dynamics, she thrives in high-impact roles that require cross-functional collaboration and long-term vision. Sharon brings her passion for operational excellence and strategic growth to Vector Group, ensuring every project is seen through to completion—all while keeping the process engaging, efficient, and forward-thinking.

  • WILKEN BELLMANN

    CCO

    With over 15 years of experience in commercial aviation—particularly in the leisure and charter sectors. Wilken has built a career in network planning, airline partnerships, and airline performance optimization at two major European airlines. Before joining Vector Group as CCO, he specialized in enhancing airline performance, driving strategic collaborations, and expanding market presence. His expertise in commercial strategy, contract negotiations, and customer-centric solutions enables him to drive sustainable growth and maximize business opportunities in the dynamic aviation industry.

  • MATVEY KOLOTURSKIY

    DEPUTY CEO

    Aviation professional with over 15 years of experience spanning airline operations, fleet development, MRO management, and aviation economics.

     

    Recognized by Airline Economics with the prestigious “40 Under 40” award in 2021, Matvey has built his career at the intersection of strategy, execution, and transformation within the aviation sector. He began his professional journey with a strong foundation in aviation economics, material support, and contracts management—ensuring financial discipline and operational efficiency across complex airline environments. Over the years, he has developed deep expertise in aircraft asset trading and fleet optimization.

     

    Since joining Vector Group in 2022, Matvey has led high-impact business development initiatives across the Group’s companies, including Electra Airways, ETG Maintenance, Classic Air, and Maverick Horizon. His current focus includes aircraft acquisitions, portfolio expansion, intercompany synergies, and the execution of complex strategic projects.

Discover
Vector Group.

“Vector Group's commitment to innovation and excellence across its subsidiaries sets a new standard in the aviation industry. Their integrated approach ensures unparalleled service and reliability, making them a trusted partner for all our aviation needs.”


Contact

Location
Ha'Arava 1,
Givat Shmuel, Israel