Experts in Mid-and end of life aviation services

Our Story

The Vector Group unites four air travel favorites from across Europe.

Our companies, all striving to be industry leaders are well-known and reliable services providers with more than 20 years of experience.

With strongholds in five countries, we manage one of the most efficient airlines in Southern Europe, a fully EASA certified Maintenance center at the Black Sea coastline of Bulgaria, a progressive leasing company in Ireland and a world-wide known capacity provider for airlines and tour operators.

Companies of Vector Group specialize on the B2B market, maximizing the life of assets, and are able to offer unique products for the market.

With our experience and commitment to quality, Vector Group is the aviation partner you have been looking for.

companies

A quickly growing airline, based in Sofia (Bulgaria), with unique expertise in charter and ACMI flights.

Founded 22 years ago, Classic Air is a unique capacity provider with an established reputation on the market. we provide precise and swift solutions to tour operators, touristic companies, pilgrimage tour organizers and airlines worldwide.

Efficient maintenance provider, fully EASA certified for all type of checks of A320ceo and 737classic/NG aircraft.

Aircraft leasing company engaged in purchasing commercial aircraft and leasing them to valued airline customers worldwide.

our team

Effi Grunwald

VECTOR GROUP CEO & CO-OWNER​

Experienced C-Level Aviation executive with more than 15 years of expertise in the aviation management. Since 2013 has been acting as a CEO of Classic Air, the core company of the Vector Group.

Itzik Goren

Executive director & co-owner

An established aviation manager with legal background. Throughout his 15 year’s career has gained an unparalleled experience in commercial and operational aspects of aviation, aircraft management and leasing.

Matvey Koloturskiy

Deputy CEO

Passionate aviation expert with more than 12 years of experience in airline management. In 2021 received a “40 under 40 award” from Airline Economics, the leading and largest finance & leasing global publication for the aviation sector.

MOR SHOSEF​

CFO

10 years of broad financial experience, track record of strategically planning and forecasting, optimizing processes and M&A activities.

Effi Grunwald

VECTOR GROUP CEO & CO-OWNER​

Experienced C-Level Aviation executive with more than 15 years of expertise in the aviation management. Since 2013 has been acting as a CEO of Classic Air, which became a key company of the Vector Group.

Itzik Goren

Executive director & co-owner

Established aviation manager with legal background. Throughout his 15 year’s career has gained an unparalleled experience in commercial and operational aspects of aviation, aircraft management and leasing.

Matvey Koloturskiy

Deputy CEO

Passionate aviation expert with more than 12 years of experience in airline management. In 2021 received a “40 under 40 award” from Airline Economics, the leading and largest finance & leasing global publication for the aviation sector.

Mor Shosef

CFO

10 years of broad financial experience, track record of strategically planning and forecasting, optimizing processes and M&A activities.

Contact us

  • Fleet of Electra Airways consists of 4 Airbus A320 AC and 1 Boeing 737-300. Fleet size will be constantly increasing and will reach 15 by 2025.
  • 150 employees, based in Bulgaria and other EU locations
  • More than 5,500 block hours and 2.000 flights in 2022
  • One of the most quickly developing airlines in Southern Europe
  • Consolidates charter programs on behalf of tour operators in Europe and in the Middle East

  • Acts as GSA of various airlines

  • Performs ACMI brokerage

  • Transports more than 500.000 passengers a year
  • 3 lines for Base maintenance in the hangar in Varna.

  • 70 employees

  • 18 C/D maintenance checks performed in 2022

  • Extensive, constantly growing capability list of the main facility in Varna and component shop in Sofia
  • Efficient team of professionals, with decades of experience in the aviation leasing

  • Innovative and tailor-made approach to all customers