US EditionLatvia's SmartLynx Airlines ceases commercial operations
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11 Articles
SmartLynx Latvia shuts down after financial struggles
SmartLynx Latvia, once a central part of the Baltic ACMI and charter landscape, has officially ceased operations following a period of mounting financial pressure and significant corporate restructuring. Financial difficulties began to surface more clearly in recent months, coinciding with the decision by Avia Solutions Group to divest SmartLynx Airlines. The sale to a private consortium—intended to simplify Avia Solutions Group’s portfolio and …
SmartLynx Airlines Latvia has announced it is shutting down operations
SmartLynx Airlines Latvia has announced it is shutting down, leaving staff claiming they have gone unpaid and some reporting they have been stranded overseas following the carrier’s bankruptcy filing. In a statement, the airline said: “Today, we are sharing news that is difficult for all of us at SmartLynx Airlines. As of today, we will be ceasing our commercial operations. “This decision comes after a thorough assessment of our situation and lo…
Latvian Smartlynx Airlines is ending its business. More than 1200 employees are losing their jobs. The ACMI provider had previously provided machines and crews for German airlines.
The Latvian-registered aviation company, which belonged to Avia Solutions Group until October and achieved an operating record in 2024, announced that it was ceasing operations after assessing its financial situation and long-term business prospects.
SmartLynx Airlines is ceasing its commercial operations effectively immediately
SmartLynx Airlines, a long-standing provider of ACMI (Aircraft, Crew, Maintenance, and Insurance) and charter services, announced on Monday, November 24, that it is immediately ceasing all commercial operations. The Latvia-based carrier, which has operated for more than 30 years, communicated the shutdown in an official statement, citing the results of a recent viability assessment. “Today, we are sharing news that is difficult for all of us at …
Latvian ACMI specialist Smartlynx ceases operations
Latvian carrier and Aircraft, Crew, Maintenance and Insurance (ACMI) specialist Smartlynx has announced it is ceasing operations following an evaluation of its financial circumstances. Smartlynx has operated for several UK carriers including TUI Airways UK and the former Thomas Cook over its three decades long operation. Having filed for legal protection on the 28th October, Smartlynx has been under scrutiny to assess its future financial positi…
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