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Air Baltic information

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Old 9th January 2025 | 08:39
  #501 (permalink)  
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Joined: Jun 2015
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From: Kent, UK
Why do you hope them going out of business?

Btw, Here is a clue why they won't:
Transport Minister Kaspars Briskens (Progressives) stressed that airBaltic is a strategically important company for the country, which contributes directly not only to the aviation industry, but to the entire Latvian economy
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Old 9th January 2025 | 10:14
  #502 (permalink)  
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Joined: Jan 2016
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From: EU
Originally Posted by Michael S
Why do you hope them going out of business?

Btw, Here is a clue why they won't:
In EU is illegal for the states to fund airlines. Maybe there was an exemption back in COVID, but it's 2025 now. If their only option to survive is state funds, this ain't gonna happen
You didn't quote me, but I believe that EU airlines which are importing ICAO licensed desperados to cut the labor cost of pilots in Europe, better go under before that spreads
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Old 9th January 2025 | 14:40
  #503 (permalink)  
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From: Kent, UK
Understood
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Old 14th January 2025 | 21:45
  #504 (permalink)  
 
Joined: Mar 2023
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From: UK
Originally Posted by zen krempie
In EU is illegal for the states to fund airlines. Maybe there was an exemption back in COVID, but it's 2025 now. If their only option to survive is state funds, this ain't gonna happen
You didn't quote me, but I believe that EU airlines which are importing ICAO licensed desperados to cut the labor cost of pilots in Europe, better go under before that spreads
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Old 16th January 2025 | 13:32
  #505 (permalink)  
 
Joined: Jun 2014
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From: Brasil
Hello Guys.
Any recent feedback for Senior First Officers with fast track upgrade interview and assessment?
Also, with someone can share some infos from inside, such as benefits, salary, environment, schedule etc, it’s very welcoming.

Thank you in advance.
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Old 17th January 2025 | 23:21
  #506 (permalink)  
 
Joined: Jul 2021
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From: EU
Originally Posted by Aviadorbrasil
Hello Guys.
Any recent feedback for Senior First Officers with fast track upgrade interview and assessment?
Also, with someone can share some infos from inside, such as benefits, salary, environment, schedule etc, it’s very welcoming.

Thank you in advance.
How far to bottom are you willing to reach for an EASA validation and an EU work permit?
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Old 18th January 2025 | 00:43
  #507 (permalink)  
 
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From: Brasil
Originally Posted by menekse
How far to bottom are you willing to reach for an EASA validation and an EU work permit?

I have an EASA ATPL with current type.
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Old 18th January 2025 | 10:00
  #508 (permalink)  
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From: homeless
Go for it now then. AB is about to go bankrupt and you might bee too late fo an interview. Bring some warm clothes in case office will be closed and in -20 you will freeze to death walking back to terminal to catch a flight back to Brasil.
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Old 25th January 2025 | 11:23
  #509 (permalink)  
 
Joined: Dec 2022
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From: EU
Originally Posted by Aviadorbrasil
Any recent feedback about assessments ?

Also, can someone bring new information about contracts, Terms and conditions, and also something about the company, such as schedule, salary , benefits, environment in general and this kind of stuff?

Really appreciate.

Happy landings
Please, just apply. They took a contract for ACMI in Uruguay, non of the European pilots wants to go there. For Latin American pilots should be fine. Though financial situation gets worse and worse
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Old 28th January 2025 | 17:34
  #510 (permalink)  
 
Joined: Jan 2025
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From: Europe
I’ve just applied to AB SFO, any news from assessment ? Thank you
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Old 28th January 2025 | 19:52
  #511 (permalink)  
 
Joined: Jan 2025
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From: Europe
Also, I have some concerns about medical certificate at Latvia/AIR BALTIC.

Someone flying at Ab or Latvia, could please PM me?
thank you
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Old 28th January 2025 | 20:43
  #512 (permalink)  
 
Joined: Jan 2023
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From: Latvia
Originally Posted by patituri
Please, just apply. They took a contract for ACMI in Uruguay, non of the European pilots wants to go there. For Latin American pilots should be fine. Though financial situation gets worse and worse
They were advertising bases throughout baltics, and you end up in Uruguay for 3k a month paying taxes in Latvia
Soviet mentality and latin american one found a proper match
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Old 29th January 2025 | 04:20
  #513 (permalink)  
 
Joined: Jul 2023
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From: Riga
Originally Posted by Marcel153
Also, I have some concerns about medical certificate at Latvia/AIR BALTIC.

Someone flying at Ab or Latvia, could please PM me?
thank you
Hi, feel free to send me a message, I work at BT as FO. Some users here are who have not passed airbaltic assessments, but still obsessed with the company, are trying to paint a varey bad image, but it’s not really true.
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Old 29th January 2025 | 07:11
  #514 (permalink)  
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From: EU
Originally Posted by 1201alarm
Apparently the IPO has been postponed. https://www.airliners.de/air-baltic-...ingungen/78071

Due to "difficult market conditions". Don't know what these are, airlines are all having huge load factors and good profits,
This Uruguay ACMI project can keep them alive for few more months, nobody would buy shares of a company with one billion euro in debt
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Old 29th January 2025 | 19:04
  #515 (permalink)  
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From: Switzerland ... oh wait: Swaziland
Originally Posted by TBSC
Don't worry, Lufthansa will snap it up for a bargain price.
https://www.bloomberg.com/news/artic...d&cmpId=google
There you go.
Lufthansa Group strengthens wet lease partnership with airBaltic
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Old 30th January 2025 | 08:22
  #516 (permalink)  
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From: EU
Article says airbaltic will take 14 millions from LH, but airbaltic's debt is over a billion with 14,5% interest
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Old 30th January 2025 | 13:18
  #517 (permalink)  
 
Joined: Apr 2019
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From: Austria
Originally Posted by zen krempie
Article says airbaltic will take 14 millions from LH, but airbaltic's debt is over a billion with 14,5% interest
Concerning dept there is an Option in the bonds to be payed back early.

If there is no geopolitical shakeup the IPO takes place and with this money the bonds will partly be payed back.

The valuation at the time of the IPO should be much higher than the 14 Mio Lufti payed for 10%.

just my 2cents
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Old 30th January 2025 | 15:22
  #518 (permalink)  
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From: Switzerland ... oh wait: Swaziland
Originally Posted by zen krempie
Article says airbaltic will take 14 millions from LH, but airbaltic's debt is over a billion with 14,5% interest
The actual amount is not important. The 10% stake means that they won't let it go bust whatever happens.
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Old 30th January 2025 | 17:15
  #519 (permalink)  
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From: EU
Originally Posted by TBSC
The actual amount is not important. The 10% stake means that they won't let it go bust whatever happens.
What if tomorrow European Commission asks the 540 millions to be returned to state, like in Malev case which sent it under or the creditors demand the other 500 millions of debt? LH will pay a billion?
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Old 30th January 2025 | 18:25
  #520 (permalink)  
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From: Switzerland ... oh wait: Swaziland
Originally Posted by zen krempie
What if tomorrow European Commission asks the 540 millions to be returned to state, like in Malev case which sent it under or the creditors demand the other 500 millions of debt? LH will pay a billion?
What if they don't ask for it after LH's lobbyists whisper something in their ear?
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