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Air Baltic information

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Old 30th May 2025 | 20:35
  #541 (permalink)  
10 Anniversary
 
Joined: Jan 2016
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From: EU
Originally Posted by ctacik
Back in Riga just for holidays this time
AB Cadets only?
Had a chat with a Captain who fell behind, he has hard time with pilots who got hired just having a CPL outside of Airbaltic Academy, like a French lady with 0 hours on turbo prop airplanes, just her CPL from France, while they are advertising only senior first officers positions
Originally Posted by Dissident1
I don’t get it, they’re advertising for DEC and experienced FOs for a fast track, but at the same time they will most likely go into reconstruction or bankruptcy… Is it that hard to fill the positions on the A220? If they go under it’s a pretty useless type rating to hold. Anyone who has applied recently and can shed some light?
Nothing new, soviet textbook of hiring nieces and ''nieces'', even in the brink of the financial collapse


AirBaltic stalls IPO until at least the first half of 2025


https://www.reuters.com/markets/airb...st-2024-12-02/

Last edited by zen krempie; 30th May 2025 at 20:48.
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Old 17th June 2025 | 19:51
  #542 (permalink)  
 
Joined: Aug 2024
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From: Helsinki
Originally Posted by ctacik
Back in Riga just for holidays this time
AB Cadets only?
Had a chat with a Captain who fell behind, he has hard time with pilots who got hired just having a CPL outside of Airbaltic Academy, like a French lady with 0 hours on turbo prop airplanes, just her CPL from France, while they are advertising only senior first officers positions
What a circus
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Old 26th June 2025 | 11:48
  #543 (permalink)  
 
Joined: Jul 2022
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From: Germany
Originally Posted by Electric
Martin Gauss, long-time CEO and chairman of Latvian airline airBaltic, has been dismissed, reports the Ministry of Transport on 7 April.

Following a shareholders' meeting at which the Transport Ministry called for a vote of no confidence in Gauss, airBaltic's Supervisory Board convened an extraordinary Supervisory Board meeting. In view of the shareholders' vote of no confidence, the Supervisory Board decided to dismiss the current Chairman of the Board, Martin Gauss, as of 7 April.
Latvian state is looking where is their money and airbaltic asks for more

https://careers.ch-aviation.com/news...atvian-auditor

https://www.ch-aviation.com/news/153...-slips-to-2026



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Old 27th June 2025 | 13:13
  #544 (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.
Airbaltic is still 97.97 Latvian state and the 2.03 belongs to Aircraft Leasing Sia
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Old 1st July 2025 | 11:38
  #545 (permalink)  
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From: Switzerland ... oh wait: Swaziland
Originally Posted by motardos
Airbaltic is still 97.97 Latvian state and the 2.03 belongs to Aircraft Leasing Sia
Not for long apparently.
https://www.aerotime.aero/articles/l...e-in-airbaltic
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Old 2nd July 2025 | 22:51
  #546 (permalink)  
 
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From: EU
Originally Posted by TBSC
Wording is not that clear, what convertible means?
What I understand is that LH gave to AB 14 millions for the wet leasing deal, that was branded as convertible shares but still AB is 97,5% Latvian State and 2,5% Aircraft Leasing Sia
Still they ask 250 millions from the Latvian state

When asked how much money is needed from the state, which has a 97% stake in the company, Martinovs said that it depends on the shareholder

Senior airBaltic official: company needs around 250 million euros



https://eng.lsm.lv/article/economy/t...euros.a603554/
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Old 26th July 2025 | 11:04
  #547 (permalink)  
 
Joined: Dec 2022
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From: EU
Originally Posted by ctacik
Back in Riga just for holidays this time
AB Cadets only?
Had a chat with a Captain who fell behind, he has hard time with pilots who got hired just having a CPL outside of Airbaltic Academy, like a French lady with 0 hours on turbo prop airplanes, just her CPL from France, while they are advertising only senior first officers positions
The French lady in question was hired initially as an office employee. She had her CPL from France and also had a well connected French friend who is a Captain and in few months from office jumped to cockpit
Same with some zero hours people who initially got hired as FI in the academy and very soon went to A220
A lot of back doors
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Old 24th September 2025 | 07:05
  #548 (permalink)  
 
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From: Riga
A new commuter option has now been added as a contract option:
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Old 24th September 2025 | 18:31
  #549 (permalink)  
 
Joined: Aug 2024
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From: Helsinki
Originally Posted by patituri
The French lady in question was hired initially as an office employee. She had her CPL from France and also had a well connected French friend who is a Captain and in few months from office jumped to cockpit
Same with some zero hours people who initially got hired as FI in the academy and very soon went to A220
A lot of back doors
Who is her daddy?
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Old 28th September 2025 | 07:54
  #550 (permalink)  
 
Joined: Nov 2024
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From: Malmö
Assessment in Riga

Do they seriously use a single pilot operation as a check in Riga? Not too focused on CRM I guess…
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Old 29th September 2025 | 06:12
  #551 (permalink)  
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From: EU
Originally Posted by Dissident1
Do they seriously use a single pilot operation as a check in Riga? Not too focused on CRM I guess…
If you read some pages back you will see that they are only focused on favors, many posts regarding hiring people who don't even have the published initial requirements. Sim check is just a formality
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Old 17th October 2025 | 16:13
  #552 (permalink)  
 
Joined: Jul 2022
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From: Germany
Originally Posted by ave
They are looking for ICAO pilots too. Airlines from this part of Europe are also known as the cancer of aviation for a reason

Originally Posted by freeagle211
I apologize, but your discussion focuses only on money foreigners, non-EU. What about the FAA? Do you believe you fly aircraft while Brazilians and those from Botswana fly the piano? At the very least, try not to blame any nationality. It's important to be open-minded—it's as simple as that for me.
Fly Safe.
@freeagle in Latin America you can have a Type Rating without any training on type and fly till you crash
Here is the case of 2008 Mexico city Learjet crash

Pilot Martín Olíva and co-pilot Álvaro Sánchez were not certified to operate the Learjet 45. The investigation concluded that both pilots had received fraudulent certifications: Captain Olíva lied about the number of training flights he had made, and had issues on the few training flights he did complete, while Captain Sánchez lied about being a Learjet 45 instructor. Both men had taken advantage of a corrupt system to get false training documents and some unsigned Learjet 45 certification forms from their flight schools. These revelations led Mexican authorities to suspend the licences of both flight schools.

I don't think it worth to bring to Europe pilots like the guys above just for some companies to keep the salaries low
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Old 22nd October 2025 | 10:08
  #553 (permalink)  
 
Joined: Jul 2023
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From: Riga
Regular Open days for experienced pilots are organised now, a lot of questions are discussed during these https://careers.airbaltic.com/en/eve...rienced-pilots
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Old 22nd October 2025 | 17:35
  #554 (permalink)  
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From: Geneva, Switzerland
1.5h video here:
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Old 22nd October 2025 | 21:43
  #555 (permalink)  
 
Joined: Jul 2021
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From: In the Pusta
Wow. They seems to have very ambitious growth plans.
How is this to be financed ?!
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Old 22nd October 2025 | 22:42
  #556 (permalink)  
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From: EU
Originally Posted by magyar_flyer
Wow. They seems to have very ambitious growth plans.
How is this to be financed ?!
Airbaltic lost 118 millions last year, for 2025 have losses so far and they are one billion in debt
Maybe they will fund with the new ACMI deal they offer to Air Serbia or the ACMI to Uruguay that starts this winter
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Old 30th October 2025 | 12:46
  #557 (permalink)  
 
Joined: Jan 2023
Posts: 87
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From: Latvia
Originally Posted by magyar_flyer
Wow. They seems to have very ambitious growth plans.
How is this to be financed ?!
First, they have to pay bankruptcy trustees, the one in the article seeks $236mn

https://www.ch-aviation.com/news/159...from-airbaltic
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Old 30th October 2025 | 21:44
  #558 (permalink)  
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From: Europe
Yes, I'm sure those Russians will easily collect that debt .
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Old 31st October 2025 | 10:36
  #559 (permalink)  
 
Joined: Jan 2023
Posts: 87
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From: Latvia
Originally Posted by Intrance
Yes, I'm sure those Russians will easily collect that debt .
They can collect it easily after the ACMI deal with Air Serbia.
Four Airbaltic A220s will be based in Belgrade, a Serbian court order is enough to confiscate them for depts
Don't forget that are no sanctions between Serbia and Russia, you can fly direct from Belgrade to Moscow with an Air Serbia flight
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Old 31st October 2025 | 12:54
  #560 (permalink)  
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Joined: Oct 2017
Aviation Qualifications: ATPL
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From: Civilised part
Originally Posted by ctacik
They can collect it easily after the ACMI deal with Air Serbia.
Four Airbaltic A220s will be based in Belgrade, a Serbian court order is enough to confiscate them for depts
Don't forget that are no sanctions between Serbia and Russia, you can fly direct from Belgrade to Moscow with an Air Serbia flight
I highly doubt that the owner of the hull/engines or the insurer would allow such insanity .
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