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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 |
Originally Posted by Michael S
(Post 11803818)
Why do you hope them going out of business?
Btw, Here is a clue why they won't: 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 |
Understood
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Originally Posted by zen krempie
(Post 11803879)
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 |
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. |
Originally Posted by Aviadorbrasil
(Post 11808392)
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. |
Originally Posted by menekse
(Post 11809321)
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. |
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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Originally Posted by Aviadorbrasil
(Post 11791681)
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 |
I’ve just applied to AB SFO, any news from assessment ? Thank you
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Also, I have some concerns about medical certificate at Latvia/AIR BALTIC.
Someone flying at Ab or Latvia, could please PM me? thank you |
Originally Posted by patituri
(Post 11814101)
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
Soviet mentality and latin american one found a proper match |
Originally Posted by Marcel153
(Post 11816075)
Also, I have some concerns about medical certificate at Latvia/AIR BALTIC.
Someone flying at Ab or Latvia, could please PM me? thank you |
Originally Posted by 1201alarm
(Post 11780442)
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, |
Originally Posted by TBSC
(Post 11733167)
Don't worry, Lufthansa will snap it up for a bargain price.
https://www.bloomberg.com/news/artic...d&cmpId=google Lufthansa Group strengthens wet lease partnership with airBaltic |
Originally Posted by TBSC
(Post 11816627)
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Originally Posted by zen krempie
(Post 11817037)
Article says airbaltic will take 14 millions from LH, but airbaltic's debt is over a billion with 14,5% interest
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 |
Originally Posted by zen krempie
(Post 11817037)
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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Originally Posted by TBSC
(Post 11817372)
The actual amount is not important. The 10% stake means that they won't let it go bust whatever happens.
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Originally Posted by zen krempie
(Post 11817495)
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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