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-   -   Air Baltic information (https://www.pprune.org/terms-endearment/591021-air-baltic-information.html)

Michael S 9th January 2025 08:39

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

zen krempie 9th January 2025 10:14


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:

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

Michael S 9th January 2025 14:40

Understood

skyguardian88 14th January 2025 21:45


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


Aviadorbrasil 16th January 2025 13:32

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.

menekse 17th January 2025 23:21


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.

How far to bottom are you willing to reach for an EASA validation and an EU work permit?

Aviadorbrasil 18th January 2025 00:43


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.

Luray 18th January 2025 10:00

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.

patituri 25th January 2025 11:23


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

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

Marcel153 28th January 2025 17:34

I’ve just applied to AB SFO, any news from assessment ? Thank you

Marcel153 28th January 2025 19:52

Also, I have some concerns about medical certificate at Latvia/AIR BALTIC.

Someone flying at Ab or Latvia, could please PM me?
thank you

ctacik 28th January 2025 20:43


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

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

twentyfivehundred220 29th January 2025 04:20


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

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.

zen krempie 29th January 2025 07:11


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,

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

TBSC 29th January 2025 19:04


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

There you go.
Lufthansa Group strengthens wet lease partnership with airBaltic

zen krempie 30th January 2025 08:22


Originally Posted by TBSC (Post 11816627)

Article says airbaltic will take 14 millions from LH, but airbaltic's debt is over a billion with 14,5% interest

TyroleanCondor 30th January 2025 13:18


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

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

TBSC 30th January 2025 15:22


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

The actual amount is not important. The 10% stake means that they won't let it go bust whatever happens.

zen krempie 30th January 2025 17:15


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.

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?

TBSC 30th January 2025 18:25


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?

What if they don't ask for it after LH's lobbyists whisper something in their ear?


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