AirExplore Is Next in Line after smartlynx
 

Another subsidiary of Avia Solutions Group, the Slovak ACMI operator AirExplore, will soon cease to exist as an independent company.

Hopefully the entire ASG group will fall down soon.

https://blacklist.aero/news/696f4c15ecdfd72b3c930d02

Good news!
Cant wait to see Avion Express, Airbaltic and the rest of EU AOC airlines which hire ICAO cheap pilots to go bust soon, following the Smartlynx

Loads of change in the market if Musk goes ahead with his RyanAir purchase.
But not sure about the source lol.
Aren't they linked to Russian/Ukranian oligarchs?

BT is next in line, no doubt!

Thank you for sharing your valuable insights and reasoning.
Where would the aviation world be without negative sad gossip people like you and zen_creampie above here.

Well… do your homework. Airbaltic has significant debt, notably a large €380 million high-interest bond (14.5%) maturing in 2029, used partly to refinance earlier debt, leading to recent credit rating downgrades (to 'CCC+' by Fitch) due to high leverage, weaker-than-expected 2025 performance, and liquidity strains, despite strong market position, with an IPO planned for 2026 to improve its financial health and reduce reliance on costly debt.

the promised cohort of fresh new wannabies ready to pay out company’s massive debt with their own not there?
oh boi, this gonna be louder than expected
the FY2026 will be the cleanse year, just like the 2H25 was for many
About the high time the markets shed off this cancer AB and a few others

No need for insights bro, both Airbaltic and Avion Express are advertising positions for ICAO pilots.
Avion Express ICAO pilot got caught flying with forged documents over Europe just to bring down the terms and conditions of the pilots in EU
What exactly of that are gossip?
The sooner they go under, the better for our standards and for the safety of the passengers