Latvia's SmartLynx Airlines ceases commercial operations

SmartLynx Airlines is ceasing its commercial operations effectively immediately

SmartLynx Airlines, a long-standing provider of ACMI (Aircraft, Crew, Maintenance, and Insurance) and charter services, announced on Monday, November 24, that it is immediately ceasing all commercial operations. The Latvia-based carrier, which has operated for more than 30 years, communicated the shutdown in an official statement, citing the results of a recent viability assessment. “Today, we are sharing news that is difficult for all of us at …

Latvian ACMI specialist Smartlynx ceases operations

Latvian carrier and Aircraft, Crew, Maintenance and Insurance (ACMI) specialist Smartlynx has announced it is ceasing operations following an evaluation of its financial circumstances. Smartlynx has operated for several UK carriers including TUI Airways UK and the former Thomas Cook over its three decades long operation. Having filed for legal protection on the 28th October, Smartlynx has been under scrutiny to assess its future financial positi…

Latvia's SmartLynx Airlines ceases commercial operations

SmartLynx Airlines (6Y, Riga) has announced that it would cease commercial operations effective immediately. "This difficult decision was made after carefully assessing all possible scenarios for continued operations. Unfortunately, under the current circumstances, it has been concluded that it is no longer possible for the company to continue its activity," chief executive Edvinas Demenius said. The Latvian ACMI/charter specialist, formerly own…

Latvia’s SmartLynx ceases operations as financial situation ...

Latvian carrier SmartLynx Airlines is ceasing commercial operations after more than three decades, just a month after its divestment by former owner Avia Solutions Group.

Latvia's SmartLynx Airlines ceases operations

Latvian full-service aircraft leasing company SmartLynx Airlines will cease operations as of Monday, November 24, the company announced in a statement to the media.