An official of airBaltic is accused of abuse of office and fraud, and the head of another company is also involved in the case, who is suspected of aiding and laundering criminal proceeds within an organized group. #коррупция #airBaltic #отмываниеДенег (translated)
Andris Kulbergs (AS) wrote that during the four months, while visiting countries, summits, conferences, and business trips, he was convinced that trips can be planned in advance and one can reach the destination on time with scheduled flights, including airBaltic. He claimed that there was no justification or necessity for Krišjānis Kariņš's previous use of private jets, and that it was a choice, an indulgence, and a waste of public funds. #Lidojumi #ValstsIzdevumi #KrisjanisKarins (translated)
The airline airBaltic plans to reduce its workforce, which could affect between 500 and 700 employees, due to changes in the company's business plan. #airBaltic #darbinieki #lidsabiedrība (translated)
airBaltic requests the U.S. court to approve a monthly fee of 250,000 euros for a consulting firm, which will affect the planned effort to raise 257 million euros from bondholders, while ensuring the airline's operations and customer service. #airBaltic #finanses #restrukturizācija (translated)
A plane from the airline airBaltic made an emergency landing at Zaventem airport on Wednesday due to a technical problem, but the landing went without incidents and there were no injuries. #atterrissagedurgence #BrusselsAirport #airBaltic (translated)
Latvian MEP Inese Vaidere believes that airBaltic will survive, although she acknowledges that Martin Gauss's actions and the use of public funds raise significant questions in the management of the company. #Läti #EuroopaParlament #AvalikRahandus (translated)
Air Baltic's half-year loss reached 128 million euros, despite an increase in revenue to 399.2 million euros, impacted by rising jet fuel prices due to the Middle East conflict. #AirBaltic #kahjum #lennundus (translated)
AirBaltic continues to incur growing losses, despite impressive revenue growth, as fuel and financing costs rise faster, forcing the company to make tough decisions regarding its fleet and routes. #AirBaltic #авиаперевозчики #Балтия (translated)
Air Baltic's turnover grew in the first half of 2023, but the company ended this period with a loss of 128.2 million euros, which is significantly larger than last year. #AirBaltic #TallinnaLennujaam #Lennufirmad (translated)
News in simple language on October 12 reports on airBaltic's huge losses, the delay in forming a new government, territorial defense training, prosecution charges against neurologist Leonīds Viškers, the ban on grain transit from Russia and Belarus, an accident in Liepāja, new EU sanctions against Russia, Finland's call to restrict Russian citizens' travel, Greece's plans to ban social media for children, cyber attacks on French supermarkets, military exercises in Belarus, Estonia's new president Ille Madis, and the candidates for Latvia's annual basketball award. #airBaltic #ziņas #sporta (translated)
The losses of the airBaltic group in the first half of the year have led to a plan to attract 257 million euros due to the non-fulfillment of obligations to bondholders, but the company will continue flights and service as usual until the completion of restructuring of obligations. #airBaltic #reorganizācija #finanses (translated)
The ASV has approved six undisputed airBaltic applications and allows the airline to continue operating as usual while restructuring obligations, with a plan to complete it by mid-2027. #airBaltic #reorganizācija #aviācija (translated)
The court has allowed the airline airBaltic to continue critical operations and fulfill obligations during Chapter 11 proceedings, including maintaining contracts, making payments, and continuing the employee compensation system. #airBaltic #Chapter11 #Maksātnespējas (translated)
AirBaltic is reducing the number of flights in the winter schedule due to low demand and high fuel prices, which is causing dissatisfaction among passengers. #AirBaltic #сокращениерейсов #зимнеерасписание (translated)
Air Baltic is reducing flights on several routes during the winter season according to passenger demand and increased fuel prices, suspending flights between Riga and Bucharest, Sofia, Budapest, and Oulu, while offering alternative solutions for affected flights to passengers. #AirBaltic #Lennugraafik #Reisijad (translated)
The Latvian Aviation Trade Union warns that the reduction of employees at airBaltic may affect up to 3000 employees, as the company has not provided the necessary information and consultations as required by law. #airBaltic #darbinieki #aviācija (translated)
The union expresses outrage that information about airBaltic employee layoffs is being received from the USA, rather than from Latvia, while the company plans to reduce the number of employees by up to 700 people. #airBaltic #Arodbiedrība #Ekonomika (translated)
airBaltic private bondholders have objected to granting advantages to new creditors while the company continues normal operations and awaits court approval of the reorganization plan until 2027. #airBaltic #reorganizācija #aviācija (translated)
The author of the article stated that airBaltic was preparing mass layoffs and after reducing its fleet and the number of routes, it was to eliminate up to 700 jobs. https://t.co/LVuk9iKjHh #místo #propouštění #AirBaltic #LT #LV (translated)
The Prime Minister Andris Kulbergs commented on airBaltic's planned layoffs, emphasizing that the company's management must inform employees in a timely manner and comply with legal requirements, while the possible reduction could involve between 500 to 700 jobs. #airBaltic #darbinieki #restructurizācija (translated)
