March 31, 2026
Two years prior to its bankruptcy, SIA SmartLynx Airlines (Latvia) issued an unsecured loan to the Lithuanian company UAB Portlite. This information follows from a letter sent to creditors by the official insolvency administrator of SIA SmartLynx Airlines, Marija Mišina. The editorial team of BLACKLIST.AERO has obtained a copy of this letter.
March 16, 2026
According to information obtained by the editorial team of the BLACKLIST.AERO registry, Harmony Jets and Harmony Aircraft Services have completely ceased operations.
March 5, 2026
BLACKLIST.AERO would like to inform industry participants about outstanding operational debts associated with aircraft T7-PSJ (Gulfstream IV-SP, MSN 1251).
March 4, 2026
A new bankruptcy has emerged involving an airline previously belonging to Avia Solutions Group. Following the collapse of SmartLynx Airlines Latvia, bankruptcy proceedings have now been initiated for SmartLynx Airlines Estonia OÜ. A copy of the decision by the Tallinn district court Harju Maakohus to open bankruptcy proceedings was obtained by the administration of BLACKLIST.AERO from a source within the legal community.
February 11, 2026
Companies listed as creditors of SIA SmartLynx Airlines and belonging to the Avia Solutions Group holding structure have declined to pursue court claims against what was once their sister company. This became known after the deadline for submitting creditor claims to the insolvency administrator expired.
January 29, 2026
When a loved one requires urgent medical evacuation, families are often forced to act fast — emotionally and financially. In July 2024, one such family contracted EMS Air Ambulance & Medical Repatriation Ltd, a UK-based company offering bedside-to-bedside repatriation. What followed was not just a logistical failure — it was a masterclass in how carefully drafted contracts can trap vulnerable clients and make recovery of funds nearly impossible.
January 20, 2026
Another subsidiary of Avia Solutions Group—the Slovak ACMI operator AirExplore—will soon cease to exist as an independent company. BLACKLIST.AERO was informed of this by a source within the company.
January 13, 2026
Global Aviation Register of Defaulter companies BLACKLIST.AERO is now an officially registered trademark across the countries of the European Union. This week, the European Union Intellectual Property Office finally issued our long-awaited certificate!
January 6, 2026
The year 2025 turned out to be one of the most difficult for aviation as a whole. One can talk endlessly about the heavy legacy of the post-COVID era, which manifested itself in a global disruption of supply chains and, as a consequence, a shortage of new aircraft and spare parts, delays in maintenance, and so on. Added to this were geopolitical risks—at times it seems the whole world wants to fight more than to create. We are living through a turning point, where the old world order has already been completely destroyed, while the new one has not yet taken on any clear shape. Aviation, in this process, is a litmus test reflecting all of these dynamics.
December 17, 2025
A group of creditors of SIA SMARTLYNX AIRLINES has united to defend their interests vis-à-vis AVIA SOLUTIONS GROUP. The creditors have also formally authorized the administration of the Global Aviation Register of Defaulter Companies BLACKLIST.AERO to act as the coordinator of their joint actions.
December 8, 2025
A criminal investigation has been opened into suspected fraud involving the management of SIA Smartlynx Airlines and the alleged fictitious sale of the airline to a new owner. BLACKLIST.AERO learned this information from a source familiar with the investigation. The case was initiated after a complaint was filed with the police by one of the creditors. It is also possible that additional complaints have been submitted by other defrauded counterparties of Smartlynx.
December 2, 2025
Over the past week, investment analysts from companies holding Avia Solutions Group (ASG) bonds have contacted me twice, asking for a more detailed explanation of the SmartLynx bankruptcy. Their biggest concern is that the same situation could repeat with other companies within the ASG holding.
November 24, 2025
The covert bankruptcy—legally framed as a “restructuring”—of SIA SmartLynx Airlines (Latvia), along with the highly probable collapse of SmartLynx Malta and SmartLynx Estonia in the near future, has become more than just a landmark event for the aviation market. Its consequences may amount to a full-fledged default tsunami, triggering a cascade of multimillion-euro non-payments across the industry.
November 17, 2025
Every time I fly to Dubai for exhibitions, I witness the same scene outside the hotels. A Bugatti or Lamborghini pulls up to the entrance, the chauffeur steps out, and hands the wheel to someone walking out of the lobby. It looks predictable — after all, Dubai is exactly the place where many people dream of cruising down Sheikh Zayed Road in a hypercar, showing off status and wealth.
November 11, 2025
BLACKLIST.AERO is publishing a full list of creditors of SIA SmartLynx Airlines (Latvia). We got it from several sources at once. This list was sent to all creditors by the airline itself along with an official letter informing that SmartLynx started the creditor protection procedure.
November 10, 2025
The BLACKLIST.AERO Registry Administration has received a full register of creditors of SMARTLYNX AIRLINES (Latvia), which until recently was part of the AVIA SOLUTIONS GROUP holding. In this list, 781 companies are listed as creditors. The amount of debt is truly amazing: more than 238 million euros.
October 21, 2025
What the BLACKLIST.AERO warned aviation market participants about for many months has come to pass. Merkur Holding (Turkey) is actually ceasing its activities in aviation.
October 2, 2025
Limitless Aviation SM Srl (San Marino) has been officially declared a three-case defaulter the BLACKLIST.AERO Register.
September 30, 2025
Exactly two years ago, I wrote an article about how the new owner of the Greek airline ELLINAIR stole 6.8 million euros of European Union aid, which had been allocated to restore the airline's operations after the Covid-19 pandemic. In addition to the great resonance of this article in Greece itself, for the BLACKLIST.AERO team and for me personally, this resulted in another information attack on us with the same delusional accusations of "blackmail, extortion and slander by pro-Russian gangsters".
September 23, 2025
An email was sent to the BLACKLIST.AERO administration, in which the FLY DUBAI completely denies the fact that DILMURODKHON (DILMUROD) BAKHTIYORKHONOV is its representative. This email was received in response to the official request of the BLACKLIST.AERO administration sent to the airline in connection with the case against PANORAMA AIRWAYS.
September 18, 2025
The editors of BLACKLIST.AERO always strive to avoid real interference in personal life, even when it comes to persistent defaulters or inveterate scammers. We have to shove through large amounts of information about the defaulters in our cases, talk to various sources, and often collect the real picture of what happened bit by bit information that could cause a lot of trouble to all these people.
August 21, 2025
Our public and paralegal actions have pinched the tail of the Russian airline ABAKAN AIR very hard. Judging by the efforts that this company began to make to counter the BLACKLIST.AERO, they began to "burn" there. Military contracts carried out by Abakan Air, which is under US sanctions, may be disrupted. Abakan management is furious.
July 30, 2025
The case of the company BAZE RESEARCH AND DATA SERVICES from Nigeria began quite ordinary. Everything indicated that another crook wanted to “leave the restaurant without paying the bill.” Even the fact that this crook turned out to be a fairly well-known businessman and politician in Nigeria Yusuf Datti Baba-Ahmed did not play any role - our registry is full of such high-ranking defaulters or outright scammers. For some reason, they believe that their financial situation and high social status in their own countries should somehow faze us and make us shut up. But, as you know, all this “mumbo jumbo” does not bother us at all.
July 10, 2025
Tonight, an aircraft IL-76TD with reg. number RA-76370 of ABAKAN AIR (PUMV FZE) arrived from Uganda to OMDW/Dubai Al Maktoum Airport. This company is a defaulter, against which a case has been created in the Global Aviation Register of Defaulter companies BLACKLIST.AERO. Claim amount is USD 1,037,841.60
June 10, 2025
For almost a year now, the BLACKLIST.AERO administration has had information about a significant part of Abdullah Al-Sayed’s assets, which he acquired with the money stolen from NEXUS FLIGHT OPERATIONS creditors. However, the information we obtained was kept away from the public. Instead of making it public, we decided to pass on all the information we had to the trustee Jumana Majdi Qutub in Saudi Arabia, who is searching for NEXUS assets for subsequent compensation of losses to the creditors of this company.
May 27, 2025
Can one company become a 39-Cases Defaulter? As the situation with the Nigerian operator ARIK AIR shows - it can if lawlessness is carried out and patronized at the state level.
May 22, 2025
This was not a voting with any outcome we knew we wanted. Both options have their advantages and challenges for us. But it was important for us to understand the real sentiments among active participants of the aviation market. Because for us these are the people who are called policy makers.
May 6, 2025
Dear BLACKLIST.AERO followers! It is extremely important for us to hear your opinion on one of the most important issues of our site. As you well know, we never delete articles from our site. For all three years, no one has managed to intimidate or bribe us. I told them every time - even if you bang your head against the brick wall, hire lawyers, bandits, killers, anyone, throw mud at us (and at me personally) in the form of various, the most idiotic fakes - it will not help! It also never came to discussing specific amounts for removing an article, because such proposals were nipped in the bud.
April 23, 2025
REMARK: This Сase Was Successfully Resolved
April 15, 2025
The problems of Panorama Airways (Uzbekistan) began almost from the very beginning. In fact, it was a financial pyramid - tickets were sold at a loss, the company existed at the expense of loans from suppliers of fuel, ground handling and catering services. This could not work for so long and one fine day the pyramid collapsed in the most catastrophic way - the airline was unable to take back passengers who flew in January 2024 for Umrah (minor Hajj) to Saudi Arabia.
April 3, 2025
A week after my post about the fact that the co-owner of MERKUR HOLDING (Turkey) Halis Din should be released from prison, he is still behind bars. What is the reason?
March 20, 2025
What is the fate of one of the heroes of the articles in BLACKLIST.AERO, who pocketed the money for aircraft parts and disappeared. I will tell you about this in the new “report from Las Vegas” - a city in which you can become a millionaire almost instantly, and spend your millions in a matter of hours. A city in which the police, apparently, are already so tired of all sorts of crooks and adventurers that they are ready to react to anything only if they are brought a swindler, already handcuffed and with twenty boxes of evidence for the district attorney.
March 14, 2025
As I have just informed, MERKUR HOLDING co-owner Halis Din was arrested yesterday at his home. Halis was sent to prison after a court hearing.
March 11, 2025
“Dear All, We fullfilled refund to you.
February 20, 2025
MERKUR HOLDING (Turkey) intends to lay off 70% of its staff within the next year. And by October 2026, less than a quarter of the current staff will remain in the company. Co-owner of Merkur Holding Halis Din stated this in an “exclusive comment to BLACKLIST.AERO”.
February 18, 2025
I am always very calm when someone expresses disbelief in the facts presented by me in my articles on BLACKLIST.AERO. Why? Because the usual fact-checking and subsequent development of events always proves the accuracy of the facts I have presented. In which it’s so nice to poke “non-believers” noses later ;)
February 14, 2025
Is three years for the company too much or too little? According to the standards of human life, BLACKLIST.AERO is still in the nursery group of the kindergarten: there are many things you don’t know and can’t do. Everything has to be learned as you grow up.
January 31, 2025
REMARK: This Сase Was Successfully Resolved
January 30, 2025
REMARK: This Сase Was Successfully Resolved
January 14, 2025
REMARK: This Сase Was Successfully Resolved
December 19, 2024
“What are you doing?! We all spent tens of thousands of dollars to attract attention to our companies at the exhibition, and you just by making one post on LinkedIn turn all the attention to yourself and these crooks whom you challenged to a battle! Now everyone is whispering only about it! Everyone has forgotten about the exhibition!”
December 13, 2024
This corporate conflict could have turned into a real war. Both sides appealed to BLACKLIST.AERO However, based on the circumstances of the conflict, we could not support either side.
December 3, 2024
Three months ago, I told a story about how fraudsters created a fake BLACKLIST.AERO page on X (former Twitter) with the goal of publishing any nonsense on it just to discredit our reputation. I laughed at this “innocent” idea and said that we need to prepare for much bigger provocations, using deepfake technology. And I was right!
November 26, 2024
The owner of UNITED AVIATION GROUP (South Africa) Jonathan Wolpe was arrested today in Johannesburg, as the editors of the Global Aviation Register of Defaulter companies BLACKLIST.AERO have just learnt.
November 21, 2024
One more Three Cases Defaulter has been added to the Global Aviation Register of Defaulter companies BLACKLIST.AERO. Three cases from different claimants have been submitted and published in relation to GT AirParts LLC from the USA.
November 12, 2024
As the administration of the Global Aviation Register of Defaulter companies BLACKLIST.AERO found out, the company iFUEL AG falsified numerous photos of fuel trucks and other airfield equipment with IFuel logos for use in advertising campaigns.
November 7, 2024
Yesterday, HARMONY JETS put out an official letter to their counterparties, in which they tried to at least somehow fend off my article published two weeks ago. As you remember, I flew to Malta in order to clarify the facts that shed light on why HARMONY JETS flights can be cancelled at any time. And therefore, the company developed a special scheme that allows them not give back the money paid for the flight to clients.
October 29, 2024
There is a certain wicked irony in the fact that a company that signed the Three Cases Declaration two years ago and committed itself to fight systemic defaulters has itself become a Three Cases Defaulter. But if the signing of this Declaration was originally an attempt to avoid the pressure of the BLACKLIST.AERO administration on its own debts, then there is nothing strange about it. As I said before participation in the Three Cases Declaration is not an indulgence from non-payments.
October 17, 2024
In order to understand why companies like HARMONY JETS can do what they do with impunity, I had to fly to Malta. So to speak, “to the stomping ground” of these crooks. Only on the spot was it possible to find out who was covering them - by their active actions or deliberate non-interference. And at the same time to understand why HARMONY JETS flights are cancelled, and their aircraft remain on the ramp.
October 10, 2024
The PR activity of the defendants in the cases in the BLACKLIST.AERO Registry is always a subject of our intense interest. After all, instead of paying off their debts, they spend a lot of money on creating a public image of honest and successful businessmen. Which they are absolutely not.
August 31, 2024
As it often happens after our first publications about a defaulter, more and more details, new cases, new evidence begin to appear. This is what happened with the PRIVATE JET CHARTER LIMITED (UK) case, the article about which caused a real stir. The information received and new cases leave no doubt to the BLACKLIST.AERO editorial team: the non-payments of this company are not accidents, but episodes of an openly fraudulent scheme. These are not tricks, not traps - this is a criminal offense in its purest form.
August 20, 2024
The editors of BLACKLIST.AERO found out from several sources that Saudi Arabian officials responsible for managing the bankruptcy procedure of NEXUS FLIGHT OPERATION SERVICES (Saudi Arabia) are taking legal steps to take control and subsequently sell the US company WYVERN, which is engaged in the certification of business aviation operators.
August 6, 2024
The brokerage company Private Jet Charter (United Kingdom) concluded a charter agreement with a private client and accepted payment from him. Two days before the flight, the broker confessed to the client that the money for the charter had not been transferred to the operator. And asked his client to pay again directly to the operator, otherwise the flight would not operate.
July 6, 2024
In order to create a soap bubble, under which gullible investors will be willing to invest their money, it is important to constantly create the appearance of success and profitability. Actually, it is called a soap bubble precisely because it is a form without real content. What is “seems” but not “is” in reality.
July 6, 2024
To the attention of European operators and charter brokers: the UK registered company JETLUX LTD, which in the recent past was just a firm - a pad for the Ukrainian flight support company SKY HANDLING, has launched the site https://jetlux.com/. The site is a usual interface for ordering a charter flight. Nothing unusual, an ordinary business card site. Except for a couple of things...
June 25, 2024
I have long heard from various sources the statements like: “The HARMONY JETS operator has the game rigged. They are fraudsters. Pay attention to them!” However, we at BLACKLIST.AERO take seriously only two types of information: firstly, cases from our claimants officially registered in the Registry. Because, according to the Claimant agreement they sign, they bear full legal responsibility for the truthfulness of all the information contained in the case. The second type of information is that which is personally received by the Registry administration and editors during subsequent proceedings.
June 4, 2024
Case regarding STAR JETS INTERNATIONAL Inc. (USA) became not just a wake-up call, but a real ALARM signal. Because the information has attracted the attention of large private investors who invested money in the company through the stock exchange. It quickly turned out that Ricky Sitomer had been making a fool of everyone for a long time.
June 4, 2024
Gone are the days when, walking into a Learjet 60 at a static exhibition display, you could meet the former Prosecutor General of Ukraine looking for an aircraft for a fashionable retirement. And the only thought that came to your mind at that moment: “Hm, isn’t he too modest? Others choose more expensive aircraft.” Artem Degtiarov, Chief editor at BLACKLIST.AERO
May 22, 2024
Admit it honestly, the first thing you thought was: “Well, now everything is clear! BLACKLIST.AERO has been talking about “bad” companies for a long time, and now they will talk about “good” ones and charge money for it!”
May 17, 2024
As you know, we at BLACKLIST.AERO are very calm about all sorts of anonymous (or under fake names of so-called “authors”) publications about what kind of “pro-Russian blackmailers and extortionists” we are. Our position is very simple: “Be as mad as you wish, even call us satraps! But your debts will have to be repaid!”
May 9, 2024
This story fully reflects the state of affairs and methods of doing business in modern Georgia. The country, which in words strives to join the European Union, in reality cultivates the linear gangster practices that were common in the countries of the former Soviet Union in the 90s of the past century.
May 2, 2024
Many believe that the problems of the Georgian airline MYWAY began with the attack on Khartoum airport (Sudan) in April 2023. Among the other 20 aircraft that burned down at that time was an aircraft that belonged to MYWAY. However, in fact, the company’s non-payments began long before this terrible incident. From which, by the way, the company was able to fully recover.
March 8, 2024
Last week, already well-known Congressman Danilo (Dan) Fernandez was forced to comment during 10 minutes, right at a meeting of the committee that he heads in the Philippine Congress, on the publications of BLACKLIST.AERO.
March 8, 2024
I have repeatedly said about this simple truth to the co-owner of MERKUR HOLDING, Halis Din. During the time that has passed since he signed the Three Cases Declaration in December 2022, cases against MERKUR and its subsidiary company JET ASSIST have been repeatedly created in the BLACKLIST.AERO Registry.
March 3, 2024
In November 2023, we wrote about AERO BLEU AIRWAYS and its actual owner, Philippine Congressman Dan (Danilo) Fernandez. Let me remind you - this company has repeatedly distinguished itself by wet leasing cargo aircraft for charter programs. However, each time, the lack of professionalism of management in planning flights and basic ignorance of the laws operating in the cargo transportation market led to the fact that programs were disrupted, aircraft were idle, and AERO BLEU AIRWAYS simply refused to pay both leasing payments and the bills for previously provided handling and refueling services.
February 19, 2024
Occasionally, representatives of defaulting companies ask us a question like: “How can you help a company like...” and then the name of the company that filed a case against them. “Ask others, your claimants have a very bad reputation! But we have a good reputation and don’t want the case in BLACKLIST.AERO to cast a shadow over it!”
January 16, 2024
This project was carried like a child - exactly 9 months. When I was already planning to start it, fears arose: “What if war breaks out?” At the end of January - beginning of February, the presence of more than 200 thousand Russian troopers near the borders of Ukraine had indicated that the war was absolutely real. Although only those who planned this war could believe that a big war in Europe is even possible in the 21st century. The subsequent atrocities of Russian soldiers in Bucha, Irpin, Mariupol and hundreds of other large and small cities in Ukraine showed that no achievements of mankind, no technological progress and no check and balance systems will save if mentally sick tyrants are in power.
January 16, 2024
As you know in the work of the BLACKLIST.AERO Register we were guided by a clear definition of what a "Defaulter" is. So, according to our previous rules, Defaulter: a company that has not paid an invoice after more than 90 days past the overdue date.
December 7, 2023
I always knew that fraudsters do not know the difference between cunning and meanness. They do not get it due to a complete lack of empathy. This is what is called a “medical fact”. Their lack of empathy helps them commit fraudulent acts without feeling any guilty conscience. “Conscience” is an absolutely unnecessary and irrational concept for them.
December 6, 2023
The behavior of the owner of UMBRA HOLDINGS LLC (USA) STEFANO LUZZI MARCONE was similar to the behavior of a player in a casino, who is constantly raising his bet. When the BLACKLIST.AERO Registry administration sent the CASE HAS BEEN CREATED notification, we immediately received a response:
November 20, 2023
Mirian Sarishvili, Managing Partner at VIP AVIATION (Georgia)
November 9, 2023
This story would be difficult for the average person to believe. But aviation market professionals are forced to periodically deal with laymen who imagine themselves to be cool businessmen without having a thorough knowledge of their subject. As a result, not only they suffer losses, but also everyone who, out of stupidity or carelessness, decided to contact such idiots.
October 18, 2023
The UNITED FLIGHT SUPPORT (South Africa) case is very representative for the aviation market. It illustrates the most common behavior of debtor company owners. Their attitude towards their debts, and their main motivation in business which is just show-offs.
September 25, 2023
Not long ago, the passenger airline ELLINAIR S.A. (Greece) has announced the upcoming resumption of flights. However, the facts obtained by the editors of the BLACKLIST.AERO Register prove that all the public activity of recent weeks and news about the upcoming restart are needed to the new owners only in order to receive a new tranche of aid from the European Commission. And this tranche will be stolen in the same way as the first. ELLINAIR is not going to fly anywhere.
September 20, 2023
This story might not have happened. Nothing said that JORDAN AVIATION could allow non-payments to its counterparties. The brand of this company has long been known in the aviation market and is usually associated with reliable and high-quality service.
May 24, 2023
The WORLDJETS LTD flights cancellation scandal, which has just now spilled over into the public space, opened one of the most festering wounds of modern business aviation.
May 24, 2023
Of course, the art of bargaining is an important skill in any business. However, the case of ALKAN AIR (Egypt) clearly demonstrates that some companies have elevated bargaining to a kind of cult: “What is a bazaar without bargaining?!”.
May 18, 2023
Artem Degtiarov, Chief editor at BLACKLIST.AERO
May 18, 2023
After the publication of the article "NEXUS - PLEXUS, WHERE ARE YOU?" we have received a very strong positive response from participants of the aviation market. Aviation professionals began to share information with us, which further enhanced the picture of natural fraud arranged by the hero of our article.
April 24, 2023
During our work with defaulters, collecting information about them and communicating with most of them personally, nolens volens, certain observations appear. We joke within a team that soon it will be possible to write a doctoral dissertation on the psychology of non-payers!
April 24, 2023
Artem Degtiarov, Chief editor at BLACKLIST.AERO
April 11, 2023
We often encounter situations where a company accumulates debts and ceases its activity. But at the same time, the former owners of this company are opening under a new sign and continue the same song, only in a new way.
March 8, 2023
The defaulter OMNI PRIVATE JETS ignored all attempts to resolve the issue of non-payment of the handling bill for almost a year. The company didn’t make any complaints about the bill. Didn’t try to explain why it did not pay it. They simply ignored all the requests for payment. As long as BLACKLIST. AERO Operations Team didn’t "pin down" this operator at one airport, which was served by only one handling company. We are grateful to the representatives of this company for the fact that they understood the information provided by us and refused to service the OMNI’s aircraft. That's when representatives of OMNI PRIVATE JETS immediately contacted their creditor and promised to close the debt! Which they did as a result. I just have a question for OMNI: your cheating and arrogance were worth it???
March 8, 2023
Artem Degtiarov, Chief editor at BLACKLIST.AERO
March 7, 2023
Colleagues, have you ever come up against real bandits in aviation? It's not like just scammers, swindlers, crooks. Specifically, with those who are called “gangsters”?
March 7, 2023
Global Aviation Register of Defaulter companies BLACKLIST.AERO is announcing the launch of a new initiative for the entire aviation market, regardless of companies’ size and specialization.
March 7, 2023
The Federal Aviation Administration has officially confirmed that it is investigating the said company. This investigation was started following a preliminary FAA review initiated by the Global Aviation Register of Defaulter companies BLACKLIST.AERO.
March 7, 2023
We are fully aware that we may be accused of blackening a company that allegedly has no direct connection to a defaulter company on our register. However, this story is about why the "Spirit of the Law" is always superior than the "Letter of the Law" and why we intend to continue to bring swindlers to light, no matter what company names they hide behind.
