THE AVIATION COMMUNITY HAS VOICED ITS OPINION. THANK YOU FOR YOUR VOTES!
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.
According to the results of two weeks of voting, the number of those who oppose the removal of articles from the https://blacklist.aero/ site turned out to be twice as high as those who would like the articles to be removed after the case itself is closed. Apparently, the fact that articles on BLACKLIST.AERO only appear on truly egregious cases of non-payment or fraud that outrage not only us, the Registry administration, but also more readers, plays a significant role here.
Well, the aviation community has spoken and BLACKLIST.AERO administration intends to follow the wishes of aviation market participants. We are also very grateful for the professional discussion and suggestions that were expressed in the comments to the voting.
We intend to follow the advice that received the most support and subsequently intend to mark all articles where cases have been successfully resolved with SETTLED AND CLOSED. As with the cases themselves, this will be done 90 days after the CASE HAS BEEN RESOLVED notification from a claimant is received.
On behalf of the BLACKLIST.AERO team, I would like to express my sincere gratitude to everyone who participated in the voting and expressed their opinion. Together with you we are the driving force that really changes the situation with debts and fraud in aviation for the better!
Related article: https://blacklist.aero/news/6819d180fa21649076c6756a
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.
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.
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.
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.
