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SmartLynx Airlines' Change of Ownership Shortly Before Legal Protection Procedure Raises Many Questions

Summary by The Baltic Times
RIGA - The change of ownership of the Latvia-based airline SmartLynx Airlines, which ceased operations on Monday - shortly before the initiation...

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The transfer of ownership rights to the Latvian-registered airline SmartLynx Airlines, previously part of Gediminas Žiemelis' business group, immediately before the start of legal protection procedures raises many questions, said former Latvian Minister of Transport and Communications Talis Linkaitis.

·Vilnius, Lithuania
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The transfer of ownership rights to the Latvian-registered airline SmartLynx Airlines, previously part of Gediminas Žiemelis' business group, immediately before the start of legal protection procedures raises many questions, said former Latvian Minister of Transport and Communications Talis Linkaitis.

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LARA broke the news in on Wednesday, November 26, 2025.
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