newstodate.aero
Aug 02, 2019 (newstodate): The Latvian charter and ACMI carrier SmartLynx is reportedly in the process of change of ownership, pending approval by the Competition Authority.
Since 2016 owned by the Hong Kong-based Celastina Ltd, SmartLynx' potential new owner will be UAE-based holding company Procyone that already 26 percent of the stake in the Lithuanian aviation group Avia Solutions through several subsidiaries.
SmartLynx is part of the Latvian Smart Aviation Holding that includes SmartLynx Airlines Estonia OU and SmartLynx Crewing OU.
Since 2016 owned by the Hong Kong-based Celastina Ltd, SmartLynx' potential new owner will be UAE-based holding company Procyone that already 26 percent of the stake in the Lithuanian aviation group Avia Solutions through several subsidiaries.
SmartLynx is part of the Latvian Smart Aviation Holding that includes SmartLynx Airlines Estonia OU and SmartLynx Crewing OU.