{"id":70434,"date":"2025-12-10T06:04:08","date_gmt":"2025-12-10T06:04:08","guid":{"rendered":"https:\/\/www.europesays.com\/lv\/70434\/"},"modified":"2025-12-10T06:04:08","modified_gmt":"2025-12-10T06:04:08","slug":"airbaltic-finansu-krize-nra-lv-2","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/lv\/70434\/","title":{"rendered":"airBaltic finan\u0161u kr\u012bze &#8211; nra.lv"},"content":{"rendered":"<p class=\"descr\">\u201cNeatkar\u012bg\u0101s\u201d aptauj\u0101tie satiksmes ministrs Atis \u0160vinka (\u201cProgres\u012bvie\u201d) un finan\u0161u ministrs Arvils A\u0161eradens (\u201cJaun\u0101 vienot\u012bba\u201d) \u013coti piesardz\u012bgi run\u0101 par iesp\u0113jamiem risin\u0101jumiem saist\u012bb\u0101 ar nacion\u0101l\u0101s aviokomp\u0101nijas \u201cairBaltic\u201d finan\u0161u st\u0101vokli. Ministru izteikumos izskan v\u0113lme un cer\u012bba uz \u201cairBaltic\u201d akcion\u0101ra \u201cLufhansa\u201d liel\u0101ku iesaisti risin\u0101jumu mekl\u0113jumos.<\/p>\n<p><a href=\"https:\/\/nra.lv\/birka\/airbaltic\/\" target=\"_blank\" rel=\"noopener nofollow\"> \u201cairBaltic\u201d<\/a> probl\u0113mas ar finans\u0113m p\u0113d\u0113jos gados bijusi diezgan ierasta situ\u0101cija un nav pazudusi ar\u012b \u0161obr\u012bd. Starptautisk\u0101 reitingu a\u0123ent\u016bra \u201cFitch Ratings\u201d nesen pazemin\u0101ja komp\u0101nijas ilgtermi\u0146a saist\u012bbu reitingu no \u201cB-\u201c uz \u201cCCC+\u201d, kas faktiski noz\u012bm\u0113 \u013coti augstus riskus. Maks\u0101tnesp\u0113ja nav tikai teorija, bet tuv\u0101ka realit\u0101tei nek\u0101 iepriek\u0161. Ar\u012b priorit\u0101r\u0101s oblig\u0101cijas (380 miljoni eiro) tagad atrodas vienu soli augst\u0101k\u0101 riska kategorij\u0101. \u201cRR3\u201d r\u0101d\u012bt\u0101js noz\u012bm\u0113, ka ieguld\u012bt\u0101jiem ir potenci\u0101li liel\u0101ks risks zaud\u0113t naudu. <\/p>\n<p>2025. gada finan\u0161u r\u0101d\u012bt\u0101ji l\u012bdz \u0161im nav biju\u0161i iepriecino\u0161i: darb\u012bbas izmaksas augstas, rentabilit\u0101te zema, negat\u012bva br\u012bv\u0101 naudas pl\u016bsma un v\u0101ja likvidit\u0101te. Lielais nomas par\u0101ds, kas tiek izmantots flotes izaugsmes finans\u0113\u0161anai, tikai v\u0113l vair\u0101k pasliktina situ\u0101ciju, teikts \u201cFitch\u201d koment\u0101r\u0101.<\/p>\n<p>A\u0123ent\u016bra \u201cFitch\u201d skaidro, ka kred\u012btreitinga pazemin\u0101\u0161ana atspogu\u013co augst\u0101ku nek\u0101 gaid\u012bts aiz\u0146emto l\u012bdzek\u013cu \u012bpatsvaru un v\u0101j\u0101ku finansi\u0101lo elast\u012bbu, k\u0101 rezult\u0101t\u0101 n\u0101kamajos 12 m\u0113ne\u0161os rad\u012bsies iev\u0113rojamas \u0101r\u0113j\u0101 finans\u0113juma vajadz\u012bbas. Tas ar\u012b atspogu\u013co neskaidr\u012bbu par pl\u0101noto IPO laiku un ie\u0146\u0113mumiem, kas ir kritiski svar\u012bgi. <\/p>\n<p>Atbild\u012bgie ministri \u0161obr\u012bd nesp\u0113j skaidri atbild\u0113t par valsts naudas ieguld\u012b\u0161anu \u201cairBaltic\u201d un arvien liek cer\u012bbas uz IPO procesu un \u201cLufthansa\u201d k\u0101 l\u012bdz\u012bpa\u0161nieka iesaisti. IPO ir process, kur\u0101 uz\u0146\u0113mums pirmo reizi lai\u017e p\u0101rdo\u0161an\u0101 savas akcijas bir\u017e\u0101, \u013caujot k\u013c\u016bt par t\u0101 l\u012bdz\u012bpa\u0161niekiem ne tikai lieliem investoriem, bet ar\u012b jebkuram interesentam. <\/p>\n<p>Neskaidrs paliek jaut\u0101jums &#8211; k\u0101 investoru interesi var\u0113tu ietekm\u0113t zem\u0101ks kred\u012btreitings un liel\u0101ki riski? Ministri atz\u012bst, ka IPO process jau ir aizkav\u0113jies un lielas cer\u012bbas \u0161obr\u012bd tiek liktas uz jaun\u0101 akcion\u0101ra \u201cLufthansa\u201d strat\u0113\u0123iju. Zem\u0101k satiksmes un finan\u0161u ministru skaidrojums. <\/p>\n<p>Vai valsts ir gatava ieguld\u012bt naudu \u201cairBaltic\u201d, ja vajadz\u0113s? <\/p>\n<p>Satiksmes ministrs Atis \u0160vinka: \u201cPirmk\u0101rt, \u201cFitch\u201d ir neatkar\u012bga kred\u012btreitingu a\u0123ent\u016bra. Metodolo\u0123ija katrai reitingu a\u0123ent\u016brai at\u0161\u0137iras. (..) Vienlaikus, protams, ir zin\u0101mi izaicin\u0101jumi un sare\u017e\u0123\u012bjumi komp\u0101nij\u0101, ko ar\u012b \u201cFitch\u201d ir nor\u0101d\u012bjusi. Vi\u0146i ar\u012b atz\u012bm\u0113 \u201cairBaltic\u201d noz\u012bm\u012bgumu re\u0123ion\u0101 kopum\u0101. (..) Kas attiecas uz priv\u0101t\u0101 kapit\u0101la piesaisti &#8211; es k\u0101 ministrs esmu vienm\u0113r teicis, ka uz to j\u0101virz\u0101s. Es pat teiktu vair\u0101k &#8211; ja pirms k\u0101da laika run\u0101j\u0101m par IPO k\u0101 vien\u012bgo elementu, tad \u201cpirms IPO process\u201d ar\u012b var b\u016bt k\u0101 priv\u0101t\u0101 kapit\u0101la piesaiste un ir ar\u012b citi finan\u0161u piesaistes elementi, k\u0101 var piesaist\u012bt priv\u0101to kapit\u0101lu. \u0160ogad esam piesaist\u012bju\u0161i \u201cLufthansa\u201d k\u0101 strat\u0113\u0123isko partneri \u201cairBaltic\u201d. Mums t\u0101 ir privil\u0113\u0123ija. Vis\u0101s sarun\u0101s \u201cLufthansa\u201d tiek uzrun\u0101ts k\u0101 m\u016bsu partneris l\u0113mumu pie\u0146em\u0161an\u0101. No \u201cairBaltic\u201d tiek gaid\u012bti priek\u0161likumi priv\u0101t\u0101 kapit\u0101la piesaistei, lai vald\u012bba un es k\u0101 satiksmes ministrs var\u0113tu t\u0101l\u0101k lemt.\u201d <\/p>\n<p>Finan\u0161u ministrs <a href=\"https:\/\/nra.lv\/birka\/arvils-aseradens\/\" target=\"_blank\" rel=\"noopener nofollow\">Arvils A\u0161eradens<\/a>: \u201cM\u0113s visi zin\u0101m, ka komp\u0101nijai ir nepiecie\u0161ams kapit\u0101ls. Komp\u0101nija ir emit\u0113jusi diezgan d\u0101rgas oblig\u0101cijas, par kur\u0101m maks\u0101 \u013coti lielus procentus. (..) M\u0113s redzam, ka komp\u0101nija l\u0113n\u0101m s\u0101k stabiliz\u0113t savu darb\u012bbu. M\u0113s vald\u012bb\u0101 gaid\u0101m, k\u0101 darbu ir uzs\u0101cis jaunais vad\u012bt\u0101js un ar\u012b jaun\u0101 komp\u0101nijas l\u012bdz\u012bpa\u0161nieka \u201cLufthansa\u201d redz\u0113jumu par t\u0101l\u0101ku biznesa t\u0101l\u0101k\u0101s att\u012bst\u012bbas strat\u0113\u0123iju. Jau \u0161\u012b gada s\u0101kum\u0101 bija runa par potenci\u0101lo ie\u0161anu uz bir\u017eu un priv\u0101t\u0101 kapit\u0101la piesaist\u012b\u0161anu. Skat\u012bsimies, k\u0101di b\u016bs pl\u0101ni jaunajam vad\u012bt\u0101jam un jaunajiem akcion\u0101riem kop\u0101 ar Satiksmes ministriju, tad es var\u0113tu izteikt k\u0101du poz\u012bciju.\u201d <\/p>\n<p>Vai par IPO mums j\u0101aizmirst? <\/p>\n<p>Ministri skaidro ar\u012b to, k\u0101di ir iesp\u0113jamie risin\u0101jumi un vai IPO process nevar\u0113tu aizkav\u0113ties kred\u012btreitinga krituma d\u0113\u013c; vai ar \u0161\u0101du kred\u012btreitingu neb\u016bs gr\u016bt\u0101k iet priv\u0101taj\u0101 sektor\u0101? <\/p>\n<p><a href=\"https:\/\/nra.lv\/birka\/atis-svinka\/\" target=\"_blank\" rel=\"noopener nofollow\">Atis \u0160vinka<\/a>: \u201cVald\u012bba jau pirms k\u0101da laika ir izteikusi skaidru redz\u0113jumu, ka \u201cairBaltic\u201d ir j\u0101piesaista priv\u0101tais kapit\u0101ls. (..) Valsts to ir nodefin\u0113jusi. \u0160obr\u012bd l\u0113mums ir 25% plus viena akcija. T\u0101l\u0101k &#8211; piesaist\u012bt priv\u0101to kapit\u0101lu, tai skait\u0101 ar IPO.\u201d <\/p>\n<p>Arvils A\u0161eradens: \u201cS\u0101kum\u0101 jau teicu, ka uz\u0146\u0113mumam nepiecie\u0161ams kapit\u0101ls. Risin\u0101jums bija iet priv\u0101taj\u0101 tirg\u016b. Skaidrs, ka risin\u0101jums j\u0101mekl\u0113. Gaid\u0101m priv\u0101to akcion\u0101ru un jaun\u0101 vad\u012bt\u0101ja poz\u012bciju. Attiec\u012bb\u0101 uz stabiliz\u0101ciju &#8211; m\u0113s redzam, ka uz\u0146\u0113mums b\u016btiski samazina izmaksas. Ikdienas oper\u0101cijas k\u013c\u016bst arvien rentabl\u0101kas. Satiksmes ministrija sper zin\u0101mus so\u013cus. Ir piesaist\u012bts \u201cLufthansa\u201d k\u0101 akcion\u0101rs. Taj\u0101 virzien\u0101 jau m\u0113s ejam. (..) EK noteikumi neparedz, ka valstis ilgsto\u0161i var konkur\u0113t avi\u0101cijas biznes\u0101. Valst\u012bm ir pien\u0101kums dom\u0101t, k\u0101 \u0161\u012bs komp\u0101nijas k\u013c\u016bst priv\u0101tas. Diem\u017e\u0113l vad\u012bbas mai\u0146as un citu jaut\u0101jumu d\u0113\u013c izie\u0161ana bir\u017e\u0101 nebija veiksm\u012bga. Piesaist\u012bj\u0101m vismaz vienu akcion\u0101ru.\u201d <\/p>\n<p>Satiksmes ministrijai savs redz\u0113jums <\/p>\n<p>Izvair\u012bgi situ\u0101ciju v\u0113rt\u0113 ar\u012b Satiksmes ministrija, kura ir \u201cairBaltic\u201d valstij piedero\u0161o kapit\u0101la da\u013cu tur\u0113t\u0101ja. Kapit\u0101la da\u013cu tur\u0113t\u0101jam vaic\u0101j\u0101m &#8211; cik re\u0101la ir iesp\u0113ja, ka n\u0101ksies \u201cgl\u0101bt\u201d uz\u0146\u0113mumu \u201cairBaltic\u201d, ieguldot naudu; vai ir dom\u0101ts par r\u012bc\u012bbas scen\u0101riju, ja \u201cairBaltic\u201d neizdosies piesaist\u012bt priv\u0101tos investorus vai kav\u0113sies IPO process, kas ir visnota\u013c re\u0101la situ\u0101cija, \u0146emot v\u0113r\u0101 uz\u0146\u0113muma finan\u0161u situ\u0101cijas nov\u0113rt\u0113jumu tuv\u0101k maks\u0101tnesp\u0113jai nek\u0101 stabilit\u0101tei. Protams, l\u016bdz\u0101m skaidrot ar\u012b valsts iesaisti uz\u0146\u0113muma darb\u012bb\u0101. Turpin\u0101jum\u0101 Satiksmes ministrijas atbilde: <\/p>\n<p>\u201cStarptautisk\u0101s reitingu a\u0123ent\u016bras &#8220;Fitch Ratings&#8221; anal\u012bze apstiprina gan nozares sare\u017e\u0123\u012bjumus, gan nacion\u0101l\u0101s aviosabiedr\u012bbas stipr\u0101s puses &#8211; vado\u0161o poz\u012bciju Baltij\u0101, moderno \u201cAirbus A220\u201d floti un ACMI biznesa (lidma\u0161\u012bnu noma kop\u0101 ar apkalpi) att\u012bst\u012bbu. Satiksmes ministrijas ieskat\u0101 v\u0113rt\u0113jums ir profesion\u0101ls tirgus sign\u0101ls, ar ko ir j\u0101r\u0113\u0137in\u0101s, vienlaikus tas nemaina ministrijas redz\u0113jumu par uz\u0146\u0113muma strat\u0113\u0123isko noz\u012bmi un t\u0101l\u0101kajiem so\u013ciem. Reitingu a\u0123ent\u016bru anal\u012bzes neietekm\u0113 \u201cairBaltic\u201d ikdienas operat\u012bvo darb\u012bbu vai pakalpojumu kvalit\u0101ti, un lidsabiedr\u012bba turpina savu darb\u012bbu un virz\u012bbu uz IPO. <\/p>\n<p>\u201cairBaltic\u201d potenci\u0101l\u0101 IPO laiks ir atkar\u012bgs no tirgus situ\u0101cijas, kas Eirop\u0101 \u0161obr\u012bd ir main\u012bga. &#8220;Fitch Ratings&#8221; p\u0113t\u012bjum\u0101 nor\u0101da, ka investoru interese ir iesp\u0113jama, uzlabojoties lidsabiedr\u012bbas finan\u0161u r\u0101d\u012bt\u0101jiem. \u201cairBaltic\u201d turpina \u012bstenot pas\u0101kumus darb\u012bbas efektivit\u0101tes uzlabo\u0161anai un kapit\u0101la strukt\u016bras stiprin\u0101\u0161anai, tostarp ar modernas flotes priek\u0161roc\u012bb\u0101m un stabilu starptautisku sadarb\u012bbu ACMI segment\u0101. K\u0101 skaidro uz\u0146\u0113muma vad\u012bba, 2026. gad\u0101 sagaid\u0101ma operat\u012bvo izmaksu mazin\u0101\u0161an\u0101s l\u012bdz ar dzin\u0113ju tehnisko ierobe\u017eojumu atrisin\u0101\u0161anos, k\u0101 ar\u012b maz\u0101ku konkurences spiedienu re\u0123ion\u0101. <\/p>\n<p>\u201cairBaltic\u201d ir b\u016btiska Latvijas transporta infrastrukt\u016bras da\u013ca un re\u0123iona vado\u0161ais p\u0101rvad\u0101t\u0101js. Uz\u0146\u0113mums nodro\u0161ina savienojam\u012bbu, kas ir svar\u012bga ekonomikas att\u012bst\u012bbai, invest\u012bciju piesaistei un iedz\u012bvot\u0101ju mobilit\u0101tei. Lidsabiedr\u012bbas strat\u0113\u0123isk\u0101s funkcijas nodro\u0161in\u0101\u0161ana ir svar\u012bga, valsts izv\u0113rt\u0113 iesp\u0113jamos risin\u0101jumus, vienlaikus \u0161obr\u012bd nek\u0101di konkr\u0113ti l\u0113mumi v\u0113l nav pie\u0146emti.\u201d <\/p>\n<p>L\u012bdz\u012bgi vaic\u0101j\u0101m ar\u012b Finan\u0161u ministrijai. No t\u0101s sa\u0146\u0113m\u0101m lakonisku atbildi: \u201cNozares ministrija &#8211; Satiksmes ministrija sniegs atbildes uz J\u016bsu jaut\u0101jumiem p\u0113c b\u016bt\u012bbas.\u201d <\/p>\n<p>\t\t\t\t\t\tinfo<\/p>\n<p>Uzzini pirmais<br \/>kas interesants noticis Latvij\u0101 un pasaul\u0113,<br \/>pievienojoties mums <a href=\"https:\/\/t.me\/neatkariga\" rel=\"nofollow\">Telegram<\/a> vai <a href=\"https:\/\/whatsapp.com\/channel\/0029VaMLFUH5K3zLU5s4wm3y\" rel=\"nofollow noopener\" target=\"_blank\">Whatsapp<\/a> kan\u0101l\u0101<\/p>\n","protected":false},"excerpt":{"rendered":"\u201cNeatkar\u012bg\u0101s\u201d aptauj\u0101tie satiksmes ministrs Atis \u0160vinka (\u201cProgres\u012bvie\u201d) un finan\u0161u ministrs Arvils A\u0161eradens (\u201cJaun\u0101 vienot\u012bba\u201d) \u013coti piesardz\u012bgi run\u0101 par&hellip;\n","protected":false},"author":2,"featured_media":70359,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[77,76,35,39,38,36,37,34,40],"class_list":{"0":"post-70434","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bizness","8":"tag-bizness","9":"tag-business","10":"tag-latvia","11":"tag-latvian","12":"tag-latviesu","13":"tag-latviesu-valoda","14":"tag-latviesuvaloda","15":"tag-latvija","16":"tag-lv"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@lv\/115693765484967886","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/lv\/wp-json\/wp\/v2\/posts\/70434","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/lv\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/lv\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/lv\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/lv\/wp-json\/wp\/v2\/comments?post=70434"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/lv\/wp-json\/wp\/v2\/posts\/70434\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/lv\/wp-json\/wp\/v2\/media\/70359"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/lv\/wp-json\/wp\/v2\/media?parent=70434"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/lv\/wp-json\/wp\/v2\/categories?post=70434"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/lv\/wp-json\/wp\/v2\/tags?post=70434"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}