Founded in 1992 (as Latcharter Airlines). The first airline to provide out package holidays from Riga, well equipped to provide for sports, event, concert, governmental, military and executive charter flights.
The second largest local carrier and fleet owner.
Addition of two YAK-42D aircraft to the fleet and full introduction of the JAR requirements. Nine regular holiday destinations. Beginning of wet lease.
Introduction of A320-200 and addition of a second A320-200.
Acquisition by Loftleidir Icelandic of Icelandair Group. Enters to the worldwide ACMI market.
Acquisition of five more A320-200 and two B767-300.
Rebranding and change of name to SmartLynx. Smart and reliable solutions within a business to business niche market represented by a wildcat specific to Latvia.
Management takeover of SmartLynx resulting in a change of ownership of the company. Although the connection with Loftleidir remains, SmartLynx is an independent entity. Establishment of subsidiary SmartLynx Airlines Estonia.
A Netherlands-based investment fund becomes the owner of the company. SmartLynx aims to enlarge its fleet by 1-2 airplanes each year and expand the geography of its operations beyond Europe to Asia.
New office building as an addition to existing one in Riga headquarters. 1100m2 of modern and collaborative work environment spread over 3 floors. Establishment of subsidiary SmartLynx Airlines Malta.