airBaltic

Air Baltic secures investor, but postpones stock market debut

By journalist Ain Alvela. After announcing the plans to raise capital through a stock market listing and secure a strategic investor last year, the future of Air Baltic is still [..]

Salary of next airBaltic CEO depends on job contract

Remuneration for the next CEO of the Latvian flag carrier airBaltic will be depend on the individual job contract that is concluded with the selected candidate, the parliamentary secretary of [..]

airBaltic launches search for new CEO

The Supervisory Board of Latvia’s flag carrier airBaltic has launched an international search for a new chief executive officer, LETA has learned at the company. The task for the new [..]

airBaltic increases flight frequency

The Latvian flag carrier airBaltic is increasing its flight frequencies from Riga, Tallinn and Vilnius to Amsterdam, the company told LETA. As of March 30, airBaltic will offer three flights [..]

airBaltic, Finnair, Ryanair, Air China used Latvian airspace most often last year

The Latvian air traffic controller Latvijas Gaisa Satiksme (LGS), which manages air traffic in Latvia, has told the LETA news agency that last year Latvia’s controlled airspace was used most [..]

airBaltic share capital reduced substantially

The share capital of the Latvian national flag carrier airBaltic has been reduced by EUR 571.293 million to just EUR 25.179 million, according to information from Firmas.lv. The share capital [..]

airBaltic to offer two daily flights from Tallinn to Amsterdam

On March 30, the Latvian flag carrier airBaltic will add a second flight to Amsterdam to its flight schedule from Tallinn, thus creating excellent connections to North America, the UK, [..]

airBaltic supervisory board to be replaced

The supervisory board of Latvia’s flag carrier airBaltic will be replaced under an agreement which the board reached with the Latvian Ministry of Transport, according to a statement issued by [..]

AirBaltic announces cancellation of thousands of upcoming flights

The Latvian flag carrier airBaltic has announced plans to cancel 4,670 flights from its hub airports during the summer of 2025. The airline said on Thursday that this is down [..]

airBaltic Presents Its New Calendar for 2025

As 2025 approaches, Latvian airline airBaltic proudly unveils its annual calendar, featuring 12 cities across the Baltic countries and showcasing employees from various roles within the airline – including cabin [..]

Air Baltic introduces new ticket types

Latvian airline Air Baltic has introduced new ticket types for both the economy and business class from Wednesday, Sept. 25. The new ticket types — Economy Basic, Economy Classic, Economy [..]

United List asking prime minister to explain government’s actions and decisions on airBaltic

Opposition party the United List is asking Prime Minister Evika Silina (New Unity) to explain the government’s actions and decisions on the national airline airBaltic, plans to recover taxpayers’ money [..]

Aviation expert Toomas Peterson: Securing Air Baltic’s future requires involving a core investor

Journalist’s Ain Alvela interview with an aviation expert Toomas Peterson, who thinks that involving a core investor should help alleviate the company’s financial concerns, enable the purchase or lease of [..]

Transport Minister’s communication on airBaltic has been complete “failure” – president

The communication of Transport Minister Kaspars Briskens (Progressives) on the issue of the Latvian national airline airBaltic has absolutely “failed”, Latvian President Edgars Rinkevics said at a press conference after [..]

airBaltic aims to raise around EUR 300 million via IPO

Latvia’s national carrier airBaltic aims to raise around EUR 300 million via an initial public offering (IPO) of its shares, Klavs Vasks, Chairman of the airBaltic Supervisory Board, said at [..]

airBaltic to establish new crew bases and raise salaries for pilots and cabin crew

As national airline airBaltic continues to expand across the Baltic countries, the airline plans to establish new crew bases in Tallinn and Vilnius, airBaltic representatives informed LETA. For the upcoming [..]

Air Baltic to launch Vilnius-Dusseldorf flights in late October

Latvia’s Air Baltic is set to launch flights between Vilnius and Dusseldorf in Germany from October 31, Lietuvos Oro Uostai (Lithuanian Airports, LTOU) said on Tuesday. LTOU has signed an [..]

Strategic investor shows interest in airBaltic shares

A strategic investor has shown interest in the shares of Latvia’s national carrier airBaltic before the company’s potential initial public offering (IPO), Transport Minister Kaspars Briskens (Progressives) said Tuesday at [..]

airBaltic is not planning on ensuring regular flights to Liepaja at the moment

Latvian national airline airBaltic does not plan to provide regular flights to Liepaja, however, discussions and plans on the possibility of such flights in the future are still topical and [..]

airBaltic prices a EUR 340 million bond issue

Latvian national airline airBaltic has issued bonds worth EUR 340 million, Transport Minister Kaspars Briskens (Progressives) announced in a tweet last night. airBaltic said in a statement that it has [..]

State might buy up to EUR 100 million worth of airBaltic shares – Aseradens

The Latvian state might purchase up to EUR 100 million worth of shares in airBaltic national carrier, Finance Minister Arvils Aseradens (New Unity) told reporters following the weekly coalition meeting [..]

airBaltic plans to launch public offering in second half of year

Latvian national airline airBaltic plans to announce a public offering of its shares in the second half of the year, the airline’s CEO Martin Gauss told Latvian Television (LTV) in [..]

Aviation agency looking into error that caused oxygen masks to drop on airBaltic flight

The Civil Aviation Agency (CAA) is looking into a system error that caused oxygen mask compartments to open on an airBaltic flight from Helsinki to Riga last week, according to [..]

Air Baltic to offer flights from Vilnius to Hamburg, Lisbon from May

Latvia’s Air Baltic is set to offer flights from Vilnius to Hamburg and Lisbon from May, Lithuanian Transport Minister Marius Skuodis said on Wednesday. “Starting from May, Air Baltic will [..]

Tenerife, Munich, Vilnius most popular Air Baltic destinations from Estonia in January

For passengers flying out of Tallinn, the most popular flight destinations of Air Baltic in January were Tenerife, Munich and Vilnius. In addition, flights to Copenhagen, Amsterdam and Malaga were [..]

Malaga, Copenhagen, Brussels most popular Air Baltic destinations from Estonia in December

For passengers flying out of Tallinn, the most popular flight destinations of Air Baltic in December were Malaga, Copenhagen and Brussels. In addition, flights to Vilnius, London, Tenerife and Riga [..]

Lithuania considers buying shares in Air Baltic – minister

Lithuania is considering buying a stake in Latvia’s national airline Air Baltic, Transport Minister Marius Skuodis said on Tuesday. “I have already had two conversations with the Latvian transport minister [..]

Malaga, Riga, London were Air Baltic’s most popular destinations from Estonia in November

For passengers flying out of Tallinn, the most popular flight destinations of Air Baltic in November were Malaga, Riga and London. Interest in these destinations was high among leisure and [..]

airBaltic Places New Order, Eyes Expansion to 100 Airbus A220-300s by 2030

During the Dubai Airshow 2023, the Latvian national airline airBaltic and the aircraft manufacturer Airbus announced a firm purchase agreement for 30 Airbus A220-300 aircraft with purchase rights for an [..]

airBaltic is not yet planning to offer direct flights to US – Gauss

Latvian national airline airBaltic does not yet plan to offer direct flights from Latvia to the United States, Martin Gauss, President and CEO of airBaltic, told Latvian Television this morning. [..]

airBaltic Reaches Record High Employee Mark of 2 500

The Latvian national airline, airBaltic, announces that the number of employees at the company has exceeded 2 500, reaching the all-time highest count since the founding of the airline in [..]

airBaltic plans to conduct evacuation flight from Israel

Latvian national airline airBaltic plans to make a special evacuation flight from Israel today at the request from the Foreign Ministry, the ministry’s press secretary Diāna Eglīte informed LETA. She [..]