German union warns Ryanair’s strict bag checks fuel tensions on board
Berlin (dpa) – German cabin crew union UFO has warned that Ryanair’s stricter hand luggage checks could create new tensions on board, after the airline announced higher rewards for staff [..]
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 [..]
Lufthansa reports €1.4 billion net profit for 2024, plans expansion
German airline conglomerate Lufthansa Group reported a decline in net profit for fiscal 2024, dropping to €1.4 billion ($1.5 billion) from €1.7 billion the previous year. The group generated an [..]
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 [..]
Lufthansa to take minority stake in Italy’s ITA Airways on January 13
Frankfurt (dpa) – German aviation giant Lufthansa Group is set to take a stake in Italian state-owned airline ITA on January 13 following years of negotiations over a deal, dpa [..]
Nordica company expected to close, file for bankruptcy
An investor in the Nordic Aviation Group (Nordica) airline company, Lars Thuesen, announced on Monday that he is no longer planning to privatise the company, and so after an assessment [..]
Fate of Estonian state-owned airline Nordica still hanging in the balance
The Estonian government has deferred a pivotal decision on the future of the state-owned aviation firm Nordica. The airline is facing a crisis point, reportedly racing to secure aircraft contracts [..]
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 [..]
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 [..]
Airbus A340s scheduled to fly from Siauliai to Sri Lanka, Philippines ended up in Iran
Two Airbus A340s belonging to Gambia’s leasing company Macka Invest Company, which were due to fly from Siauliai to Sri Lanka and the Philippines in late February, ended up in [..]
Ministry tasked with drafting plan for Nordica’s privatization in 3 months
Estonian Prime Minister Kaja Kallas said at the government’s press conference on Thursday that the Ministry of Climate has been given a task to prepare, within the next three months, [..]
Court rejects Ryanair, Wizz Air appeals against new Vilnius Airport charges
A Vilnius court has rejected appeals by Irish and Hungarian airlines Ryanair and Wizz Air against increased charges at Vilnius Airport in 2023, Lietuvos Oro Uostai (Lithuanian Airports, LTOU), the [..]
Estonian govt approves divestment of Nordica shares
At its sitting on Thursday, the Estonian government approved a decision to grant the climate minister permission to divest 100 percent of the shares owned by the state in Nordic [..]
Lufthansa strike affects flights from Lithuania to Munich, Frankfurt
This week’s strike by the German airline Lufthansa’s ground staff will affect six flights to and from Lithuania, Tadas Vasiliauskas, spokesman for Lietuvos Oro Uostai (Lithuanian Airports, LTOU), said on [..]
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 [..]