The Latvian airline airBaltic announces the successful completion and operational launch of two aircraft hangars located at its home base in RIX Riga Airport. Both hangars, each accommodating one ...

This partnership provides for Lufthansa Group carriers (which includes Austrian, Brussels Airlines, SWISS, Air Dolomiti, Discover, and ITA Airways) to employ up to five of airBaltic’s fleet of 50 ...

However, the executive outlined his frustrations with the current political climate in Latvia. The Latvian government owns 97.97% of airBaltic’s shares, while the remainder is held by Aircraft Leasing ...

He said this will not be a difficult task with Lufthansa Group’s backing. The politician added that once the deal is sealed, both sides will continue the previously signed deal on the lease of ...

airBaltic is owned by the Republic of Latvia (97.97% stake) and Aircraft Leasing 1, a Latvia-based limited liability company (Sabiedrība, SIA). Vasks noted that shareholders’ support was critical, ...

airBaltic (BT, Riga) has announced that it will cancel about 5% of all its flights currently planned for 2025, including suspending 19 routes altogether and reducing frequencies on 21 other routes due ...

This long-recognized issue has forced dozens of airlines worldwide to ground aircraft in order to undergo inspections, leading to capacity reductions and operational issues. airBaltic, which operates ...

Founded in 1995, today airBaltic operates one of Europe’s youngest fleets, consisting of 49 Airbus A220-300 aircraft, and employs over 2 700 professionals. The company is majority-owned by the Latvian ...

In 2023 airBaltic's audited turnover was EUR 664.289 million, up 33.2 percent on 2022, and the company made a profit of EUR 33.852 million, compared to a loss the year before. The Latvian state owns ...

as well as the company made a profit of EUR 33.852 million as opposed to losses a year earlier.Latvian state owns 97.97% of shares in airBaltic. Aircraft Leasing 1, which is owned by financial ...