All Air Baltic articles
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NewsEstonian government turns down Air Baltic share offer as it seeks to develop Tallinn hub
Estonia’s government has turned down an offer to acquire a shareholding in Air Baltic, as it looks to improve connectivity from the capital’s Tallinn airport.
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NewsGerman regulator permits Lufthansa acquisition of Air Baltic share despite reservations
Lufthansa Group has been cleared to acquire a minority shareholding in Latvian carrier Air Baltic by the German competition regulator, despite concerns over the effect on certain routes. Earlier this year, Lufthansa disclosed that it would take a convertible 10% stake in the airline, ahead of a planned share issue. ...
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NewsLong-term Air Baltic chief Gauss forced to step down after no-confidence vote
Air Baltic’s long-term chief executive, Martin Gauss, is stepping down from his post after a no-confidence vote, as the Latvian carrier edges towards a planned initial public offering. Chief operations officer Pauls Calitis will temporarily take over as the head of the airline. The carrier says the supervisory board “decided ...
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NewsAir Baltic records full-year net loss but sees evidence of engine problems receding
Air Baltic had an average of eight Airbus A220 aircraft simultaneously grounded over spare engine shortages last year, and expects the situation to continue in 2025. The figure is lower than the nine it recorded the previous year, and the carrier states that the overall performance of the Pratt & ...
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NewsLatvian transport minister: Lufthansa partnership a ‘strategic asset’ to Air Baltic
Latvia’s government aims to retain at least a 25% interest in Air Baltic as the company prepares to open its capital to investors, but accepts that the carrier might have to give up some of its independence in order to flourish. Speaking to FlightGlobal on 12 February, Latvian transport minister ...
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NewsLufthansa Group to take minority stake in partner carrier Air Baltic
Lufthansa Group has agreed to take a 10% convertible shareholding in Air Baltic, ahead of the Latvian carrier’s upcoming initial public offering. The agreement – valued at €14 million ($14.6 million) – involves Lufthansa’s acquiring convertible shares which would be changed to ordinary shares once the offering takes place. Lufthansa ...
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NewsUruguayan start-up SUA to lease A220 fleet from Air Baltic
Latvia’s Air Baltic is to provide the initial fleet for a Uruguayan start-up carrier branded SUA Lineas Aereas, which aims to commence operations later this year. Air Baltic is to supply up to five Airbus A220-300s via a wet-lease agreement from October. The carrier states that it will also provide ...
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NewsAir Baltic supervisory council to be replaced as carrier prepares to receive strategic investor
Latvia’s transport ministry is to replace the council of Air Baltic, ahead of plans to bring in a strategic investor to develop the carrier. Chairman of the supervisory board Klavs Vasks, and supervisory board members Kaspars Ozolins and Andris Liepins have each signed an agreement to terminate authorisation, and a ...
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NewsAir Baltic shows off commemorative livery design as it takes A220 fleet to 50
Latvian carrier Air Baltic has shown off the colour scheme which will feature on its latest Airbus A220-300, delivery of which will bring its fleet of the type to 50. Air Baltic will receive the aircraft (MSN55329, YL-ABX), which underwent 18 days of painting at Montreal Mirabel, in February. The ...
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NewsAir Baltic cuts back summer schedule citing A220 engine maintenance delays
Air Baltic is cutting 19 routes from its planned summer schedule, and reducing frequencies on others, attributing the decision to delays in engine maintenance for its Airbus A220-300 fleet. The carrier – which was the launch operator for the type – has nearly 50, but it says it is experiencing ...
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NewsAir Baltic chief highlights crucial role of connectivity as carrier awaits IPO launch
Air Baltic chief executive Martin Gauss remains confident in the prospects for the airline’s initial public offering, despite its being pushed back at least to the first half of next year. Speaking to FlightGlobal in London, Gauss said the “market is not right” for the IPO from which the carrier ...
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NewsAir Baltic signs for 10 additional A220-300s
Latvian carrier Air Baltic has exercised options on another 10 Airbus A220-300s, taking its total commitment to 90 aircraft.
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NewsFokker Next Gen mulls joint 777 flying testbed
Fokker Next Gen is contemplating the conversion of a Boeing 777 into a temporary flying testbed for multiple future technologies as part of a consortium linked to the EU’s Clean Aviation programme.
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NewsAir Baltic pilot academy to acquire electric Diamond training aircraft
Latvian carrier Air Baltic’s training arm is to acquire a number of all-electric Diamond Aircraft models, as part of a modernisation of its fleet. The company has reached a tentative agreement for three Diamond eDA40s, a derivative of the single-engined DA40. It will also take a pair of twin-engined DA42-VIs. ...
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NewsAir Baltic prepares for IPO amid reports linking Estonia and Lithuania with stakes
Latvian carrier Air Baltic is continuing to prepare for its long-discussed IPO amid fresh reports linking the Lithuanian and Estonian governments with stakes in the state-owned operator.
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NewsDelta and Air Baltic launch codeshare partnership
Delta Air Lines and Latvia’s Air Baltic have launched a codeshare partnership due to begin this month.
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NewsAir Baltic orders more A220s as it looks to take fleet to 100 by end of decade
Latvian carrier Air Baltic is extending its commitment to the Airbus A220, with an agreement which will take its fleet to 100 of the type by the end of the decade. It is taking 30 more of the aircraft through a deal which also includes 20 purchase rights. The airline ...
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NewsAir Baltic edges towards IPO with appointment of financial advisors
Latvian carrier Air Baltic has recruited financial advisors with a view to examining a potential initial public offering. The Riga-based airline has jointly appointed UK-based STJ Advisors and Baltic firm Superia to review the company and a possible offering process. Air Baltic chief Martin Gauss says a potential stock-exchange listing ...
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NewsAir Baltic swings to first-half profit despite A220 engine woes
Air Baltic overcame the impact of around 25% of its own fleet being grounded during the second quarter to report a profitable first half of 2023.
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NewsUS government approves Delta-Air Baltic codeshare deal
The US Department of Transportation (DOT) has approved a codeshare agreement between Delta Air Lines and Latvian carrier Air Baltic.