All Air Baltic articles
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NewsAir Baltic remains positive after turning around nine-month loss
Latvia’s Air Baltic remained profitable over the first nine months of the year, although it recorded a substantial fall in net profit for the third quarter. The airline’s interim chief, Pauls Calitis, says the carrier is continuing to experience a “complex environment” which is “shaped by engine supply constraints and ...
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NewsAir Serbia to wet-lease Air Baltic A220s as it considers future fleet options
Air Serbia has signed a two-year agreement for Air Baltic to operate Airbus A220-300s on its behalf in an expansion of an existing relationship between the carriers.
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NewsGulf Air names former Air Baltic head Gauss as new chief executive
Former Air Baltic chief executive Martin Gauss has resurfaced as the newly-appointed head of Gulf Air. He will take over as the Bahrain-based airline’s leader on 4 November, following the departure of current chief Jeffrey Goh. Goh was appointed to lead the Gulf Air holding group at the end of ...
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NewsLufthansa completes Air Baltic investment as Latvian carrier awaits IPO
Lufthansa Group has completed its investment in Air Baltic, which receives a total of €28 million ($32.8 million) because the Latvian government is co-investing on the same terms. Air Baltic says all the transaction documents have been signed and formalities finalised. Lufthansa Group senior vice-president for fleet management Alexander Feuersanger ...
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NewsAir Baltic recruits former SAS and Finnair finance head as next chief executive
Air Baltic has named former SAS and Finnair finance head Erno Hilden as its new chief executive, succeeding Martin Gauss.
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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.