All Air Baltic articles
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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.
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NewsletterEyes on winter outlook with airlines set for record-breaking Q2 earnings
The airline earnings season got under way today as Delta Air Lines announced its financials for the three months to the end of June.
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NewsAir Baltic flags highest-ever first-half revenue
Air Baltic saw its highest-ever first-half revenue this year, according to guidance released on 13 July.
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NewsAir Baltic to open winter base in Gran Canaria
Air Baltic will open a seasonal base at Las Palmas in Gran Canaria for the upcoming winter season, as it looks to expand its footprint beyond its traditional bases.
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NewsAir Baltic cuts first-quarter loss as it looks towards IPO
Air Baltic improved its revenue performance and significantly cut its net loss in the first quarter of 2023, as the business saw positive outcomes from its mixture of own-brand flying and deals to operate capacity for other carriers.
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NewsAir Baltic optimistic after strong first-quarter revenue performance
Latvian carrier Air Baltic is optimistic over its prospects for the year after generating revenues of €104 million ($114 million) for the first quarter. The airline is aiming to reach €700 million for the full year and transport 4.4 million passengers. For the first quarter it carried 770,000 and load ...
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NewsA220 engine ‘in maintenance for 386 days’ but Air Baltic chief foresees improvement
Air Baltic has seen maintenance of the Pratt & Whitney PW1500G geared turbofans (GTFs) that power its Airbus A220-300 fleet take months longer than expected as supply-chain and labour challenges weigh on the MRO sector, but the airline expects the situation to improve.
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NewsAir Baltic chief reiterates interest in stretched A220 as options decision looms
Air Baltic would still consider taking a stretched version of the Airbus A220 – widely dubbed the A220-500 – should the variant become available in the right timeframe for its outstanding order options.
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NewsChatGPT already offering ‘immediate-term business benefits’ for airlines
The leaders of Air Baltic and Finnair have joined other industry chief executives in talking up ChatGPT’s potential to positively impact their businesses across a range of functions.
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NewsEngine MRO delays prompt Air Baltic to wet-lease four more aircraft
Air Baltic will take an additional four aircraft on short-term wet-lease to offset engine maintenance delays relating to its fleet of Airbus A220-300 jets.
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NewsAir Baltic revisits ‘Latvia’ colour scheme for latest A220
Air Baltic has taken its fleet of Airbus A220-300s to 40 aircraft, receiving the latest twinjet in a colour scheme reflecting the Latvian national flag. The airline unveiled the livery on the aircraft (YL-ABN) during a ceremony at Montreal Mirabel. It will join another A220 (YL-CSL) which already carries a ...
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NewsAir Baltic A220 inspected after landing incident in snowy Riga
Latvian carrier Air Baltic is inspecting one of its Airbus A220-300s after a landing incident at Riga during poor weather. The incident involved the airline’s BT694 service from Paris Charles de Gaulle, which touched down on runway 18 at 23:17 on 8 March. According to Air Baltic the aircraft’s nose-wheel ...
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NewsAir Baltic leasing A320s to protect schedule from supply-chain snags
Latvia’s Air Baltic is to underpin capacity for the summer by wet-leasing four Airbus A320s, aimed at protecting the airline’s flights from possible supply-chain problems. The twinjets, which will be supplied by charter carrier Avion Express, will be configured with an all-economy layout comprising 180 seats. Air Baltic operates a ...
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NewsAir Baltic returns to full-year operating profit
Latvian carrier Air Baltic has returned to full-year operating profit, with a surplus of €32 million ($34 million), although its net result remained negative with a loss of €54 million. Air Baltic generated revenues of just over €500 million – a level similar to that achieved in the pre-crisis 2019 ...
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NewsletterAircraft maintenance delays threaten to become 2023 theme
Kenya Airways this week became the latest airline to bemoan the impact of MRO delays on its ability to operate a full schedule – a global trend that could weigh on airline capacity in 2023.