All Air Baltic articles – Page 3
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NewsAir Baltic’s operating loss balloons to €202 million amid crisis
Air Baltic posted a €202 million ($242 million) operating loss in 2020 amid the pandemic, swinging from a €27 million EBIT profit in the previous year.
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NewsAir Baltic’s all-A220 fleet to help it ‘fly out’ of crisis: chief
Air Baltic chief executive Martin Gauss has reaffirmed the carrier’s commitment to an IPO, and expressed confidence that its strategy to become an all-Airbus A220 operator makes it “well-positioned” to emerge from the Covid-19 crisis.
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NewsAir Baltic to resume non-EU flights
Latvian carrier Air Baltic is to begin restoring flights outside of the European Union, initially resuming services to the Ukraine capital Kiev.
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NewsRedesign to cure acoustic engine phenomenon linked to A220 failures
Pratt Whitney is aiming to introduce redesigned bleed-valve ducts for Airbus A220 engines by the fourth quarter of this year, to eliminate a resonance phenomenon linked to a series of powerplant failures. Four instances of PW1500G low-pressure compressor stage-one rotor separation, affecting A220-300s operated by Swiss and ...
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NewsAir Baltic certificated for MRO training
Latvian carrier Air Baltic has been approved as maintenance training organisation to qualify aircraft technicians for its own operation and external customers.
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In depthHow many jobs have Europe’s airlines cut in 2020?
Tens of thousands of jobs have been lost in Europe’s airline sector since the crisis began, as carriers seek to reduce cash burn and ‘right-size’ for the eventual recovery in demand.
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NewsFinal 737 departs Air Baltic fleet
Latvian carrier Air Baltic has withdrawn the last Boeing 737 from its fleet, delivering the aircraft to maintenance and asset-management firm Magnetic MRO.
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NewsManchester among five new Air Baltic routes next summer
Latvian carrier Air Baltic will launch five new routes from its Riga base in the summer season, beginning 28 March.
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NewsAir Baltic to operate 40 winter routes
Latvian carrier Air Baltic plans to maintain “essential connectivity” through the winter months, linking its Riga hub with 40 destinations.
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NewsAir Baltic half-year net loss grows sevenfold amid crisis
Latvian carrier Air Baltic generated a €185 million ($215 milion) net loss during the first six months 2020, representing a nearly sevenfold increase from a €26.6 million loss in the same period last year.
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NewsAir Baltic pushes back A220 delivery schedule
Latvian carrier Air Baltic is rescheduling the delivery of its remaining Airbus A220-300 fleet, aiming to complete their introduction by early 2024. The airline, which has taken 22 of its 50 ordered A220s, says it has reached an agreement with the airframer to rejig the delivery schedule for the ...
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NewsDisinfection adds 50% to Air Baltic A220 turnaround time
The disinfection of aircraft has added at least 20 minutes to turnaround times, according to Air Baltic chief executive Martin Gauss.
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NewsAir Baltic chief ‘optimistic’ but says slow pace is critical
Air Baltic and the wider airline industry will successfully navigate the coronavirus crisis as long as a cautious approach is taken to reinstating services, according to the carrier’s chief executive Martin Gauss.
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NewsAir Baltic expects growth ‘leading to IPO’ as bailout is approved
Shareholders in Air Baltic have approved a €250 million ($285 million) investment by the Latvian government to ensure the carrier’s survival amid the coronavirus crisis.
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InterviewHow Air Baltic is plotting a way through – and out of – the virus crisis
There are many data points that starkly demonstrate the airline industry’s massive challenges during the coronavirus crisis, but Air Baltic is still able to offer a particularly striking one: its forward bookings in early April were down 98% year on year.
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In depthAir Baltic service-resumption planning excludes Dash 8s and 737s
Latvian carrier Air Baltic will be an all-Airbus A220 operator when it resumes operations, having made the decision to remove its De Havilland Canada Dash 8s and Boeing 737s from service early as a result of the coronavirus crisis.
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NewsAir Baltic to suspend flights until 14 April as Latvia tightens restrictions
Air Baltic is to temporarily suspend flights from 17 March until 14 April following the Latvian government’s decision to suspend international air traffic as part of measures to counter the coronavirus crisis.
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NewsAir Baltic to cut staff as coronavirus ends positive run
Latvia’s Air Baltic is to cut its workforce by up to 250 personnel in a measure to stave off the impact of the coronavirus outbreak. Air Baltic, which employs around 1,600 staff, says it will “temporarily” reduce the workforce – mainly by cutting crew. It ...
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InterviewHow Martin Gauss carved a European niche for Air Baltic
Walk into Air Baltic’s boardroom at its Riga International airport headquarters, and your eyes are immediately drawn to a table featuring dozens of tiny Airbus A220-300 models adorned with the carrier’s distinctive green livery.
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News
Air Baltic completes first in-house A220 C-check
Latvian carrier Air Baltic has completed its first scheduled C-check on an Airbus A220, after deviating from a previous policy of outsourcing maintenance by opting to conduct the work in-house.