All Air Baltic articles
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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.
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Airline BusinessEyes 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.