All Air Baltic articles – Page 3
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News
Air Baltic lauds A220 performance with eight more on the way in 2022
Air Baltic is expecting to end 2022 with 40 A220-300s in its fleet as it emerges from the Covid-19 crisis firmly committed to life as a single-type operator.
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News
Air Baltic braces for financial hit as Latvia locks down again
Air Baltic is expecting to take a financial hit from the Latvian government’s decision to impose a fresh month-long Covid-19 lockdown in the country, despite travel restrictions being unaffected by the move.
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Air Baltic encouraged by summer upturn and reduced first-half loss
Air Baltic has turned in a first-half net loss of €61.5 million ($72.3 million) but is encouraged by the upturn in bookings over the summer season. The airline’s revenues were down by 40% – to €50 million – against the interim last year, as the six-month passenger figure sank. But ...
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News
Canadian investigators take over probe into Air Baltic A220 engine incident
Canadian investigators are to probe an engine-control incident involving an Air Baltic Airbus A220-300 during which both powerplants shut down after the aircraft touched down in Copenhagen. Danish authorities have delegated the investigation into the 11 July incident to the Transportation Safety Board of Canada. The board says the twinjet ...
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News
Late-booking passengers mean network planning grief for airlines
Executives at three European carriers say travel rule confusion and hesitant travellers make it impossible to prepare for winter season
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News
Air 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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Air 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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Air 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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News
Redesign 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 Air Baltic, ...
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Air 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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Airline Business
How 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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News
Final 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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Manchester 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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Air 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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News
Air 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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News
Air 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 outstanding ...
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News
Disinfection 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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News
Air 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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News
Air 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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Airline Business
How 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.