airBaltic | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights
airBaltic is a leading airline based in the Baltics, primarily operating from its main hub in Riga and additional bases in Tallinn,...
airBaltic is a leading airline based in the Baltics, primarily operating from its main hub in Riga and additional bases in Tallinn, Vilnius, Tampere, and Gran Canaria. Founded in 1995, the airline offers over 130 routes worldwide, focusing on Europe, the Middle East, North Africa, and the Caucasus region. Known for its punctuality and modern fleet of Airbus A220-300 aircraft, airBaltic has received multiple awards for its service quality and innovative practices. The airline is also recognized for its commitment to diversity and inclusion within its workforce.
Website
Headquarters
Tehnikas iela 3, Marupes district,, LV-1053, LV
Size
1001-5000 employees
Industry
Airlines and Aviation
Specialities
Aviation and Scheduled and charter flights
ποΈ airBaltic Product and Pricing News β
π airBaltic CEO, Management and Leadership Team β
βοΈ airBaltic Alternatives and Competitors β
πΌ airBaltic Hiring and Layoffs β
π€ airBaltic Developer, Integration and Automation News β
π airBaltic Financials, Fundraising and Valuation News β
ποΈ airBaltic Product and Pricing News
- airBaltic is no longer allowed to use the slogan 'Think green, fly green!' in Germany after a successful lawsuit by the Federal Consumer Center.
- From June 2025, airBaltic will replace Wizz Air's Riga to Kutaisi route by offering flights to Tbilisi instead.
- airBaltic, in collaboration with BitPay, accepts Bitcoin, Bitcoin Cash, Ether, and Dogecoin for bookings and has launched an NFT collection called Planies that offers loyalty benefits.
- airBaltic unveiled a new special livery named 'Baltic heritage' with registration YL-ABX in Barcelona.
- airBaltic, led by CEO Martin Gauss, successfully launched its first aircraft equipped with Starlink internet, offering passengers seamless, high-speed connectivity without logins or extra costs.
- airBaltic has completed the construction of the Baltic Cargo Hub, the largest air cargo facility in the Baltics, and plans to start full-scale operations soon.
- airBaltic announced an upcoming change to the flight experience.
- The Latvian State Police have launched a criminal investigation into potential crimes involving airBaltic following numerous online publications and social media posts about the airline and its management.
π airBaltic CEO, Management and Leadership Team
-
CEO/Chairman of the Board
[email protected] -
CFO[email protected]
βοΈ airBaltic Alternatives and Competitors
- Flybondi |
- Air Astana |
- Condor |
- Air Europa |
- Ryanair |
- Wizz Air |
- Finnair |
- EasyJet |
- Norwegian |
- SmartWings |
- Etihad Airways |
- Volotea |
- Rossiya Airlines |
- Royal Flight
πΌ airBaltic Hiring and Layoffs
- airBaltic has dismissed CEO Martin Gauss without compensation as of April 23, 2025.
- airBaltic's Supervisory Board has launched an international search for a new CEO to lead the company through its next growth phase and potential public listing.
- Andrejs Martinovs, the new chairman of the airBaltic board, has begun evaluating company expenses and board work.
- The government recently appointed new representatives to airBaltic's Board of Shareholders, which pleasantly surprised businessman Evgeny Gomberg.
- airBaltic welcomed 15 new students to its Pilot Academy, joining 163 active students and 131 graduates already flying for the airline.
- airBaltic is currently seeking a TR/NTR Captain on A220-300 in Latvia.
π€ airBaltic Developer, Integration and Automation News
- Discover the World announced a new partnership to represent airBaltic in the UK and Ireland, expanding airBaltic's reach with direct flights from London and Dublin.
- airBaltic is partnering with European Hit Radio and SuperHits for an Instagram contest offering a trip to Justin Timberlake's concert in Tallinn on June 9.
- During the summer 2025 season, airBaltic will operate the daily Munich route for Lufthansa using an A220-300 aircraft.
- By mid-May, students will develop digital solutions for airBaltic to improve crew scheduling using machine learning.
- airBaltic has added Revolut bank transfer as a new online payment option.
- Litcargus and airBaltic have initiated a partnership involving mutual visits to exchange ground service expertise.
π airBaltic Financials, Fundraising and Valuation News
- airBaltic scheduled an investors' call on 12 March 2025 to discuss the 2024 financial results.
- airBaltic's IPO marks a significant advancement for Latvia's aviation sector, with Lufthansa's involvement seen as a strategic asset for growth, according to Kaspars BriΕ‘kens.
- The Baltic Cargo Center, a subsidiary of airBaltic, reported a 10% revenue increase in 2024, handling over 10,000 tons of cargo and mail, and achieving a net profit nearly three times higher than the previous year.
- On February 17, airBaltic reduced its share capital by β¬571.293 million to cover past losses and simplify its share structure ahead of an IPO.
- In January 2025, airBaltic served 327,500 passengers, marking a 14% increase from the same period in 2024, as stated by CEO Martin Gauss.
- Latvian Minister of Transport Atis Ε vinka discussed airBaltic's upcoming IPO and regional involvement with Estonian Minister of Infrastructure Kuldar Leis on April 25.
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