airBaltic News | Sep 16, 2024

airBaltic and Lufthansa Group extend their wet lease partnership for three more years starting summer 2025...


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airBaltic

🌎 company.airbaltic.com

airBaltic is the leading airline in the Baltics, founded in 1995, with its main hub in Riga and additional bases in Tallinn, Vilnius, Tampere, and Gran Canaria. The airline operates over 130 routes worldwide, focusing on punctuality and sustainability with one of the youngest fleets in Europe, primarily consisting of Airbus A220-300 aircraft. airBaltic has received multiple awards for its service excellence and is recognized for its commitment to diversity and inclusion within its workforce.


Updates as of Sep 16, 2024

  • airBaltic and Lufthansa Group extend their wet lease partnership for three more years starting summer 2025.
  • Dainis Berzins has joined airBaltic as Chief Information Officer in Latvia, previously serving as IT Director at Rimi Baltic Group.
  • Lufthansa will acquire 50% of airBaltic's aircraft by investing 10%.
  • Carpatair will expand its partnership with airBaltic for the next three years by leasing its aircraft to the company.
  • airBaltic is working with SpaceX to get STC approval and plans to install the product on its Airbus A220-300 fleet by the end of this year.
  • Starting next year, airBaltic will not have any direct flights from Riga.
  • airBaltic reported August 2024 passenger numbers up 13% to more than 500,000, with a load factor up 6.6 points to 89.8%.
  • airBaltic received the AI Innovator Award 2024 from PROS for their AI-powered Dynamic Ancillary Pricing solution.
  • airBaltic is introducing AI into various parts of its operations, with Project Manager Iuliia Granja Velasco highlighting its transformative role in e-commerce.
  • Skopje International Airport announced cheap airBaltic tickets to all destinations until September 22 for travel until late August 2025.
  • airBaltic offers flights to all destinations with prices starting from €17 until autumn 2025.
  • The Latvian government secretly reduced airBaltic's share capital by €571 million.
  • airBaltic announced a new route between Vilnius and Tel Aviv starting March 31, 2025, with flights on Mondays, Thursdays, Sundays, and Wednesdays.

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