airBaltic secures strategic investment and strengthens Supervisory Board

Latvia’s national airline, airBaltic, has wrapped up the attraction of a strategic investor, with Lufthansa Group stepping in alongside a matching co-investment from the Latvian state. All agreements are signed and formalities complete, bringing the total fresh funding to €28 million (US$32.5 million) and cementing a closer industrial link between the two airlines. Next, the […]

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Erno Hildén will join airBaltic as new CEO from December 2025

People

The Supervisory Board of Latvian airline airBaltic has appointed Erno Hildén as its new Chief Executive Officer, effective December 1, 2025. Hildén, a Finnish national, brings more than 25 years of international experience across aviation and finance, having served in senior leadership positions at several major airlines. Most recently, he was Executive Vice President and

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airBaltic records strong passenger growth despite July dip

Other News

Latvian flag carrier airBaltic transported more than half a million passengers in July 2025, though the figure represented a slight year-on-year decline. The airline carried 539,300 passengers across all its bases, a drop of 4% compared to July 2024. Flight operations also eased slightly, with around 4,455 flights recorded – down 0.7% – while the

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airBaltic reports solid Q2 growth, confirms positive outlook for Q3

Financial

airBaltic has released preliminary results for the second quarter (Q2) of 2025, showing steady year-on-year growth across key operational areas and confirming a positive outlook for the third quarter. Passenger numbers in Q2 are expected to rise by 6% to 7.5% compared to the same period in 2024. This includes April and May figures of

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airBaltic inaugurates new cargo hub at Riga Airport

Other News

On 22 May, Latvian airline airBaltic, alongside key stakeholders, officially inaugurated the new Baltic Cargo Hub at RIX Riga Airport. The facility, covering 6,895 m², is now one of the largest air cargo handling centres in the Baltics. Strategically located adjacent to the cargo apron, the hub is equipped with advanced semi-automated material handling systems

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Lufthansa will invest €14 m in airBaltic for a minority stake

Lufthansa Group to invest €14 million in airBaltic for minority stake

Financial

The Ministry of Transport of Latvia, airBaltic and Lufthansa Group have signed an agreement for Lufthansa Group to invest €14 million (US$14.7 million) in airBaltic, securing a minority stake and a seat on the airline’s Supervisory Board. As part of the deal, Lufthansa Group will receive a convertible share representing a 10% stake in airBaltic.

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P&W will provide maintenance services for airBaltic's GTF engines

airBaltic and P&W sign long-term GTF engine maintenance agreement

Aircraft & Engines

Latvian national airline airBaltic has signed a long-term EngineWise™ comprehensive maintenance services agreement with Pratt & Whitney (P&W) for its fleet of GTF (geared turbofan) engines. The agreement operates on a power-by-the-hour model, linking airBaltic’s maintenance costs to the actual use of its engines, providing the airline with greater transparency and predictability in maintenance planning.

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airBaltic will add a second A220 FFS at the end of 2024 © airBaltic

airBaltic to enhance pilot training with second Airbus A220 FFS

Other News

Latvian national airline airBaltic is set to significantly boost its training capabilities with the addition of a second Airbus A220 full-flight simulator (FFS), scheduled for delivery in the fourth quarter of 2024. This new simulator will play a key role in supporting the airline’s expanding fleet and the continuous development of its Pilot Academy by

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airBaltic increases A220-300 fleet with order for ten additional aircraft

Aircraft & Engines

airBaltic has confirmed an incremental order for an additional ten Airbus A220-300 aircraft, marking its fourth re-order and bringing the airline’s total firm order to 90 A220 aircraft. Currently operating a robust fleet of nearly 50 A220-300s, airBaltic is both the largest A220 customer in Europe and the largest A220-300 operator globally. The Latvian flag

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airBaltic will adopt AMOS to streamline and enhance its aircraft maintenance operations © Swiss-AS

airBaltic to implement AMOS Airline/MRO edition

Information Technology

Swiss AviationSoftware (Swiss-AS) has announced the commencement of the AMOS implementation project at airBaltic. The Latvian national airline will adopt AMOS to streamline and enhance its aircraft maintenance operations. The decision to opt for AMOS followed a rigorous evaluation process. After considering various alternatives, AMOS was chosen for its robust capabilities, flexibility and alignment with

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airBaltic secures strategic investment and strengthens Supervisory Board

Erno Hildén will join airBaltic as new CEO from December 2025

airBaltic records strong passenger growth despite July dip

airBaltic reports solid Q2 growth, confirms positive outlook for Q3

airBaltic inaugurates new cargo hub at Riga Airport

Lufthansa Group to invest €14 million in airBaltic for minority stake

airBaltic and P&W sign long-term GTF engine maintenance agreement

airBaltic to enhance pilot training with second Airbus A220 FFS

airBaltic increases A220-300 fleet with order for ten additional aircraft

airBaltic to implement AMOS Airline/MRO edition

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