Latvia’s national airline airBaltic said this Monday it and certain subsidiaries had voluntarily filed for Chapter 11 bankruptcy protection in the United States, seeking to restructure its finances while continuing to operate flights as normal. The carrier, which describes itself as the leading airline in the Baltic states, said the proceedings were initiated in the […]
airBaltic files for Chapter 11 Read More »
airBaltic has outlined the key elements of a revised business plan aimed at strengthening its long-term competitiveness, improving financial sustainability and maintaining connectivity for Latvia and the wider Baltic region. Approved by the airline’s Supervisory Board, the plan combines a more focused network centred on Riga, a smaller all-Airbus A220-300 fleet, stronger year-round ACMI partnerships
airBaltic shifts focus to financial stability Read More »
Yonder has established a new partnership with airBaltic on its management platform, further strengthening the airline’s commitment to safe, efficient and digitally enabled operations. The partnership will support airBaltic in streamlining the management of operations manuals, company documents and OEM revisions, while giving flight and ground crews faster, role-based access to the information they need.
airBaltic opts for Yonder to modernise airline documentation Read More »
The Latvian airline airBaltic announces that, as of December 1, 2025, Erno Hildén has officially assumed his role as Chief Executive Officer (CEO). A Finnish national, Hildén brings more than 25 years of international experience across aviation and finance. Until June 2025, he served as Executive Vice President and Group Chief Financial Officer of SAS
Erno Hildén assumes role as new CEO of airBaltic Read More »
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
airBaltic secures strategic investment and strengthens Supervisory Board Read More »
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
Erno Hildén will join airBaltic as new CEO from December 2025 Read More »
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
airBaltic records strong passenger growth despite July dip Read More »
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
airBaltic reports solid Q2 growth, confirms positive outlook for Q3 Read More »
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
airBaltic inaugurates new cargo hub at Riga Airport Read More »
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.
Lufthansa Group to invest €14 million in airBaltic for minority stake Read More »
