airBaltic (Latvia) has been forced to cancel 4,670 flights scheduled across all its bases for the summer 2025 season. The cancellations come as a direct result of Pratt & Whitney (US) informing the carrier that several of its A220-300 aircraftwill remain grounded well into 2025 due to ongoing engine shortages.
Brussels Airlines (Belgium) has unveiled its preparations for the summer season 2025, which include the addition of four Airbus A220s on wet lease from airBaltic (Latvia). These aircraft will support the airline’s strategy to enhance its network and provide increased capacity to meet seasonal demand.
airBaltic has announced a delay in its initial public offering (IPO) plans, now aiming for the first half of 2025 at the earliest. According to CEO Martin Gauss, the airline requires favorable market conditions to proceed with the listing successfully.
airBaltic, the Latvian national airline, has reported a net profit of $42.7 million for the third quarter of 2024, an impressive result supported by an 8% increase in revenue to $250 million. This growth in revenue highlights the airline’s successful strategies in optimizing operational efficiency and expanding its network within Europe. With strong results in Q3, airBaltic now anticipates full-year…
airBaltic, Latvia’s national carrier, reported an impressive 11% year-on-year increase in passenger numbers for October 2024, totaling 470,800 passengers. This growth aligns with the airline’s ongoing efforts to expand its network and increase flight frequency on popular routes. Additionally, airBaltic’s load factor (LF) saw a notable improvement, rising 5.7 percentage points to reach 84.1%. This higher load factor reflects increased demand and efficient capacity management,…
airBaltic, Latvia’s national airline, has expanded its fleet with the delivery of its 49th Airbus A220-300. The aircraft, identified by serial number 55308, is the third A220-300 to be added to airBaltic’s fleet in 2024, reflecting the airline’s commitment to fleet modernization and regional expansion. The A220-300, known for its efficiency and passenger comfort, has…
