Tasked with steadying the ship after his predecessor’s departure, new airBaltic interim CEO Pauls Cālītis spoke to AeroTime ...

Latvian carrier AirBaltic continues to grapple with the impact of Pratt & Whitney geared turbofan engine inspections and overhauls after it swung from an annual profit to a loss in 2024.

FRANKFURT (Reuters) - German airline Lufthansa is considering taking a stake in Latvia's state-owned carrier airBaltic ahead of its IPO, a source familiar with the matter told Reuters on Tuesday.

The CEO of Latvian airline airBaltic, Martin Gauss, confirmed following the company's announcement of flight cancellations and subsequent threats from Latvian politicians to make changes to the ...

LONDON, Dec 2 (Reuters) - AirBaltic is pushing its planned initial public offering back to the first half of 2025 or later as its advisers suggest waiting for improved market conditions in the ...

The significant loss airBaltic faced in the first half of the year was anticipated in the wake of various decisions to address its cash flow needs. While the second half of the year is expected to be ...

AirBaltic Corp AS is doubling down on its all-Airbus SE A220 fleet, with the Latvian carrier placing its fourth follow-on order for the model to help accelerate growth in its home market. The ...

Lufthansa Group has agreed to invest €14 million in AirBaltic for a convertible share representing a 10 percent stake in the Latvia-based carrier, the companies announced Wednesday. Lufthansa also ...