airBaltic President & CEO releases statement.
Today the shareholders of Latvian national airline AirBaltic agreed in their meeting to finalise technical details until October 4 for the injection of EUR 153 million in new capital financed by its two main shareholders, the Latvian government and Baltic Aviation Systems (BAS).
Latvian national airline airBaltic is today filing for legal protection to continue operations in its network of airports served in Europe, Middle East, and Russia/CIS.
Latvian national airline airBaltic carried 365,839 passengers in June 2011 (from Riga, Vilnius and Tallinn), representing 7% increase comparing with the same month in 2010, when airBaltic transported 340,586 passengers. In June this year, the number of passengers at the base of airBaltic in Riga has increased by 13% compared to the same period last year.
Latvian national airline airBaltic is the world’s first hybrid carrier to introduce progressive pricing structure for Business class by lowering fares for passengers who book their flights early. This makes travel with a Business class ticket more affordable for passengers who value extra comfort and service.
On Monday, Latvian national airline airBaltic will start the first of this summer’s new routes from Riga to Gdansk, Poland.
On June 4, the Latvian national airline airBaltic will start operating flights on Riga- Bari route, linking this Southern Italian city via North Hub Riga with airports in the Baltics, Northern Europe, Russia and CIS.