Airbaltic News
airBaltic to add Munich to growing schedule
airBaltic has announced plans to launch new direct flights from Tallinn to Munich, Germany. The carrier will offer three weekly flights, with the first one scheduled to take place on May 1st.
airBaltic to accept range of new cryptocurrencies
airBaltic has begun to accept cryptocurrencies – including Bitcoin Cash, Ether and Dogecoin, among others - for bookings made on its website.
airBaltic to launch Dubai connections ahead of Expo 2020
airBaltic will be launching new scheduled flights between Riga and Dubai on September 1st. The Latvian airline has scheduled to connect both cities with four weekly flights.
airBaltic to expand Ukraine International Airlines partnership
airBaltic has extended its codeshare agreement with Ukraine International Airlines. As of March 28th, passengers will have more options while travelling from Vilnius to Kyiv and beyond.
airBaltic begins to rebuild schedule
airBaltic plans to resume flights to Kyiv on Wednesday, with trips to Tbilisi, Tel Aviv, Moscow, St. Petersburg and Minsk all set to relaunch on March 28th.
airBaltic to relaunch London services this week
airBaltic plans to resume direct flights from Riga to London tomorrow and from Tallinn to London on July 4th. In addition, the airline will launch new direct flights from Vilnius to London on Wednesday.
airBaltic wins government support, plans to slow growth until 2023
airBaltic has secured up to €250 million in funding from the Latvian government as it seeks to overcome the coronavirus pandemic. Following such an investment, the Latvian state’s shareholding in the carrier will increase from 80.05 to 91 per cent.
airBaltic cuts capacity by half over summer
As the coronavirus crisis continues, significantly affecting demand for air travel, airBaltic has further decrease its overall capacity between until the end of October. The Latvia-based airline will cancel approximately 50 per cent of its flights over the summer.
Korean Air leadership takes pay cuts, looks for further asset sales
All Korean Air executives will forgo part of their salaries in response to the worsening business environment due to the Covid-19 virus outbreak. The carrier has also outlined other self-rescue measures designed to improve its financial structure.
airBaltic to ground all flights until mid-April
The government of Latvia will tighten security measures and suspend international air traffic from March 17th. The move comes as the country seeks to limit the spread of coronavirus.
airBaltic to cut 250 jobs as aviation crisis deepens
airBaltic has announced new cuts to capacity over the next three months in the face of the coronavirus crisis. In line with the cuts, the number of employees, mainly crew, will be temporarily reduced by up to 250 people.
Record passenger numbers at airBaltic
airBaltic carried 5,049,317 passengers in 2019, or 22 per cent more than the year before, on its network. The figure is the highest number in the history of the Latvian airline.