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.
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.
Yekaterinburg will be the sixth destination airBaltic serves in Russia, in addition to convenient connections between Riga and Moscow, St. Petersburg, Kaliningrad, Sochi and Kazan.
airBaltic has revealed plans to continue its expansion in the region. The Latvia-based airline will launch of four new direct destinations from Tallinn, capital of Estonia, next summer, as well as five new destinations from Vilnius in Lithuania.
airBaltic transported 528,449 passengers in June, or 24 per cent more than during the same month last year. The Latvian airline recorded a 62 per cent market share in Riga, and a 22 per cent market share in Tallinn.
From Tallinn, airBaltic offers direct flights to Amsterdam, Berlin, London, Oslo, Paris, Stockholm, Vienna, Vilnius and now also to Malaga, Brussels and Copenhagen, as well as convenient flight connections via Riga.
airBaltic has concluded a codeshare agreement with Scandinavian Airlines. The partnership will offer convenient connections between Latvia, Scandinavia and beyond.
Latvian airline airBaltic has reported a profit of €5.4 million for financial 2018, up 40 per cent on last year. The carrier reported €400 million in revenue, the first time the organisation has crossed the threshold.
The simulator will be based at the airBaltic training facilities in Riga International Airport and it is the first new full flight simulator ever purchased by a Latvian company.
The airline aims to minimise complexity and benefit from the additional efficiency of the Airbus A220-300 aircraft which will become the only jet type operated by the Latvian airline.