Seasonal swings in travel demand are forcing airlines, airports and tourism authorities to work more closely to grow traffic outside peak summer periods.
“Strong and growing demand” for small narrowbody jets (SNJs) was behind Azorra’s purchase of fellow lessor DAE’s portfolio of Airbus A220s, according to a senior Azorra executive.
Latvia’s government may potentially loan national carrier airBaltic up to $35 million as it tries to interest neighboring states in taking a stake in the airline.
AirBaltic is exploring new funding sources as IPO delays persist, but maintaining flexibility and expanding its ACMI operations with key clients like Lufthansa.
Gulf Air has appointed former airBaltic CEO Martin Gauss as its new CEO effective Nov. 4, marking a significant leadership shift for Bahrain’s national carrier.
AirBaltic's supervisory board has appointed Erno Hildén, formerly CFO of SAS, as its new CEO; Pauls Cālītis will continue to serve as interim CEO until Dec. 1.
AirBaltic narrowed its net loss and posted record revenues for the first half of the year, with forward bookings for the third quarter above 2024 levels.
Germany’s competition authority the Bundeskartellamt has cleared plans by Lufthansa Group to acquire a minority stake in Latvia-based airline airBaltic.