 airBaltic – Regional Airline
Latvian airline A/S "Air Baltic Corporation" (airBaltic) was founded in 1995. The company's major shareholders are the Latvian State with 52.6% and Baltijas aviācijas sistēmas SIA - 47.2%. Today airBaltic represents a blend of best practices taken from traditional airlines and low cost carriers.
airBaltic has also established close co-operation with airlines that enhance airBaltic’s well-balanced network of West-bound and East-bound destinations. The flights are operated in code share with the following partners: SAS, Spanair, Austrian Airlines, Aeroflot, Rossiya, AeroSvit Airlines, Azerbaijan airlines AZAL, Belavia, Uzbekistan Airways, Georgian airways, AirOne, Air Astana, Malev, Armavia, Aeroflot Don, Donbassaero, Brussels Airlines, Moldavian Airlines. airBaltic’s business model is based on both point-to-point service and transfer traffic. airBaltic also provides air cargo transportation services and is the official representative of Singapore Airlines in Latvia. airBaltic is the first airline in the Baltic states to take advantage of "Open Sky" following EU – accession and start operation from another country. airBaltic operates direct flights from two of the capital cities in the Baltic States – Riga, Latvia and Vilnius, Lithuania. Thus airline offers the widest choice of connections and highest frequencies for the lowest prices in the market. airBaltic's aim is to continue its expansion strategy. airBaltic's top priorities are – safety, punctuality and service. Simple and Accessible
The airline offers low-fare tickets to and from the Baltic countries, and beyond within the East-bound and West-bound network. The prices are competitive not only with other airlines, but also with the prices of bus, car, train or ferry. One way tickets are available not only for direct but also for transfer flights. One-way ticket structure allows combining air travel with other means of transportation and gives customers wider options for travel schedule. Ticket pricing is demand driven. Ticket sales are made through airline's internet page as well as travel agencies.  | | Professional Personnel
The company employs over 1200 people, the majority of whom are directly involved in flight operations. Since March 1, 2002, Mr. Bertolt Flick is the company's President and CEO. Prior to this Mr. Flick has been a member of A/S Air Baltic Corporation Supervisory Board (1996 – 1999), but from 1999 till 2002 he was nominated Chairman of the Supervisory Board. Destinations
airBaltic operates direct flights from Riga, Latvia, (more than 50 routes) and Vilnius, Lithuania, (12 routes). From Riga airBaltic offers direct flights to Aalesund, Almaty, Amman, Athens, Amsterdam, Baku, Barcelona, Beirut, Belgrade, Bergen, Berlin, Billund, Brussels, Copenhagen, Chisinau, Dubai, Dublin, Dushanbe, Dusseldorf, Frankfurt, Geneva, Gothenburg, Hamburg, Hannover, Helsinki, Istanbul, Kaliningrad, Kaunas, Kiev, Kuopio, Kuusamo, Lappeenranta, London, Madrid, Manchester, Milan, Minsk, Moscow, Munich, Nice, Odessa, Oslo, Oulu, Palanga, Paris, Pskov, Rome, Rovaniemi, Simferopol, Stavanger, St. Petersburg, Stockholm, Tallinn, Tampere, Tartu, Tashkent, Tbilisi, Tel Aviv, Tromso, Turku, Umea, Vaasa, Venice, Vienna, Vilnius, Warsaw, Zurich and Yerevan. |
From Vilnius airBaltic offers direct flights to Amsterdam, Berlin, Copenhagen, Dublin, Hamburg, London, Munich, Oslo, Paris, Riga, Rome and Tallinn. airBaltic also operates direct flights between Tallinn and Turku, Tallinn and Lappeenranta, Tallinn and Oulu, Tallinn and Tampere, Tampere and Kuopio, Tampere and Rovaniemi, Lappeenranta and Kuusamo, Lappeenranta and Kuopio, Turku and Oulu, Bergen and Stavanger, Umea and Vaasa. Fleet
airBaltic fleet consists of 4 types of aircraft – two Boeing 757-200, ten 120-seater Boeing 737-500, eight 149-seater Boeing 737-300 and eleven 50-seater Fokker 50, in total - 31 aircraft. Key Figures | | 2006 | 2007 | Change | | Passengers | 1.42 million | 2.0 million | + 41% | | | | | Cabin factor (occupied
seats to total seats) |
60.4% |
63% | | | | | | | Turnover | LVL 115.9 million | LVL 159.43 million | + 38% | | | | | | Operational result (EBITDAR) | LVL 16.09 million | LVL 21.10 million | + 31% | | | | | | Pre-tax profit (EBT) | LVL 3.72 million | LVL 1.52 million | - 59% | | | | | | Net profit | LVL 4.06 million | LVL 1.24 million | - 69% | | | | | | Routes | 53 (39 from Riga,
14 from Vilnius) | 65 (43 from Riga, 19 from
Vilnius, 3 from Liepaja) | + 12 | | | | | | Employees | 790 | 919 | + 16% |
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