AirBaltic

History

Early history

Baltic International Airlines (BIA) was a Latvian and US joint venture company owned by SIA Baltic International Airlines whose main airport was Riga International Airport. It was founded in June 1992, after the US-based private company Baltic International USA (BIUSA) failed to buy a part of the state-owned Latvian national airline Latavio. In the joint venture, the Latvian government owned 60%, while BIUSA owned 40%. After unsuccessful privatisation attempts, Latavio was declared insolvent in October 1995. It was liquidated and the Government of Latvia together with Baltic International Airlines created airBaltic.

The airline was established as Air Baltic on 28 August 1995 with the signing of a joint venture between Scandinavian Airlines (SAS) and the Government of Latvia. Operations started on 1 October 1995 with the first Air Baltic aircraft, a Saab 340, in Riga, and that afternoon, the plane made the first passenger flight for Air Baltic.

In 1996, the airline's first Avro RJ70 was delivered; and Air Baltic joined the SAS frequent flyer club as a partner. In 1997, a cargo department was established and, in 1998, the airline's first Fokker 50 plane was delivered. The adopted livery was mainly white, with the name of the airline written in blue on the forward fuselage, the 'B' logo being heavily stylised in blue checks. The checker blue pattern was repeated on the aircraft tailfin.

In 1999, Air Baltic became a joint stock company; it was previously a limited liability company. All of the Saab 340s were replaced by Fokker 50s. In September, the airline began operating under the European Aviation Operating Standards, or JAR ops. Air Baltic welcomed the new millennium by introducing new uniforms and opening a cargo centre at Riga's airport.

The first Boeing 737-500 joined the fleet in 2003, and on 1 June 2004, Air Baltic launched services from the Lithuanian capital, Vilnius, initially to five destinations. In October 2004, Air Baltic was rebranded as airBaltic. Its present livery consists of an all-white fuselage and lime tailfin. airBaltic.com is displayed on the forward upper fuselage, and the word "Baltic" is repeated in blue on the lower part of the tailfin. In December 2006, the first Boeing 737-300 joined the fleet and was configured with winglets. In July 2007, airBaltic introduced an online check-in system, the first online check-in system in the Baltic states. In the spring of 2008, two long-haul Boeing 757s were added to the fleet. In 2010, the airline began leasing De Havilland Canada Dash 8-400 aircraft, it retired these aircraft in 2023.

Development since 2010

In August 2011, airBaltic requested more than 60 million lats in capital as its losses continued to mount, and suffered speculation about its financial position and political scandals throughout 2011. In mid September 2011, the company announced plans to lay off around half its employees and cancel around 700 flights a month to avoid possible grounding. The company also announced that a mystery investor was willing to pay 9.6 million euros for an additional 59,110 shares. On 4 October 2011, the plans were annulled in order to make the necessary investments in the airline's capital. The government of Latvia and BAS agreed to invest around 100 million lats in the airline's share capital in proportion to their stakes in airBaltic. As part of the agreement its longtime president and CEO stepped down and Martin Gauss, former CEO of Hungarian airline Malév Hungarian Airlines, became the new CEO.

airBaltic had made an announcement on 23 September 2010 that it would establish a new secondary hub at Oulu Airport.

In early 2012, it was confirmed that Oulu hub plans were cancelled due to financial issues. The cost-cutting programme, initiated by airBaltic which aimed to return to profitability in 2014, scored better than planned results in 2012, by narrowing its losses to €27.2 million, from €121.5 in 2011.

The state's shareholding had been 99.8% since 30 November 2011, following the collapse of a bank linked with a finance package negotiated for the airline, but on 6 November 2015, it was reported that the Latvian Cabinet of Ministers had approved plans to sell 20% of airBaltic to German investor Ralf Dieter Montag-Girmes for €52 million and agreed to invest a further €80 million in the airline. The total of €132 million of fresh capital for the carrier is intended to spur its Horizon 2021 business plan and fleet modernisation. Following the closure of Air Lituanica and Estonian Air respectively in June and November 2015, and Nordica in November 2024, it is the only flag carrier in the Baltic countries.

The Bombardier CS300 delivery was much anticipated by airBaltic since this new aircraft type was originally planned to replace most of the airline's Boeing 737-300s and Boeing 737-500s and would replace all by 2020. The delivery of the CS300 happened on 29 November 2016, at 2 am ET. On 28 November, Bombardier and airBaltic held a ceremony in Mirabel, Quebec, Canada for the first delivery of the CS300. At 1:30 am, shortly before the scheduled departure, an oil leak from an engine was spotted. It delayed the departure, but at 2:23 am ET, the aircraft was now airBaltic's property. On board the inaugural flight, there were 18 people, including 6 pilots: 3 from Bombardier, and 3 from airBaltic. At 4:13 am ET, after a delay of over 2 hours, flight BT9801 took off en route to Stockholm. The airline received two CS300 in 2016 and expects to receive six in 2017, eight in 2018 and four more in 2020.

Corporate affairs

The current head office at Riga Airport opened in 2016.

Ownership

airBaltic is a joint-stock company, with current shareholders (as of March 2026):

Financials

The airline's full accounts have not always been published regularly; figures disclosed by airBaltic via various publications are shown below (for years ending 31 December):

Destinations

airBaltic operates direct year-round and seasonal short-haul flights from Riga, Tallinn and Vilnius, mostly to metropolitan and leisure destinations within Europe and Middle East. airBaltic does not operate long-haul flights, but has code shares with partners with multiple airlines, to allow through-ticketed long-haul flights.

Here is the full list of destinations to which airBaltic flies:

Codeshare agreements

airBaltic maintains codeshare agreements with the following airlines:

Fleet

Current fleet

As of April 2026, airBaltic operates an all-Airbus A220 fleet composed of the following aircraft:

Fleet development

The airline is currently the largest A220-300 operator in the world. airBaltic had previously announced plans to increase their fleet to 99 by 2032.

However, in August 2026 the airline announced plans to reduce fleet size to about 36 aircraft by the end of 2026, which will gradually increase to 40 by 2031, making a significant turn compared to previous plans to operate about 100 aircraft.

Former fleet

In the past, airBaltic has previously operated the following aircraft types:

Livery

The original livery was painted on Avro RJ70s and had a white fuselage. The original airBaltic colour scheme, blue and white, was painted on the engines and the vertical stabiliser. The second generation livery also had a lime green wingtip and vertical stabiliser; however, the logo was changed to airBaltic.com, and the word airBaltic was painted on the engines, which were in their original metallic colour.

Until December 2019, the livery consisted of a white fuselage and lime green vertical stabiliser, wingtips and engines. In December 2019, the rear fuselage below the vertical stabiliser was also painted in lime green, with the tail cone remained white. The logo, stylised 'airBaltic', is painted in dark blue on the fuselage across the windows and on the underside of the aircraft. This livery is mainly used on A319, A320, A320neo and A220.

In order to represent the three Baltic states, four of the A220s have been painted in a series of national flag liveries - one each for Estonia and Lithuania, two for Latvia.

Another special livery was unveiled for airBaltic's 50th Airbus A220-300. This striking livery portrays an artistic depiction of a girl soaring through the clouds with long, flowing hair crowned by a traditional wreath and proudly featuring the Latvian flag. The design also incorporates several other elements that are inspired by the rich heritage and nature of the Baltic region – a ladybug, a swallow, and a stork. The final sketch of the design was modified and redesigned by airBaltic to meet the technical requirements of the aircraft.

Award and recognition

On 24 June 2024, airBaltic was voted 2024 Best Airline in Eastern Europe by Skytrax.

Accidents and incidents

A drunk airBaltic crew including a co-pilot at seven times legal alcohol limit was stopped by the police in Oslo before a flight in 2015. The second officer was sentenced to six months' jail while the captain and flight attendants also faced proceedings after a tip-off stopped them from taking charge of flight from Norway.

On 17 September 2016, an airBaltic de Havilland Dash 8-400, registered YL-BAI, performing flight BT-641, landed at Riga without its nose gear due to problems with the nose gear.

On 6 December 2017, due to heavy winds and a slippery surface, an airBaltic Boeing 737-500 slid off a taxiway after landing in Moscow Sheremetyevo International Airport.

On 3 December 2021, due to heavy snowfall, an airBaltic Airbus A220-300 (YL-CSE) slid off the runway after the landing at Riga Airport from Stockholm (flight BT102).

On 9 March 2023, due to heavy snowfall, an airBaltic Airbus A220-300 (YL-AAP) slid off the runway after the landing at Riga Airport from Paris (flight BT694).

On 14 June 2025, an airBaltic Airbus A220-300 (YL-AAO), was undergoing an Auxiliary Power Unit (APU) ground-run during scheduled maintenance when a fire ignited in the centre section of the aircraft. This caused severe heat damage to the fuselage and wing root section. In December 2025, Airbus Engineering concluded that the aircraft was uneconomical to repair. This is the first hull loss of an A220 aircraft.