airBaltic, the leading Latvian carrier, continues its strong growth trajectory, exceeding half a million passengers in August 2024. This impressive feat was accompanied by a record load factor of 89.8% and a significant increase in flight operations, cementing airBaltic’s position as the leading airline in the Baltic region.
Google Doodle commemorates the conclusion of the 2024 Paris Paralympic Games with an animated artwork depicting birds competing for medals. Simultaneously, a special doodle recognizes Father’s Day in Latvia.
airBaltic, the Latvian airline, is expanding its flight network for the summer 2025 season. They are increasing frequencies on eight popular routes from Riga and introducing 16 new routes across the Baltic States, demonstrating their commitment to providing more travel options for passengers.
airBaltic, Latvia’s leading airline, has appointed Dainis Bērziņš as its new Chief Information Officer. Bērziņš brings extensive experience in IT and digital transformation to the role, where he will lead the company’s digital strategy, manage its IT innovations, and enhance customer experiences. Bērziņš’s prior roles at Rimi Baltic, Swedbank, and Siemens IT Solutions and Services demonstrate his expertise in driving technological advancement.
Latvia’s national airline, airBaltic, is progressing towards its initial public offering (IPO) with a significant decision from the Cabinet of Ministers to simplify its share structure. This move, aimed at attracting new investors and enhancing transparency, will allow airBaltic to raise capital for growth and expansion, strengthening Latvia’s position in the global aviation industry.
airBaltic, Latvia’s national airline, has unveiled the 48 most popular cities across the Baltics, chosen by public vote, to adorn their Airbus A220 aircraft in celebration of the 35th anniversary of the Baltic Way. The initiative, which garnered over a million votes, highlights the strong bond between the three Baltic states.
The reigning champion US women’s 3×3 basketball team suffered their third consecutive defeat at the Paris Olympics, falling to Australia 17-15. The team’s prospects of qualifying directly for the semi-finals are dwindling, and they now rely on the repechage round for a chance to reach the last four. Meanwhile, Latvia emerged as the only undefeated team in the men’s tournament, while Serbia claimed victory over the Netherlands in a close match.
airBaltic marks 15 years of daily flights between Turku, Finland and Riga, Latvia, connecting passengers to its extensive network and providing convenient connections for travelers from Helsinki, Tampere, and Turku to the world. The airline has served nearly 400,000 passengers and completed over 8,000 flights on this route.
Latvia’s national airline, AirBaltic, has successfully issued a €340 million bond, marking the largest corporate bond offering in the country’s history. The bonds, which carry a 14.50% interest rate and mature in 5 years and 3 months, were met with strong demand from international and local investors, including the Latvian State. The orderbook reached €800 million, exceeding the supply. AirBaltic President and CEO Martin Gauss said the bond issue strengthens the airline’s position and provides liquidity for continued investments. The bonds will settle on May 14, 2024, and are expected to be listed on the Euronext Dublin stock exchange.
