Latvia’s state-owned airline, airBaltic, will open flights on several new routes from the Baltic States and Finland in winter 2023/2024 and summer 2024. The company will open flights from the Lithuanian capital, Vilnius, to Gran Canaria and Tenerife in Spain, Turin in Italy, and Dubai in the UAE in October 2023, LRT reports. In summer…
The Lithuanian government seeks to have more direct flights to Germany, BNS reports. Defence Minister Arvydas Anusauskas said that the more frequent flight connections would help German troops stationed in Lithuania. Also, Lithuania plans to open kindergartens and schools for the children of German soldiers, Anusauskas added. Lithuania’s defence chief, General Valdemaras Rupsys, said that…
Latvia’s national air carrier, airBaltic, will open flights on eleven new routes in May 2024, including seven from Latvia, two from Estonia, and two from Lithuania, BNS reports. The company will open flights from Riga to Alicante, Chisinau, Ljubljana, Pristina, Skopje, Sofia, and Tirana. Also, airBaltic will open flights from Tallinn to Billund in Denmark…
Officials from Estonia’s Ida-Virumaa county are considering the possibility of establishing a direct flight connection with southeastern Finland, ERR reports. Local officials from Narva, Narva-Jõesuu, and Sillamäe took a test flight from an airfield outside Narva to Pyhtää airport (Helsinki-East Aerodrome) in Finland. Esa Korjula, CEO of Pyhtää airport’s operator, Redstone Aero, and Terhi Lindholm,…
Latvia’s national air carrier, airBaltic, posted the highest ever revenue and profit in the company’s history in the first half of 2023, LSM reports. The company’s six-month revenue totalled EUR 291mn, which was up 52% from a year earlier. Net profit amounted to EUR 14.6mn, which was up sharply from a net loss of EUR…
Lithuania’s Minister of Transport and Communications, Marius Skuodis, has appointed Simonas Bartkus as the new CEO of the state-owned airport operator, Lietuvos Oro Uostai (Lithuanian Airports, LTOU), as of 16 August 2023. LTOU’s previous CEO, Marius Gelzinis, resigned in June 2022. Bartkus has 10 years of management experience in the aviation and transport sectors. LTOU…
Latvia’s national air carrier, airBaltic, has no plans to buy Estonian airline Nordica, ERR reports. Martin Gauss, CEO of airBaltic, said that the company’s business plan did not foresee any acquisitions. Moreover, the terms of EU aid to the airline did not allow the company to acquire other airlines, he pointed out. Gauss said that…
Estonia’s state-owned airline, Nordic Aviation Group (Nordica), generated a consolidated turnover of EUR 54.9mn in the first half of 2023, ERR reports. The group suffered a net loss of EUR 7.2mn. David O’Brock, chairman of Nordica’s supervisory board, noted that the situation in the aviation market was complicated, with late deliveries of leased aircraft, short…
Lithuanian-owned ACMI provider Avia Solutions Group (ASG) has acquired the UK-based airline operator, Synergy Aviation, AviationSource reports. ASG will later rebrand Synergy Aviation to Ascend Airways. Jonas Janukenas, CEO of ASG, said that the group planned to expand further in the UK. Irish-based ASG is the parent company of several airlines, including Avion Express, Bluebird…