The Latvian government is in talks with a strategic investor for the country’s ailing national airline, airBaltic, Prime Minister Andris Kulbergs revealed, Reuters reported. He said that the potential investor was “a serious partner,” but refused to indicate what stake the investor could acquire. The state’s main condition was that the investor maintain airBaltic’s hub…
The Latvian government needs to make a decision on the future of the country’s national airline, airBaltic, in summer 2026, Prime Minister Andris Kulbergs stated, LETA reports. Speaking in an interview with TV3, Kulbergs said that airBaltic remained a strategic state asset, but stressed that taxpayer money could no longer be the sole support for…
Latvia’s Riga International Airport (RIX) posted an audited profit of EUR 4.2mn in 2025, which was up EUR 0.8mn from 2024, The Baltic Times reported. The airport’s annual net turnover totalled EUR 80.7mn, which was up 3.9% over a year. Revenue from aviation services amounted to EUR 47.3mn (up 5.4%) and from non-aviation services to…
Leaders of NATO and the EU expressed full support for the Baltic States after Russian threats, ERR reported. Russia accused the Baltic States of allowing Ukrainian drone strikes from their territory, threatening retaliation. NATO secretary general Mark Rutte called the Russian accusations “absolutely ridiculous,” while European Commission president Ursula von der Leyen stated that the…
Passenger traffic by land and sea transport increased in Latvia in 2025, according to the Central Statistical Bureau (CSP), LSM reported. The number of passengers on land transport totalled 192.4 million in 2025, which was up 0.6% from 191.2 million in 2024. The number of passengers on regular bus lines amounted to 97.6 million (down…
The Lithuanian Armed Forces (LGP) issued an air alert in the country’s capital, Vilnius, after a drone was sighted over Vilnius district, LRT reported. LGP activated the NATO Baltic Air Policing mission after radars detected the suspected drone within Belarusian territory. Lithuanian leaders, including President Gitanas Nauseda and Prime Minister Inga Ruginiene, as well as members…
A Romanian fighter jet based at Lithuania’s Siauliai Air Base shot down a drone over Lake Võrtsjärv in southern Estonia on 19 May 2026, Defence Minister Hanno Pevkur announced, ERR reported. Taavi Aas, head of the Põltsamaa municipality, said that the drone crashed into a field near Põltsamaa. No civilian damage or injuries were reported….
A suspected Ukrainian military drone crashed in northern Lithuania in the early evening of 17 May 2026, LRT reports. The National Crisis Management Centre (NKVC) said that the drone crashed in a field near a village in the Utena district. According to the Lithuanian Armed Forces (LGS), military radars failed to detect the drone, and…
Latvia’s national air carrier, airBaltic, suffered a loss of EUR 70.1mn in the first quarter of 2026, which was 2.4 times more than in the first quarter of 2025, when the company’s loss stood at EUR 29.348mn, LETA reported. The airline’s quarterly EBITDAR amounted to EUR 7mn, which was up from a loss of EUR…
