Latvia’s state-owned railway company, Latvijas Dzelzcels (LDz), has signed an agreement with the Finance Ministry’s Central Finance and Contracts Agency (CFLA) on a project to build a new railway line to Riga International Airport, LSM reports. Under the contract, LDz and state-owned Eiropas Dzelzcela Linijas (EDZL) plan to build a new branch line from the…
Latvia’s Riga International Airport (RIX) served a total of 5.32 million passengers in the first nine months of 2026, which was as many as in the same period of 2025, LETA reported. Transit passengers accounted for 22% of the total, which was up from 20% a year earlier. Latvia’s national airline, airBaltic, accounted for 59%…
The Latvian government said that the financial situation of the country’s national airline, airBaltic, was “very serious,” LSM reports. Earlier, S&P Global Ratings lowered airBaltic’s credit rating from CCC+ to CCC- with a negative outlook, LRT reported. The agency noted that airBaltic’s had insufficient funds to cover its financial obligations and the government may not…
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…
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…
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 volume of freight carried by road and air increased in Latvia in the first three quarters of 2025, while the volume of freight carried by rail and sea decreased, according to data from the Central Statistical Bureau (CSP), LSM reports. The volume of road freight totalled 59.2 million tonnes, which was 2% more than…
Smuggler balloons from Belarus disrupted flights at Lithuania’s Vilnius International Airport (VIA) overnight on 4 October 2025, LRT reports. The National Crisis Management Centre (NKVC) reported that 25 meteorological balloons, most likely carrying smuggled cigarettes, entered Lithuanian airspace from Belarus. State-run airport operator Lietuvos Oro Uostai (LTOU) suspended flights at VIA at around 10pm on…
Latvia’s Riga International Airport (RIX) served more than 3.3 million passengers in the first half of 2025, which was 5% more than in the same period of 2024, LSM reported. The number of flights increased by 3% to 30,378. The airport’s cargo turnover rose by 9% to 9,194 tonnes.
