airBaltic

Aviation News | November 21, 2019

Chorus Aviation Capital has entered into a sale-leaseback agreement with AirBaltic to acquire five new Airbus A220-300. This transaction brings its customer base to 15 airlines on six continents. Two deliveries are anticipated in the fourth quarter of 2019 with the balance to be completed by the end of the third quarter in 2020. Steve Ridolfi, president, Chorus Aviation Capital, said: “We are very pleased to welcome Latvia’s flag carrier, airBaltic to our family of airlines, and to i...

Travel Daily Media | July 25, 2019

Latvian airline airBaltic successfully placed a EUR 200 million (USD 223.17 million) issue 6.75% five-year bond becoming the largest corporate bond issue originating from Latvia. The transaction was well received by the international and local investor community resulting in a final allocation to more than 100 investors from 25 countries and the demand for the securities exceeded supply.The airBaltic management team together with J.P. Morgan and SEB banks hosted a well-attended six-day roadshow,...

Travel Daily Media | July 17, 2019

Latvian airline airBaltic, during in June 2019, transported 528,449 passengers (approx. 24%) more than last year to its network spanning Europe, Scandinavia, Russia, Commonwealth of Independent States (CIS) and the Middle East. In June, the carrier reached a 62% market share in Riga and a 22% market share in Tallinn.Martin Gauss, chief executive officer of airBaltic said: For the first time in our history, we have served over 500 000 passengers in a single month. We have further improved our mar...

Simple Flying | January 17, 2020

Canadian operator WestJet is planning a new transatlantic service. The Boeing 737 operated flight would be used to connect Canada’s Halifax to Manchester in the United Kingdom. The seasonal flight is set to operate over the 2020 summer period. WestJet is launching its third route from Halifax to the United Kingdom this summer. Accompanying its existing routes to London and Glasgow, the new connection will be operated by a Boeing 737 aircraft. Launching in June, the route will remain in ope...