AirBaltic, legally incorporated as AS Air Baltic Corporation, is the flag carrier of Latvia, with its head office on the grounds of Riga International Airport in Marupe municipality near Riga.
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AirBaltic is not a member of any airline alliance but does have codeshare agreements in place with several Star Alliance member airlines and others.
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AirBaltic announced that a mystery investor was willing to pay 9.
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Cost-cutting program, initiated by AirBaltic which aims to return to profitability in 2014, scored better than planned results in 2012, by narrowing its losses to €27.
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AirBaltic was looking for opportunities to replace its Q400 turboprop fleet, and Bombardier and Embraer were viewed as potential future aircraft suppliers, with possible deliveries of 14 new aircraft beginning in 2020.
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On 26 September 2017, AirBaltic announced it would buy at least 14 additional CSeries aircraft from Bombardier before the end of 2018; it planned to switch to an all-CSeries fleet by the early 2020s.
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Additional orders by AirBaltic were announced by Bombardier on 28 May 2018 and included 30 CS300 with options and purchase rights for a further 30 CS300.
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AirBaltic temporarily suspended operations on 17 March 2020 due to the coronavirus pandemic, and flights only restarted on a limited basis from 18 May 2020.
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On 14 December 2021, AirBaltic announced that its first secondary hub outside of the Baltic countries will be founded in Tampere Airport in May 2022.
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In October 2022, AirBaltic launched a NFT collection with benefits for the airBaltic Club loyalty programme.
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AirBaltic is a joint-stock company, with current shareholders :.
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