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.............................. Air Baltic - The national airline of Latvia  Logo and Trademark..............................

airBaltic is the Latvian national airline, based in the capital of Latvia, Rīga. Its main base is Riga International Airport (RIX), it is also the largest airline at its secondary hub in Vilnius, Lithuania.

   

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The airline was established on 28 August 1995 with the signing of a joint venture between Scandinavian Airlines System (SAS) and the Latvian state. Operations started on 1 October 1995 with the arrival of the first Air Baltic aircraft, a Saab 340, at Riga, and that afternoon, the plane was making the first passenger flight for Air Baltic.

In 1996, the airline's first Avro RJ70 was delivered; and Air Baltic joined SAS frequent flier club as a partner. 1997 saw the opening of a cargo department, and in 1998, the airline's first Fokker 50 plane was delivered. The adopted livery was mainly white, with the name of the airline written in blue on the forward fuselage, the 'B' logo being heavily stylised in blue checks. The blue checked pattern was repeated on the aircraft tailfin.

In 1999, Air Baltic became a joint stock company, and all of their Saab 340s were replaced by Fokker 50s. By September, the airline had begun operating under the European Aviation Operating Standards, or JAR ops. Air Baltic welcomed the new millennium by introducing new uniforms and opening a cargo center at Riga's airport.

The first Boeing 737-500 joined the fleet in 2003, and on June 1, 2004, Air Baltic launched services from the Lithuanian capital, Vilnius, initially to five destinations. In October 2004, Air Baltic rebranded as airBaltic. Their present livery consists of an all-white fuselage and lime tailfin. airBaltic.com is displayed on the forward upper fuselage, and the word "Baltic" is repeated in white on the lower part of the tailfin.

In the near future, according to ATW Media Group website, the airline anticipates to increase its fleet to at least 30 aircraft (from the current 18) and expects to replace current Boeing 737-500s with a total of 12 Boeing 737-300 and Boeing 737-400. In December 2006, the first Boeing 737-300 was delivered to airBaltic.

airBaltic has strong links with SAS Scandinavian which owns 47.2% of the airline (the Latvian state holds the remainder). It operates frequent flights to SAS hubs in Copenhagen and Stockholm. The airline boasts "Well connected with SAS" status and the airline's frequent flyer programme is SAS' EuroBonus scheme. Other products and services shared with SAS include co-ordinated timetabling and shared airport lounges.

Unlike its affiliated carrier, SAS, airBaltic is not a member of the Star Alliance or any other airline grouping, though this may change in the future if SAS successfully sponsors the carrier as a regional member. At the moment, however, codeshare agreements are in place with Spanair and Blue1, as well as a partnering agreement with Russian carrier Rossiya, Aeroflot and Austrian, Atlasjet, Belavia, DonbassAero, Estonian Air, Azerbaijan Airlines, Uzbekistan Airways, Aerosvit Airlines, Georgian Airways.

airBaltic carried 1,425,276 passengers in 2006, a 37% increase from 2005, when airBaltic carried 1,037,925 passengers. According to airBaltic President Bertolt Flick, the airline is expected to carry around 2.2 million passengers in 2007. Approximately 2/3 passengers are generated by airBaltic's Riga bound flights.

During the first five months of 2007, airBaltic transported a total of 668,335 passengers, or 34% more than during the same period in 2006, when the total number of passengers was 497,915.

Turnover for 2006 reached 115.9 million lats (164.9 million euro), an increase of 37% compared to 2005. At FYE 2006, operational result (EBITDAR) reached 16.9 million lats (24.0 million EUR), a 65% increase from 2005(9.7 MLVL/13.8 MEUR). The airline’s net profit for 2006 was 4.305 million lats (6.125 million euro) vs. -1.14 million lats (-1,62 million euro) a year before. As of March 2007 airBaltic employes 800 people. From July 2007 airBaltic have online check-in system. airBaltic has its own offices in Riga, Vilnius, Minsk, Moscow, Kiev, Berlin, London, Odessa, Daugavpils and in St. Petersburg.

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