Author: Janis Vanags
Source: A/S Air Baltic Corporation
The Latvian national airline airBaltic has been nominated as one of the Top 5 low cost airlines in the world for The Budgies World Low Cost Airline Awards. The decision to nominate airBaltic in the category Best Low Cost Airline comes from a panel of independent judges of the World Low Cost Airlines Congress.
Bertolt Flick, President and Chief Executive Officer of airBaltic: "airBaltic has a unique hybrid business model integrating the features of network carriers and low cost airlines. Successful restructuring and focused management of the airline has earned airBaltic international awards for its achievements as a network carrier. The nomination of airBaltic in the top league of low cost carriers is recognition for our low-cost structure and affordable tickets to passengers."
The World Low Cost Airlines Congress has nominated five airlines for the Best Low Cost Airline category – airBaltic, Tiger, AirAsia, Ryanair, Spicejet, Air Arabia.
airBaltic has previously received the title of Airline of the Year 2009/2010 (Gold Award) from the European Regions Airline Association. airBaltic is also the winner of Air Transport World Phoenix Award 2010 – a global recognition of excellence in restructuring business, an award that has the same meaning for airlines as the Oscar award for filmmakers.
airBaltic serves more 80 destinations from its home base at North Hub Riga, Latvia. From each of these, airBaltic offers convenient connections via North Hub Riga to its network spanning Europe, Scandinavia, Russia, CIS and the Middle East.
More information about the Best Low Cost Airline Awards: www.terrapinn.com/2010/budgies
airBalticin brief:
AIR BALTIC CORPORATION (airBaltic) is a joint stock company that was established in 1995. The primary shareholders are the Latvian state, with 52.6% of stock, and SIA Baltijas aviācijas sistēmas, with 47.2% of stock. The airBaltic fleet consists of 33 aircraft – ten Boeing 737-500, eight Boeing 737-300, two Boeing 757-200, ten Fokker 50 airplanes and three Bombardier Q400Next Gen. airBaltic offers nonstop flights from three Baltic capital cities – Riga, Vilnius, and Tallinn. airBaltic received the title of Airline of the Year 2009/2010 (Gold Award) from the European Regions Airline Association. airBaltic is the winner of Air Transport World Phoenix Award 2010 – a global recognition of excellence in restructuring business. airBaltic was chosen for anna.aero ANNIES Award as Europe's largest flag carrier by new routes.
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