Author: Janis Vanags
Source: A/S Air Baltic Corporation
The international aviation publication ANNA.aero has conducted a thorough analysis of the aviation market in the Baltic region, and highlighted the dominant role of airBaltic in region, with its network spanning Europe, Middle East, Russia/CIS, and three times more flights than its next biggest competitor. The publication observes the growing presence of low cost services, success of Riga Airport, and details the absence of a flag-carrier in Lithuania.
Publication: www.anna.aero/2011/09/29/airbaltic-continues-to-dominate-baltic-aviation-regions-airports-growing-fast/
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 34 aircraft – six Boeing 737-500, eight Boeing 737-300, two Boeing 757-200, ten Fokker 50 airplanes and eight 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. In summer 2010, airBaltic was chosen for anna.aero ANNIES Award as Europe's largest flag carrier by new routes. airBaltic won a special Pacesetter Award 2010 from the Jury of the Budgies World Low Cost Airline Awards, recognising achievements of airBaltic as a hybrid airline.
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