For the summer season starting March 27, Latvian airline airBaltic is cancelling four routes from Vilnius to Dublin, London, Rome and Paris, as the new market entrants in Lithuania have created identical products, resulting in overlapping of routes, and overcapacity.
Tadas Vizgirda, General Manager of airBaltic in Lithuania: “Coincidentally, both Ryanair and Wizzair have announced new routes in Vilnius that overlap with those served by airBaltic. The world is big enough, and we rather walk away from the crowd, to avoid the other two airlines flying wing-to-wing with each other.
The new Vilnius airport discount scheme appears to have backfired, resulting in overcapacity on just a handful of routes rather than broadening the choice of routes, as intended by the scheme.”
airBaltic apologizes for inconvenience to passengers. Customer satisfaction is the priority of airBaltic. Each and every customer who has booked tickets on the cancelled flights will be offered alternatives by airBaltic individually.
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.