airBaltic Supervisory Board Extends Contract with CEO Martin Gauss

The Supervisory Board of Latvian national airline airBaltic and CEO Martin Gauss have mutually agreed to extend his contract as Chief Executive Officer and Chairman of the Executive Board until 31 March 2014.

Martin Gauss joined airBaltic as Chief Executive Officer and Chairman of the Executive Board on 1 November 2011, initially based on a twelve-month term.

The executive board of airBaltic consists of three members. Chief Executive Officer Martin Gauss is the Chairman of the Board. This week, the new Chief Operations Officer Martin Sedlacky joined Chief Finance Officer Vitolds Jakovļevs as a member of the Board.

airBaltic serves 60 destinations with direct flights from its home base in Riga, Latvia. From every one of these, airBaltic offers convenient connections via North Hub Riga to its network spanning Europe, Scandinavia, Russia, CIS and the Middle East.

 

airBalticin brief:  

AIR BALTIC CORPORATION (airBaltic) is a joint stock company that was established in 1995. The primary shareholder is Latvian state with 99.8% 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. 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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