Air Baltic Pins Future Development on Airbus A220 Fleet | Aviation International News

Air Baltic Pins Future Development on Airbus A220 Fleet

Latvian airline Air Baltic plans to double its fleet size by 2025 though it will need additional capital to fund the growth.

Air Baltic served as the launch operator for the CS300, now called the Airbus A220-300, and holds the bulk of the European order book for the type. (Image: Air Baltic)

By Cathy Buyck • Contributor - Europe

June 11, 2019

While pursuing a rapid expansion of its fleet and network on its own merit, Air Baltic CEO Martin Gauss is not giving up on his long-standing objective for the Latvia-based regional carrier to become part of a larger European airline or airline group as consolidation on the continent continues. “There are lots of benefits in having a strong partner: aircraft purchase, cash management, and distribution power. The question is what do you lose,” he told AIN on the sidelines of the recent IATA AGM in Seoul. But, he emphasized, it will all depend on a “shareholders’ decision, not mine.”

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