B2B online platform for business aviation, Aviapages.com and Latvian Business Aviation Holding Flight Consulting Group are joining their knowledge, expertise and technologies in order to provide the industry with new and even more convenient solutions. Flight Consulting Group (FCG) and Aviapages.com have signed the agreement, which will allow the both companies’ clients to...
Latvia’s government fell as Prime Minister Laimdota Straujuma resigned amid a deal to finance the airBaltic national airline that forced Transport Minister Anrijs Matiss from office. Latvian Prime Minister Laimdota Straujuma announced her resignation after a meeting with President Raimonds Vejonis. "The time has come to create a new government. New ideas, new input, new energy is...
Latvia's parliament has backed an EUR€80 million (USD$85 million) cash injection for AirBaltic, removing a potential hurdle for the state-owned flag carrier to complete the purchase of Bombardier CSeries aircraft. The green light follows a government decision to prevent the state-owned airline separately importing jets from Russia's Sukhoi, a possibility that had threatened to put...
Martin Gauss, chief executive of Latvia's national airline airBaltic on December 1 confirmed that the company would not be buying planes from Russian manufacturer Sukhoi. The possibility that airBaltic might buy planes for regional routes from Russia in the form of the Sukhoi Superjet at a time of high tensions between that country and Latvia and its NATO allies had been a cause of widespre...
Yesterday the Latvian airline airBaltic welcomed a Bombardier CSeries aircraft to Rīga, Latvia, as part of CS100 demo tour to Northern Europe. Martin Gauss, Chief Executive Officer of airBaltic: “Bombardier CSeries will be the backbone of our jet fleet beyond 2016. We are thrilled to have this CS100 in Riga for display. Bombardier’s CS300 airliners are integral to the execution of...
After three hours of debates on November 19th, the government in Latvia decided to move forward with the previously accepted airBaltic investment plan. Prime Minister Laimdota Straujuma (Unity) told members of the press today that the government will more forward with the investment plan after it is approved by Saeima. Straujuma said that the original agreement has been amended, as there wer...
Air Serbia, the national airline of the Republic of Serbia, and airBaltic, the Latvian flag carrier, have signed a codeshare agreement that offers guests convenient new travel options between Belgrade and the Baltic capitals of Rīga and Tallinn. The deal will result in Air Serbia placing its “JU” flight code on 47 weekly services operated by airBaltic between Rīga and Amsterdam, Ber...
Latvia-based carrier airBaltic has been confirmed as the launch customer for Bombardier’s CS300 single aisle jet. First delivery of the CS300 is due in the second half of 2016, airBaltic and Bombardier announced at the Dubai Airshow over the weekend. The airline has 13 CS300s on firm order and retains options for seven more of the type. airBaltic chief executive Martin Gauss said th...
The Latvian Cabinet of Ministers has approved plans to sell 20% of airBaltic to German investor Ralf Dieter Montag-Girmes for EUR 52 million and agreed to invest a further EUR 80 million in the airline. The total of EUR 132 million of fresh capital for the Latvian carrier will spur its Horizon 2021 business plan and fleet modernisation. Ralf Dieter Montag Girmes, G...
Following lengthy deliberations, the Latvian government has agreed to sell a 20% stake in Air Baltic(BT,Riga) to German investor Ralf Dieter Montag-Girmes for EUR52 million (USD57.2 million). The official LETA news service says that alongside Montag-Girmes' investment, government will shore up the carrier's coffers with an EUR80 million (USD88 million) loan from the Latvian central bank...
The Ministry of Defence of the Republic of Latvia and Lockheed Martin signed a contract for three TPS-77 Multi-Role Radars (MRR) for use in air surveillance and to complement radar assets already in place. "Purchase of "TPS-77" MRRs will mean a huge investment in the strengthening of defence capabilities of National Armed Forces and gives us the chance to act accor...
Air Baltic (BT, Riga) has attracted attention from Chinese investors Latvia's State Secretary to the Ministry of Transport, Kaspars Ozoliņš, has disclosed. In an interview with Latvian Radio this week, Ozoliņš described the investors simply as owners of a variety of aircraft manufacturing firms. He added that talks took place last month during the finalization of details for a...
