airBaltic Corporation · Riga Latvia
Company Description
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This link will open in a new window If travel plans take you through the Baltic states, you might want to consider flying airBaltic. Latvia's flag carrier, airBaltic serves more than 25 destinations in Europe from its hubs in Riga and Vilnius. The airline's fleet includes seven Boeing 737-500 and seven Fokker 50 aircrafts. Founded in 1995, airBaltic is 53% owned by the Latvian government. Scandinavian air group SAS AB had owned the other 47% but sold its shares in early 2009 to airBaltic's management for about $25 million. The sale comes after the Latvian government rejected a buyout offer from SAS. To read the full description, subscribe now.
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Key airBaltic Corporation Financials
| Company Type | Government-owned Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $0.2 |
| Employees | 550 |
airBaltic Corporation Executives
9 executives listed for airBaltic Corporation's Riga, location.
| Title | Name & Bio | Contact |
| President and CEO | Bertolt Flick | Network |
| COO | Laila Odina | Network |
| COO | Ernest Larini | Network |
Competition
Competitive Landscape for airBaltic Corporation
Airlines depend highly on the health of the US economy, which affects air travel by business and consumer passengers. Because many costs are fixed, the profitability of individual companies is determined by efficient operations and on favorable fuel and labor costs. Small airlines can compete by servicing local or regional routes. To read the full description, subscribe now.Top airBaltic Corporation Competitors
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