In a surprise announcement, the entire supervisory board of Latvian airline Air Baltic has decided to step down, clearing the runway for a new phase in the company’s journey. According to the Latvian Ministry of Transport, the current board, led by Klavs Vasks and including Kaspars Ozolinš and Andris Liepinš, will officially disembark on February 11, making way for fresh faces at a shareholders’ meeting. This shake-up comes as Transport Minister Kaspars Briškens has been vocal about the need for change to steer the airline towards a brighter future.
But this isn’t just a shuffle at the top—it’s a pivot in strategy. Andulis Židkovs, the State Secretary of the Ministry of Transport, expressed optimism that a deal with a strategic investor could be inked within weeks, paving the way for a bold new chapter. “A new stage of development will begin for Air Baltic, for which the new supervisory board will be responsible,” Židkovs declared, signaling a shift in altitude for the Latvian carrier.
Meanwhile, Air Baltic’s operational wings remain robust. This summer, the airline’s 148-seat A220-300s will temporarily replace Brussels Airlines’ aircraft on routes to Ljubljana, courtesy of a wet-lease extension with Lufthansa Group. By 2025, Air Baltic will dedicate 21 A220-300s to support Lufthansa’s operations, solidifying its reputation as a reliable partner in the skies. While the boardroom drama unfolds, Air Baltic’s business as usual underscores the balancing act of reinvention and resilience in aviation.
(Source: ERR | EX-YU- Aviation)
