About Business Network
The Baltics leading airline
Latvian airline Air Baltic Corporation AS (airBaltic) was founded in 1995. Its primary shareholder is the Latvian state, which holds 96.14% of the stock, while Lars Thuesen holds 3.86% through his fully-owned Aircraft Leasing 1 SIA. airBaltic is a hybrid airline taking the best practices both from traditional network airlines and low cost carriers.
In 2008, airBaltic changed its operating model from a point-to-point carrier to a network airline making Riga a connecting hub. The airline offers low fare tickets in its network spanning Europe, Scandinavia, Russia, CIS and the Middle East. The prices are competitive not only with other airlines, but also with the prices of bus, car, train or ferry travel. Tickets are available not only for direct but also for transfer flights.
Our mission and vision
Our mission is to ensure vital connectivity between the Baltic states and the world and deliver a significant contribution to the economy.
Our vision sees airBaltic becoming a sustainable carrier in the EU aviation market, while maintaining a continuous growth path and innovative improvement of passenger experience, and developing the Baltic states as one of the key European business centres.
We deliver. Consistent excellence in every aspect of our business is what we strive for every day. We are strongly committed to deliver top-notch quality in all areas of our operations. We make sure that travel is safe, punctual and smooth for our customers. We are a reliable partner for everyone we cooperate with. By connecting people and places we bring benefit to the whole society.
We care. We love what we do and our passion for aviation inspires others. We build long-lasting relationships with our passengers, anticipating their needs and offering the best service possible. Sustainability is at the core of all the ways we work – how we do business, how we interact with people, how we care about environment, introducing green practices wherever we can.
We grow. We see challenges as opportunities to develop. We innovate, improve and move forward in order to be ahead of the industry. We are a team of the best professionals in the field who are constantly working to stay on top. We believe in the balance of thinking fast and smart – true leaders are flexible visionaries and take clear decisions to adapt to change and create a better future.