Editing AirBaltic (section)

===Development since 2010===
In August 2011, airBaltic requested more than 60 million lats in capital as its losses continued to mount,<ref>{{cite web|url=http://www.baltictimes.com/news/articles/29348/ |title=airBaltic in need of massive investment as losses mount |publisher=[[The Baltic Times]] |date=2011-08-19 |access-date=2013-04-20|df=dmy-all}}</ref> and suffered speculation about its financial position<ref>{{cite web |author=Toomas Hõbemägi |url=http://www.balticbusinessnews.com/article/2011/6/27/antonov-airbaltic-will-continue-its-business |title=Antonov: airBaltic will continue its business |publisher=Balticbusinessnews.com |date=2011-06-27 |access-date=2013-04-20|df=dmy-all |archive-date=1 July 2011 |archive-url=https://web.archive.org/web/20110701094116/http://www.balticbusinessnews.com/article/2011/6/27/antonov-airbaltic-will-continue-its-business |url-status=dead }}</ref><ref>{{cite web|author=Toomas Hõbemägi |url=http://www.balticbusinessnews.com/?PublicationId=a19ae3be-7d4c-4e7c-a415-d978a0175287&ref=rss |title=Tallinn Airport: airBaltic owes us money |publisher=Balticbusinessnews.com |date=2011-09-14 |access-date=2013-04-20}}</ref><ref>{{cite web|author=Toomas Hõbemägi |url=http://www.balticbusinessnews.com/?PublicationId=39c3b956-c0ca-416b-b36f-3743c2d1350e&ref=rss |title=Bookinghouse stops selling tickets to airBaltic flights |publisher=Balticbusinessnews.com |date=2011-06-28 |access-date=2013-04-20}}</ref><ref>{{cite web|url=http://www.baltictimes.com/news/articles/29539/ |title=airBaltic starts cancelling flights |publisher=[[The Baltic Times]] |date=2011-09-13 |access-date=2013-04-20|df=dmy-all}}</ref> and political scandals throughout 2011.<ref>{{cite web|url=http://www.bakutoday.net/former-latvian-president-unleashed-on-the-head-of-airbaltic-corruption-fighters.html |title=Former Latvian president unleashed on the head of airBaltic corruption fighters |publisher=Bakutoday.net |access-date=2013-04-20 |archive-url=https://web.archive.org/web/20120325211517/http://www.bakutoday.net/former-latvian-president-unleashed-on-the-head-of-airbaltic-corruption-fighters.html |archive-date=2012-03-25|df=dmy-all}}</ref><ref>{{cite web|url=http://www.baltictimes.com/news/articles/29554/ |title=Suspected illegal activity haunts airBaltic |publisher=[[The Baltic Times]] |date=2011-09-14 |access-date=2013-04-20|df=dmy-all}}</ref> In mid September 2011, the company announced plans to lay off around half its employees and cancel around 700 flights a month to avoid possible grounding.<ref>{{cite web |author=Toomas Hõbemägi |url=http://balticbusinessnews.com/article/2011/9/16/airbaltic-starts-massive-layoffs |title=airBaltic starts massive layoffs |publisher=Balticbusinessnews.com |date=2011-09-16 |access-date=2013-04-20|df=dmy-all |archive-date=16 September 2011 |archive-url=https://web.archive.org/web/20110916205618/http://balticbusinessnews.com/article/2011/9/16/airbaltic-starts-massive-layoffs |url-status=dead }}</ref><ref>{{cite web|url=http://www.intelliguide.com/news/?ID=1539512&eid=4acrnLWVgPM= |title=Update: AirBaltic cancels flights through December |publisher=Intelliguide.com|df=dmy-all |access-date=2013-04-20 |url-status=dead |archive-url=https://web.archive.org/web/20120402132950/http://www.intelliguide.com/news/?ID=1539512&eid=4acrnLWVgPM%3D |archive-date=2 April 2012 }}</ref> The company also announced that a mystery investor was willing to pay 9.6 million euros for an additional 59,110 shares.<ref>{{cite web |author=Toomas Hõbemägi |url=http://balticbusinessnews.com/article/2011/9/13/breaking-news-airbaltic-sells-shares-cancels-flights |title=Breaking news: airBaltic sells shares, cancels flights |publisher=Balticbusinessnews.com |date=2011-09-13 |access-date=2013-04-20 |archive-date=16 September 2011 |archive-url=https://web.archive.org/web/20110916200328/http://balticbusinessnews.com/article/2011/9/13/breaking-news-airbaltic-sells-shares-cancels-flights |url-status=dead }}</ref> On 4 October 2011, the plans were annulled in order to make the necessary investments in the airline's capital. The government of Latvia and BAS agreed to invest around 100 million lats in the airline's share capital in proportion to their stakes in airBaltic.<ref>{{cite web|author=Alla Petrova |url=http://www.baltic-course.com/eng/transport/?doc=46654 |title=Agreement officially signed on bail out of airBaltic |publisher=[[The Baltic Course]]|df=dmy-all |date=2012-10-17 |access-date=2013-04-20}}</ref><ref>{{Cite web|url=http://www.msn.com/en-ph/news|archiveurl=https://web.archive.org/web/20150403113721/http://news.ph.msn.com/business/article.aspx?cp-documentid=5346951|url-status=dead|title=Philippine news, weather, world news|archive-date=3 April 2015|work=MSN Philippines News|access-date=21 December 2022}}</ref> As part of the agreement its longtime president and [[CEO]] stepped down and Martin Gauss, former CEO of Hungarian airline [[Malév Hungarian Airlines]], became the new CEO.<ref>{{cite web |author=Toomas Hõbemägi |url=http://balticbusinessnews.com/Default.aspx?PublicationId=652c36e6-ab0c-45d4-a5af-3a5d8ebc726d |title=Martin Gauss confirmed as new CEO of airBaltic |publisher=Balticbusinessnews.com|df=dmy-all |date=2011-10-24 |access-date=2013-04-20 |archive-date=14 May 2012 |archive-url=https://web.archive.org/web/20120514103015/http://balticbusinessnews.com/Default.aspx?PublicationId=652c36e6-ab0c-45d4-a5af-3a5d8ebc726d |url-status=dead }}</ref>

airBaltic had made an announcement on 23 September 2010 that it would establish a new secondary hub at [[Oulu Airport]].<ref name="yle.fi_20100923">{{cite web|url=http://www.yle.fi/uutiset/news/2010/09/air_baltic_setting_up_oulu_hub_2004336.html |title=Air Baltic Setting up Oulu Hub |access-date=23 September 2010 |date=23 September 2010 |work=YLE News |publisher=Yleisradio Oy |location=Helsinki |archive-url=https://web.archive.org/web/20100926115642/http://yle.fi/uutiset/news/2010/09/air_baltic_setting_up_oulu_hub_2004336.html |archive-date=26 September 2010 |url-status=live }}</ref><ref name="airbaltic_20100923">{{cite web|url=http://www.airbaltic.com/public/45198.html|title=airBaltic to Open a New Hub in Oulu, Finland|access-date=23 September 2010|date=23 September 2010|publisher=A/S airBaltic Corporation|location=Riga|archive-url=https://web.archive.org/web/20100924202142/http://www.airbaltic.com/public/45198.html|archive-date=24 September 2010|url-status=dead}}</ref>

In early 2012, it was confirmed that Oulu hub plans were cancelled due to financial issues.<ref name="oulu-hub-cancelled">{{cite web |url= http://yle.fi/uutiset/air_balticin_solmusuunnitelma_kuivui_kasaan/5096717|title= airBaltic in solmusuunnitelma kuivui kasaan |date= 23 March 2012 | publisher= YLE uutiset |access-date=5 February 2012 | language = fi}}</ref> The cost-cutting program, initiated by airBaltic which aimed to return to profitability in 2014, scored better than planned results in 2012, by narrowing its losses to €27.2 million, from €121.5 in 2011.<ref name=2012results>{{cite web|url=http://centreforaviation.com/news/airbaltic-ahead-of-schedule-to-reach-profitability-in-2014-223513|title=airBaltic ahead of schedule to reach profitability in 2014|publisher=Centre for Aviation}}</ref><ref>{{cite news|url=https://www.bloomberg.com/news/2013-04-19/airbaltic-2012-loss-beats-plan-on-reduced-fleet-size-christmas.html|title=airBaltic 2012 Loss Beats Plan on Reduced Fleet Size, Christmas|newspaper=Bloomberg.com |date=19 April 2013 |publisher=Bloomberg}}</ref>

The state's shareholding had been 99.8% since 30 November 2011, following the collapse of a bank linked with a finance package negotiated for the airline,<ref>{{Cite web|url=http://balticbusinessnews.com/article/2011/11/29/airbaltic-s-future-uncertain-after-krajbanka-s-collapse|title=airBaltic's future uncertain after Krajbanka's collapse|accessdate=21 December 2022|archive-date=3 December 2011|archive-url=https://web.archive.org/web/20111203050303/http://balticbusinessnews.com/article/2011/11/29/airbaltic-s-future-uncertain-after-krajbanka-s-collapse|url-status=dead}}</ref><ref>{{Cite web|url=http://balticbusinessnews.com/article/2011/12/1/latvian-government-takes-over-airbaltic|title=Latvian government takes over airBaltic|accessdate=21 December 2022|archive-date=5 December 2011|archive-url=https://web.archive.org/web/20111205103420/http://balticbusinessnews.com/article/2011/12/1/latvian-government-takes-over-airBaltic|url-status=dead}}</ref> but on 6 November 2015, it was reported that the Latvian Cabinet of Ministers had approved plans to sell 20% of airBaltic to German investor Ralf Dieter Montag-Girmes for €52 million and agreed to invest a further €80 million in the airline. The total of €132 million of fresh capital for the carrier is intended to spur its Horizon 2021 business plan and fleet modernisation.<ref>{{cite web|url=http://www.baltic-course.com/eng/transport/?doc=112616&underline=air+baltic|title=German investor for airBaltic|publisher=The Baltic Course}}</ref><ref>{{Cite web|url=https://aviationweek.com/air-transport/airlines-lessors/new-investor-completes-airbaltic-buy|title=New investor completes airBaltic buy-in &#124; Aviation Week Network|website=aviationweek.com|accessdate=21 December 2022}}</ref> Following the closure of [[Air Lituanica]] and [[Estonian Air]] respectively in June and November 2015, and [[Nordic Aviation Group|Nordica]] in November 2024, it is the only flag carrier in the [[Baltic countries]].

The [[Bombardier CS300]] delivery was much anticipated by airBaltic since this new aircraft type was originally planned to replace most of the airline's Boeing 737-300s and Boeing 737-500s and would replace all by 2020. The delivery of the CS300 happened on 29 November 2016, at 2 am ET. On 28 November, Bombardier and airBaltic held a ceremony in Mirabel, Quebec, Canada for the first delivery of the CS300. At 1:30 am, shortly before the scheduled departure, an oil leak from an engine was spotted. It delayed the departure, but at 2:23 am ET, the aircraft was now airBaltic's property. On board the inaugural flight, there were 18 people, including 6 pilots: 3 from Bombardier, and 3 from airBaltic. At 4:13 am ET, after a delay of over 2 hours, flight BT9801 took off en route to Stockholm. The airline received two CS300 in 2016 and expects to receive six in 2017, eight in 2018 and four more in 2020.<ref name="CS300_021216">{{cite web|url=http://www.baltic-course.com/eng/good_for_business/?doc=125920|title=Latvia's airBaltic will gradually renew fleet with Bombardier CS300 aircraft (Dec 2, 2016)|publisher=The Baltic Course|access-date=3 December 2016}}</ref>

airBaltic was looking for opportunities to replace its [[Bombardier Dash 8|Q400]] turboprop fleet, and Bombardier and [[Embraer]] were viewed as potential future aircraft suppliers, with possible deliveries of 14 new aircraft beginning in 2020.<ref>{{cite news|url=https://www.reuters.com/article/us-airlines-iata-airbaltic/airbaltic-eyes-order-for-at-least-14-jets-idUSKBN18W2PN|title=airBaltic eyes order for at least 14 jets|date=5 June 2017|newspaper=Reuters}}</ref> On 26 September 2017, airBaltic announced it would buy at least 14 additional [[Airbus A220|CSeries]] aircraft from Bombardier before the end of 2018; it planned to switch to an all-CSeries fleet by the early 2020s.<ref>{{cite news|url=https://www.bloomberg.com/news/articles/2017-09-27/bombardier-nears-1-25-billion-c-series-jet-deal-with-air-baltic|title=Bombardier Nears $1.25 Billion C Series Deal With Air Baltic|newspaper=Bloomberg.com |date=27 September 2017|via=www.bloomberg.com}}</ref> Additional orders by airBaltic were announced by Bombardier on 28 May 2018 and included 30 CS300 with options and purchase rights for a further 30 CS300.<ref>{{cite web|url=http://news.commercialaircraft.bombardier.com/airbaltic-orders-up-to-60-bombardier-cs300-aircraft/|title=Media - Bombardier Commercial Aircraft|website=news.commercialaircraft.bombardier.com|access-date=13 August 2018}}</ref><ref name="LSM-May2018">{{cite news|title=Commission official: airBaltic likely to find investor soon|url=https://eng.lsm.lv/article/economy/transport/commission-official-airbaltic-likely-to-find-investor-soon.a280055/|access-date=30 May 2018|publisher=[[Public Broadcasting of Latvia]]|agency=LETA|date=30 May 2018}}</ref> [[Airbus]] purchased a 50.01% majority stake in the CSeries program in October 2017, with the deal closing in July 2018; the aircraft family was subsequently renamed the [[Airbus A220]].

airBaltic temporarily suspended operations on 17 March 2020 due to the [[COVID-19 pandemic|coronavirus pandemic]],<ref name="ERRflightsuspend">{{cite news |title=airBaltic temporarily suspends all flights from March 17 |url=https://news.err.ee/1064186/airbaltic-temporarily-suspends-all-flights-from-march-17 |access-date=16 March 2020 |work=[[Eesti Rahvusringhääling]] |agency=[[Baltic News Service]] |date=16 March 2020}}</ref> and flights only restarted on a limited basis from 18 May 2020.<ref name="Restart">{{cite web|url=https://www.airbaltic.com/en/airbaltic-restarts-flights-from-riga-to-tallinn-and-vilnius|title=airBaltic restarts flights from Riga to Tallinn and Vilnius|date=14 May 2020|publisher=airBaltic|access-date=12 July 2020}}</ref>

On 14 December 2021, airBaltic announced that its first secondary hub outside of the Baltic countries will be founded in [[Tampere–Pirkkala Airport]] in May 2022.<ref>{{cite web|url=https://www.airbaltic.com/en/airbaltic-opens-a-new-base-in-tampere|title=airBaltic opens a new base in Tampere|date=14 Dec 2021|publisher=airBaltic|access-date=14 December 2021}}</ref> In June 2023, airBaltic announced that it would establish a new seasonal base at [[Gran Canaria Airport]], with two aircraft to be stationed there for the forthcoming winter season.<ref>{{cite news |last1=Harper |first1=Lewis |title=airBaltic to open winter base in Gran Canaria |url=https://www.flightglobal.com/airlines/air-baltic-to-open-winter-base-in-gran-canaria/153693.article |work=Flight Global |date=14 June 2023 |language=en}}</ref>

airBaltic began [[wet leasing]] its aircraft to other carriers in 2022, predominantly to [[Swiss International Air Lines|Swiss]].{{citation needed|date=June 2024}} In 2023, it was approved for "long-term and unlimited wet leasing within the [[Lufthansa Group]]."<ref name="Results2023">{{Cite web |date=5 March 2024 |title="airBaltic Sustainability and Annual Report 2023 ENG" |url=https://www.airbaltic.com/sustainability/report/2023/Sustainability-and-Annual-Report-2023.pdf |access-date=7 March 2024 |publisher=airBaltic}}</ref> As of December 2023, airBaltic currently operates certain flights for Swiss.<ref>{{Cite web |title=Swiss International Air Lines |url=https://swiss.com |website=}}{{full citation needed|date=January 2024}}</ref>

After the pandemic, airBaltic unveiled a range of upgrades focused on enhancing the experience for its clients. In 2022, airBaltic debuted the Planies [[NFT]] collection, offering perks towards the airBaltic Club loyalty program.<ref>[https://planiesnft.com/ airBaltic Club loyalty programme]</ref><ref>{{cite web | title=an innovative loyalty experience | website=airBaltic | url=https://www.airbaltic.com/en/planies-nft | access-date=7 March 2024}}</ref> Then, in 2023, airBaltic forged a partnership with [[Starlink]] to offer unrestricted complimentary in-flight [[Wi-Fi]] in their routes, marking a pioneering move in Europe's aviation industry.<ref>{{Cite web |date=2023-01-10 |title=airBaltic To Introduce Free In-Flight Wi-Fi Across Entire Fleet |url=https://travelspill.com/news/airbaltic-free-in-flight-wi-fi-spacex-starlink-681/ |access-date=2023-02-06 |website=Travel Spill |language=en-US}}</ref><ref>{{cite news |title=airBaltic to equip entire fleet with SpaceX's Starlink |url=https://www.zawya.com/en/business/aviation/airbaltic-to-equip-entire-fleet-with-spacexs-starlink-czcwy7gy |access-date=15 January 2023 |work=Zawya |date=12 January 2023}}</ref> Installation of the service commenced in 2023 and will be finalised by 2025.<ref name="Results2023" />

In November 2023, airBaltic announced that [[Delta Air Lines]] would begin codesharing 20 routes to their bases.<ref>{{Cite web |last=Hemmerdinger2023-07-27T17:24:00+01:00 |first=Jon |title=US government approves Delta-airBaltic codeshare deal |url=https://www.flightglobal.com/networks/us-government-approves-delta-air-baltic-codeshare-deal/154327.article |access-date=2023-12-20 |website=Flight Global |language=en}}</ref>

In January 2025, airBaltic announced that it was facing disruptions due to Pratt & Whitney engine maintenance delays on its A220 fleet. The airline suspended 19 routes, reduced frequencies on 21 others and cancelled 4,670 flights, affecting 67,160 passengers. Despite these challenges and capacity constraints due to the wet-leasing of almost half of its fleet to the Lufthansa Group, airBaltic still maintains over 70 destinations.<ref>{{Cite web |title=Newsroom - Company {{!}} airBaltic |url=https://company.airbaltic.com/en/newsroom?press=2025/airbaltic-forced-to-cancel-flights-due-to-engine-maintenance-delays |access-date=2025-01-02 |website=Company Page |language=en}}</ref>

On 29 January 2025, The Ministry of Transport of Latvia, airBaltic, and [[Lufthansa Group]] announced the signing of an agreement for Lufthansa Group to invest EUR 14 million in airBaltic for a minority stake, and Supervisory Board seat. In return for its investment, Lufthansa Group will receive a convertible share granting a 10% stake, which will be issued at a subscription price of EUR 14 million and converted into ordinary shares upon a potential [[Initial public offering|IPO]] of airBaltic.<ref>{{Cite web |title=Newsroom - Company {{!}} airBaltic |url=https://company.airbaltic.com/en/newsroom?press=2025/lufthansa-group-acquires-minority-stake-in-airbaltic |access-date=2025-02-05 |website=Company Page |language=en}}</ref>

On 7 April 2025, Martin Gauss was ousted as CEO due to a lack of trust from the Latvian government. Taking over as interim CEO is former COO Pauls Cālītis,<ref>{{cite news |last1=Hepher |first1=Tim |last2=Plucinska |first2=Joanna |title=Outgoing AirBaltic CEO hits out at 'nasty' handling of his ouster |url=https://www.reuters.com/business/aerospace-defense/airbaltic-ceo-martin-gauss-steps-down-2025-04-07/ |work=Reuters |date=7 April 2025}}</ref> who started his career at Air Baltic 30 years ago, also as a pilot.<ref>{{cite tweet |user=airBaltic |number=1909236167834300750 |title=As of today, April 7, 2025, Pauls Cālītis, current Management Board Member and Chief Operations Officer, assumes the duties of Interim Chief Executive Officer}}</ref>{{better source needed|date=April 2025}}