AirBaltic gets Riga and Bigger

Latvian flag carrier and dominant regional airline airBaltic has announced plans to serve more destinations over the forthcoming northern winter and to offer additional flights to improve connections for travellers flying via northern hub Riga to/from more than 70 destinations in Europe, CIS and the Middle East. Between them, Riga Airport and airBaltic threaten to become a major force not only in the small Baltic States but in Scandinavia, Russia and the CIS states, the Middle East and further a-field. AirBaltic already carries over 60% of all passenger traffic at Riga. [747 words]

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This report contains the following subheadings:

• Reverse takeover
• Is it an LCC? (and does it matter?)