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Latvia

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Latvia

IATA Code
LV
Airlines
International Airlines serving this country (excluding codeshares)
Airports

Latvia’s aviation industry is composed of two large civil aviation companies and several small flight and airport operators, as well as airport service companies. The sector is expanding on the basis of an increasing number of airport services and private airports. The national carrier is the majority state-owned airBaltic, based at Riga International Airport, which operates services to destinations throughout Europe and to the CIS.  

Location of Latvia

Source: CAPA - Centre for Aviation and Google Maps


 
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527 total articles

6,131 total articles

Europe's fringe carriers look for partners to overcome financial crisis; Cyprus Airways latest

7-Sep-11 11:57 PM

Airlines on Europe's southern and eastern periphery are becoming more precariously positioned, but are looking for for partners to help overcome the growing financial crisis. Cyprus Airways is the latest such carrier, and reported a widening in first half losses in the six months to 30-Jun-2011, as lower top-line revenue fell and higher fuel costs squeezed the airline in the period. Cyprus Airways is also turning to implementing a raft of measures aimed at stemming operating losses.

Air Malta troubles worsen as unions flex muscle and LCCs grow

8-Jul-11 3:42 PM

Air Malta’s troubles have become more acute as the struggling carrier’s unions increase their opposition to large-scale redundancies. Prime Minister Lawrence Gonzi has stated the present situation is increasingly worrying, particularly in light of the EUR77 million the government has poured into the airline since Jun-2011.

Concerns mount at airBaltic following weak winter

6-Jul-11 3:44 PM

Latvian national carrier airBaltic has found itself in a tough spot after recording a heavy loss in the first five months of 2011, an issue which has culminated in a shareholders conflict over the airline’s strategy and management.

Improvement in Riga Airport’s financials but uncertainty about Ryanair’s presence

23-Jun-11 2:58 PM

Latvia’s Riga International Airport (RIX) reported a profit of EUR705,000 in 1Q2011, compared with a loss of EUR21,150 in the previous corresponding period, in a report submitted to the governing body of the Ministry of Transport. The airport, a home to aggressive airBaltic, handled 939,630 passengers and 15,373 flight movements. But Ryanair, which has a significant presence could still move away.

Wizz Air and Ryanair intensify competition in Lithuanian market

2-May-11 3:35 PM

Wizz Air opened its 14th base in Vilnius, Lithuania, on 16-Apr-2011. Wizz Air’s expansion comes as Ryanair also expands in the Lithuanian market, with six new routes to be launched to/from Vilnius in May-2011. The entry of two of Europe’s largest LCCs has resulted in airBaltic downsizing its presence at Vilnius “due to crowding” in the market. Vilnius remains the second-busiest airport in the Baltic region, behind Riga International Airport.

Russia, Turkey and Sweden the hottest destinations for European travellers this Summer. Egypt down

24-Mar-11 12:01 PM

Russia, Turkey and Sweden are among the fastest growing major destinations for European travellers this summer, latest analysis from CAPA shows. According to Innovata schedule data for Apr-2011 - the first month of the summer scheduling season - Russia and Turkey will enjoy near 20% increases in passenger capacity from other European countries next month.

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