airBaltic Wet Leases One Ukraine International Airlines Aircraft

Riga – 30.04.2020 – Latvian airline airBaltic announces that it has agreed to wet lease one Ukraine International Airlines Boeing 737-900ER aircraft. Aircraft and its crew will perform flights within airBaltic network short term starting from May 1, 2022.

Martin Gauss, airBaltic Chief Executive Officer: “Ukraine International Airlines has been a reliable long-term partner of airBaltic. It is now a very challenging time for the Ukrainian people and their national airline. By temporarily wet leasing their aircraft, we are also providing short term work to the employees of Ukraine International Airlines.”

Sergey Fomenko VP Commerce Ukraine International Airlines: “We would like to thank our very good partner and friend airBaltic for selecting Ukraine International Airlines as a capacity provider on an ACMI basis for its network. Especially now, when UIA temporarily cannot operate flights to and from Ukraine such an act of international aviation cooperation is very symbolic and important. UIA as IOSA certified carrier is ready to deliver high-quality service on routes of airBaltic.”

airBaltic has chosen to wet lease additional aircraft short term due to impact caused by the global supply chain issues. Such a decision enables the company to ensure its planned flight schedule.

airBaltic continues to offer the best connectivity to and from Riga, Tallinn, Vilnius and Tampere, connecting them with leading European business centers and transit hubs. In addition, airBaltic offers a wide variety of leisure destinations from Riga, Latvia. A complete schedule of airBaltic flights and tickets are available on the company’s homepage at www.airbaltic.com.

airBaltic in brief:

airBaltic (Air Baltic Corporation AS) connects the Baltic region with over 70 destinations in Europe, the Middle East, and the CIS. Over the last 25 years airBaltic has developed as a strong, profitable and internationally respected airline. airBaltic is by far the best known international brand of Latvia and responsible for more than 2.5% of the Latvian GDP. airBaltic operates 34 Airbus A220-300 aircraft. airBaltic has received numerous international awards for excellence and innovative services. Skytrax has awarded Latvian airline airBaltic a five–star COVID-19 safety rating. In addition, airBaltic is one of the Top twenty airlines for COVID-19 compliance by the safety, product, and COVID-19 rating agency Airlineratings.com. In 2018 and 2019 airBaltic received the ATW Airline Industry Achievement Award as the Market Leader of the Year. In addition, in 2019 airBaltic received Sector Leadership Award by Airline Business. airBaltic is a joint stock company that was established in 1995. Its primary shareholder is the Latvian state, which holds 97.03% of the stock, while the rest of the shareholders hold 2.97%.

Aviation industry indirectly provides close to 30 000 jobs in Latvia, while millions of people transfer through Riga, yet many more arrive to Latvia. Each year foreign tourists spend more than EUR 750 million in Latvia. Find out more: https://blog.airbaltic.com/airbaltic-an-asset-for-the-national-economy-of-latvia/.

For further information, please contact:

Alise Bethere

SVP Corporate Communications

A/S Air Baltic Corporation

Email: pr@airbaltic.lv