GET
THERE
BY
AIRBALTIC
Latvian airline A/S Air Baltic Corporation (airBaltic)
was founded in 1995. Its primary shareholder is the
Latvian state, which holds 80.05% of the stock, while
Lars Thuesen holds around 20% 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 between East and West.
The top priorities of airBaltic are – safety,
punctuality and service.