airBaltic Concludes ACMI-in Operations for the Winter Season

The Latvian airline airBaltic announces that, starting from October 27, 2024, it will conclude its ACMI-in (Aircraft, Crew, Maintenance, and Insurance) operations for the upcoming winter season*. The ACMI-in was a short-term wet-lease solution, introduced to meet the increased demand during the busy summer months and to address supply chain issues related to aircraft engine maintenance. This practice involves leasing of aircraft from other airlines to fulfill airBaltic's routes when additional capacity is required.

Passengers can expect a consistent experience across all flights as airBaltic transitions back to exclusively operating its own Airbus A220-300 fleet for the winter season.

Martin Gauss, CEO and President of airBaltic: "Our adaptability this past summer allowed us to maintain all planned operations despite external challenges. Our first priority is always to deliver the best customer experience through focusing solely on our Airbus A220 300 fleet, while we have sufficient aircraft availability, and we're committed to expanding and strengthening our fleet to support the growing demand for air travel from our passengers. I want to thank our passengers for their patience and understanding, as these temporary operations were part of our efforts to ensure reliable connectivity."

Looking forward, airBaltic will soon welcome its 49th Airbus A220-300 aircraft, further expanding its fleet. The company's long-term growth strategy aims to increase the fleet size to up to 100 aircraft by 2030, reinforcing its position as a leading carrier in the region.

For more information on the rationale behind ACMI-in operations, please visit our dedicated page on airBaltic's growth story: https://investors.airbaltic.com/en/ipo

airBaltic operates more than 130 routes from Riga, Tallinn, Vilnius, Tampere and, seasonally, Gran Canaria, offering connections to a wide range of destinations in the airline's route network in Europe, the Middle East, North Africa, and the Caucasus region. A complete schedule of airBaltic flights and tickets are available on the company's homepage at www.airbaltic.com