Lufthansa: partnership with airBaltic extended for a further 3 years

(CercleFinance.com) - The Lufthansa Group has announced the extension of its collaboration with its long-standing and proven partner, airBaltic (BT), for a further three years beyond the summer of 2025, within the framework of a 'wet lease' partnership.


airBaltic is Latvia's largest national airline, with its headquarters and hub in Riga.

As a reminder, 'wet lease' is a type of aircraft leasing contract in which the lessor (in this case, airBaltic) provides not only the aircraft, but also the crew (pilots and cabin crew), maintenance and insurance.

This partnership will enable the flexible deployment of up to 21 additional fuel-efficient Airbus A220-300 aircraft in summer, and five such aircraft in winter, to various hubs.

Due to changing customer needs, Lufthansa Group airlines adapt their route networks to seasonal peaks in demand, particularly in the summer calendar.


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