AirBaltic and Airbus Revise A220-300 Delivery Schedule, Order of 50 Jets to be completed in 2024
AirBaltic announced on Thursday that they have revised their delivery schedule for 50 Airbus 220-300s, which will now be completed by early 2024. The carrier has 28 remaining jets on order and expects to receive three additional aircraft by the end of 2020.
Today (August 20, 2020), Latvian carrier airBaltic announced that they have revised their delivery schedule for a total of 50 Airbus A220-300s, which will now be completed in 2024. The airline’s remaining 28 jets will be delivered by early 2024, with the carrier receiving three additional A220-300s by the end of 2020. Additionally, airBaltic holds an option for up to 30 more of the type. The A220-300 has performed beyond the airline’s expectations in the delivery of better overall performance, fuel efficiency and convenience. The aircraft offers wider seats, larger windows, more overhead bin space and a substantially reduced noise footprint. The A220-300 is one of the greenest commercial aircraft in the world offering a 20 percent reduction in CO2 and 50 percent reduction in NOx. In Thursday’s announcement, airBaltic’s CEO, Martin Gauss said,
“The recent crisis enabled us to push forward our decision to introduce an Airbus A220-300 single fleet type. It allows us to minimize complexity and benefit from the additional efficiency provided by the aircraft. We will continue our growth and add more capacity provided by additional jets in the future as outlined by the Destination 2025 CLEAN business plan.”
Established in 1995, airBaltic is a joint stock company with most of the equity (96.14%) held by the Latvian state and the remaining shares held by Lars Thuesen through his holding company Aircraft Leasing 1 SIA. One of the most punctual carriers in the world, the airline connects the Baltic region to over 55 destinations in Europe, the Middle East, and the CIS with a fleet of 22 Airbus A220-300s. The carrier received the CAPA Regional Airline of the Year in 2017 and in 2018/2019 received the ATW Airline Industry Achievement Award for ‘Market Leader of the Year.’ airBaltic also received the ‘Sector Leadership Award’ by Airline Business in 2019.