16 September, 2024

Lufthansa Group extends wet lease partnership with airBaltic

The Lufthansa Group is extending its collaboration within the framework of a wet lease partnership with its long-standing and proven partner airBaltic (BT) for a further three years beyond the summer of 2025.

This partnership enables to flexibly deploy up to 21 additional aircraft of the fuel-efficient Airbus A220-300 in summer and five aircraft of this type in winter at various hubs.

Due to changing customer needs, the Lufthansa Group airlines are aligning their route networks to seasonal peaks in demand, particularly in the summer timetable. With the additional capacities of airBaltic, destinations in high demand in the route networks can be served even more flexibly in future. At the same time, this will strengthen the quality of connections to Lufthansa Group Airlines’ intercontinental services at the Group’s hubs.

As is usual with a wet lease, the aircraft and crews will be provided by airBaltic. The Latvian national airline with its headquarters and hub in Riga has proven itself to be a very reliable wet-lease operator. The Lufthansa Group, says, that since it started working with airBaltic in 2019, the airline has proven itself to be a reliable and valuable partner.

Martin Gauss, President and CEO of airBaltic said: "Throughout the recent years, airBaltic has earned a reputation as one of the leading premium wet lease providers in Europe. The wet-lease business has become a crucial element of the airBaltic growth strategy, complementing our scheduled operations from our existing bases. The efficient single-type fleet of modern Airbus A220-300s and our high-quality onboard service have been key to this success."

Gauss added: "This partnership is an endorsement of our wet lease capabilities and reliability from a well-respected international brand like Lufthansa Group. We are looking forward to a successful collaboration over the coming years." 
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