newstodate.aero
Feb 24, 2017 (newstodate): Latvia's airBaltic and the Gulf carrier Etihad have decided to revive their cooperation over joint flights on the route between Riga and Abu Dhabi.
Starting from October 29, 2017, flights will resume on the route served by airBaltic using the CS300 aircraft on four weekly rotations between the two destinations om a code-share agreement.
A similar code-share cooperation between the two carriers was launched on December 16, 2013, as airBaltic started flights four times weekly on the route between Riga and Abu Dhabi using a leased Airbus A319 aircraft.
This operation proved unprofitable for airBaltic, and only the introduction of new longer-haul capacity in the form of the Bombardier CS300 has made a resumption of services feasible.
Etihad has long been rumored to emerge as a potential investor in airBaltic that is seeking a strategic partner to boost its business and shoulder the investments in new CS300 aircraft.
airBaltic has also said that the eventual choice of a strategic partner is expected before the end of this year.
Starting from October 29, 2017, flights will resume on the route served by airBaltic using the CS300 aircraft on four weekly rotations between the two destinations om a code-share agreement.
A similar code-share cooperation between the two carriers was launched on December 16, 2013, as airBaltic started flights four times weekly on the route between Riga and Abu Dhabi using a leased Airbus A319 aircraft.
This operation proved unprofitable for airBaltic, and only the introduction of new longer-haul capacity in the form of the Bombardier CS300 has made a resumption of services feasible.
Etihad has long been rumored to emerge as a potential investor in airBaltic that is seeking a strategic partner to boost its business and shoulder the investments in new CS300 aircraft.
airBaltic has also said that the eventual choice of a strategic partner is expected before the end of this year.