newstodate.aero
Sep 15, 2023 (newstodate): contrary to earlier signals, airBaltic will not consider turning away from its current single aircraft-type strategy.
In 2024, airBaltic will have completed its initial order for 50 Airbus A220-300 aircraft, while holding options for a further 30 as well purchase rights for another 20 aircraft.
Speculations have been that some of these options or purchase rights might potentially be converted into orders for the medium-size long-haul Airbus A321XLR aircraft.
This is, however, not the case, airBaltic CEO Martin Gauss told newstodate on the sidelines of this week's RAF2023 in Riga.
-We are preparing for opening an IPO in 2024, and this requires a firm and verified business strategy already serving as the basis for our operations and financial planning.
-This strategy builds on operating a single-type fleet, so exercising our existing options and purchase rights will concern a sustained growth of our Airbus A220-300 fleet only, provided the parties agree on procurement prices and delivery schedules, says Mr Gauss.
-What comes after a successful change of ownership structure may open a new chapter and lead to a change of strategy - but this is not a topic today.
In 2024, airBaltic will have completed its initial order for 50 Airbus A220-300 aircraft, while holding options for a further 30 as well purchase rights for another 20 aircraft.
Speculations have been that some of these options or purchase rights might potentially be converted into orders for the medium-size long-haul Airbus A321XLR aircraft.
This is, however, not the case, airBaltic CEO Martin Gauss told newstodate on the sidelines of this week's RAF2023 in Riga.
-We are preparing for opening an IPO in 2024, and this requires a firm and verified business strategy already serving as the basis for our operations and financial planning.
-This strategy builds on operating a single-type fleet, so exercising our existing options and purchase rights will concern a sustained growth of our Airbus A220-300 fleet only, provided the parties agree on procurement prices and delivery schedules, says Mr Gauss.
-What comes after a successful change of ownership structure may open a new chapter and lead to a change of strategy - but this is not a topic today.