Latvia's airBaltic Plans to Cut up to 700 Jobs
The airline said the cuts are an initial estimate and will not affect its current flight schedule.
- On October 5, 2026, Latvian airline AirBaltic announced plans to cut 500 to 700 jobs across its bases in Riga, Vilnius, and Tallinn as part of a restructuring aimed at aligning operations with future demand.
- Earlier this month, the airline filed for Chapter 11 protection under the Bankruptcy Code in New York to restructure debt amid a deepening crisis sparked by the Iran war doubling jet fuel prices across the sector.
- AirBaltic currently employs about 3,000 people across the Baltic region and operates a fleet of 50 Airbus A220-300 planes, with Latvia holding majority ownership and Germany's Lufthansa maintaining a 10% stake.
- CEO Erno Hild said the airline is preparing workforce "adjustments," emphasizing that the company will carry out this "important and sensitive process" transparently while maintaining its current flight schedule.
- Management is consulting with trade unions on potential reduced workloads for pilots and cabin crew, with detailed restructuring plans and new organizational structures expected by mid-October.
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The national airline of Latvia, AirBaltic, plans large-scale staff cuts that may affect up to 700 employees in the three Baltic countries, writes the Delfi portal with reference to the company ' s message. AirBaltic, the national Latvian airline, plans large-scale staff reductions at its bases in the Baltic region, transfers TASS. As part of the implementation of the new business plan, the company intends to dismiss between 500 and 700 empl…
Air Baltic Restructuring Plan Puts 700 Jobs at Risk Across Hubs
Air Baltic Corp AS expects its restructuring plan to affect between 500 and 700 jobs across the carrier’s three biggest bases as the Latvian airline streamlines the business while undergoing Chapter 11 bankruptcy protection.
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Latvian airline Air Baltic has announced that 500-700 people may be laid off as part of its business plan update, but more details will be announced in October. Air Baltic has also informed the Estonian Unemployment Insurance Fund of its intentions.
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