AirBaltic in talks to buy 30 more Airbus A220
Latvian airline airBaltic is in talks with Airbus (AIR.PA) to buy 30 more A220 passenger jets by exercising existing contractual options, its chief executive told Reuters. The largest Baltic airline, which has already ordered 50 of the Canadian-developed planes, also plans to add 20 new options, CEO Martin Gauss said. The move comes as the airline prepares for an initial public offering (IPO) in late 2024, for which the tentative business plan envisages up to 100 aircraft by 2030. AirBaltic is the second-largest European customer for the larger of two models of A220, the roughly 130-seat A220-300. It would focus on the same version for the new order. AirBaltic would also be interested in an option to convert some of these orders to an even larger version known as the A220-500 if Airbus went ahead with its development, Gauss said.<br/>
https://portal.staralliance.com/cms/news/hot-topics/2023-06-05/unaligned/airbaltic-in-talks-to-buy-30-more-airbus-a220
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AirBaltic in talks to buy 30 more Airbus A220
Latvian airline airBaltic is in talks with Airbus (AIR.PA) to buy 30 more A220 passenger jets by exercising existing contractual options, its chief executive told Reuters. The largest Baltic airline, which has already ordered 50 of the Canadian-developed planes, also plans to add 20 new options, CEO Martin Gauss said. The move comes as the airline prepares for an initial public offering (IPO) in late 2024, for which the tentative business plan envisages up to 100 aircraft by 2030. AirBaltic is the second-largest European customer for the larger of two models of A220, the roughly 130-seat A220-300. It would focus on the same version for the new order. AirBaltic would also be interested in an option to convert some of these orders to an even larger version known as the A220-500 if Airbus went ahead with its development, Gauss said.<br/>
