airBaltic completes successful turnaround; seeks future investor

At the recent CAPA Airline Leader Summit in Dublin, Republic of Ireland, Martin Gauss, chief executive officer and chairman of the board, airBaltic provided an update on the outcome of the airline’s restructuring programme and its return to profit. He explained the Latvian national carrier’s hybrid low cost strategy, combining ultra low cost with a business class cabin and outlined the search for a strategic investor.