About airBaltic
airBaltic is a Transportation, Automotive & Logistics company based in Riga (Latvia) founded in 1995. It operates as an european flights are operated from the Baltic region by airBaltic. It operates on a Pay-per-Use / Usage-Based model. airBaltic has raised $442.06 million across 6 funding rounds from investors including European Union, Lufthansa Group and IFU. Its chief executive is Martin Gauss. Its website airbaltic.com draws about 1.9 million monthly visits. The company has since been acquired. airBaltic offers products and services including Passenger Flights. Its focus areas include Transportation, Aviation and Commercial Airlines. Its legal entity is AS Air Baltic Corporation.
Company details
airBaltic is operated as a prominent regional airline based in Riga, Latvia. Services are provided across various European destinations and beyond, focusing on passenger transportation. The company is engaged in offering scheduled flights, connecting major cities with efficient travel solutions. Operations are centered in the aviation sector, ensuring connectivity for business and leisure travelers.
- Headquarters Riga, Latvia
- Stage Acquired
- SectorsTransportation, Automotive & Logistics
- Website category Travel and Tourism · Air Travel
- Phone•••• ••••
- Website airbaltic.com
- Social LinkedIn X Facebook
- Legal Name As Air Baltic Corporation
- Total Equity Funding$442.06M (USD)
in 6 rounds
- Latest Funding Round$14.58M (USD), Series E
Jan 2025
- InvestorsEuropean Union
& 2 more
Products & Services of airBaltic
airBaltic offers a comprehensive portfolio of products and services, including Passenger Flights.
Passenger flights are operated across Europe and beyond.
Apps and channels of airBaltic
airBaltic publishes 1 mobile app with over 500K+ downloads.
Funding Insights of airBaltic
airBaltic has successfully raised a total of $442.06M across 6 strategic funding rounds. The most recent funding activity was a Series E round of $14.58 million completed in January 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $442.06M
- Total Rounds 6
- Last Round Series E — $14.58M
- First Round $3.33M
(Jun 1995)
- Investors Count 3
All 6 funding rounds of airBaltic with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2025 | $14.58M | Series E | – | – | |
| Aug 2021 | $105.42M | Grant | – | – | – |
| Jul 2020 | $281.08M | Series E | – | European Union | – |
| Mar 2016 | $146.4M | Series D | – | – | – |
| Jun 1995 | $3.33M | Debt – Conventional | – | – | |
| Jun 1995 | $2.88M | Unspecified | – | IFU | – |
3 investors in total: 3 institutional.
Investors in airBaltic
airBaltic has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union, Lufthansa Group and IFU.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investment firm | 1967 | ifu.dk | Copenhagen, Denmark | |
Operator of passenger airlines | 1953 | lufthansagroup.com | Frankfurt Am Main, Germany | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for airBaltic
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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People of airBaltic
53 people are tracked at airBaltic (17 in leadership, 2 in board & advisors, 34 in team).
| Name | Role | Group |
|---|---|---|
Martin Gauss | Chairman & CEO | Leadership |
Pauls Cālītis | Chief Operations Officer | Leadership |
Zita Baranova | Head Of Sustainability | Leadership |
Agris Kalejs | Head Of Training At Airbaltic Training Cabin Crew Training Organization | Leadership |
Elina Stiuka | Head Of Ecommerce Ux/ui | Leadership |
Kristians Šmits | Deputy VP Crew Planning | Leadership |
Konstantins Krilovs | VP Base Maintenance | Leadership |
Aleksandrs Vorobjovs | Head Of Maintenance Workflow Digitalization | Leadership |
Jan Nyholm | Head Of Sales Finland, Sweden, Norway | Leadership |
Lauris Mikelsons | VP Compliance & Safety At Airbaltic | Leadership |
Romans Romietis | VP Procurement And Administration | Leadership |
Natalija Kuzmina | Vice President Customer Experience | Leadership |
Kaspars Kapenieks | Head Of IT Operations | Leadership |
Maria Radchenko | Area Manager, Head Of Representative Office In Ukraine, Belarus, Airbaltic Corporation AS | Leadership |
Vitolds Jakovlevs | Chief Financial Officer and Board member | Leadership |
Jolanta Rema | VP E-commerce And Commercial Distribution | Leadership |
Toms Andersons | VP Sales | Leadership |
Kaspars Ozoliņš | Supervisory Board Member | Board & advisors |
Lars Thuesen | Supervisory Board Member | Board & advisors |
Palina Danilevich | Sales Consultant | Team |
33 more people are available in the full profile.
Complete people profiles for airBaltic
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of airBaltic
3 dated milestones of airBaltic across 30 years, from founding to its latest funding, stage changes and deals.
- Founded airBaltic is founded.
- Funding First funding round of $3.3M.
- Funding Latest funding round, Series E, of $14.6M.
Web traffic of airBaltic
The website of airBaltic (airbaltic.com) receives about 1.9M visits a month and ranks #27,269 among all websites worldwide, #768 in Air Travel.
- Monthly visits1.9M
▲ 28.2% vs previous month
- Unique visitors610.6K
per month
- Global rank#27,269
among all websites
- Category rank#768
Travel and Tourism · Air Travel
- Bounce rate33%
- Pages per visit5.9
- Average visit3 min 31 sec
- DevicesDesktop 35% · Mobile 65%
Websites whose visitors overlap most with airBaltic. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| ryanair.com | 100% | 53.9M | #811 | View details | |
| wizzair.com | 86% | 18.8M | #2,652 | View details | |
| finnair.com | 84% | 4M | #14,859 | View details | |
| easyjet.com | 75% | 28.4M | #1,925 | View details | |
| lot.com | 73% | 3.3M | #17,979 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for airBaltic
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Passenger Airlines
10 companies that operate in the same segment as airBaltic (Passenger Airlines), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Passenger airline services are provided across domestic routes in India. | 2021 | Mumbai, Maharashtra, India | USD 187.89 M | USD 93.53 M | 3,268 | |
Online flight bookings are facilitated for low-cost travel in Brazil. | 2008 | Barueri, Sao Paulo, Brazil | USD 550 M | USD 3.16 B | 15,370 | |
Provider of logistics company offering package tracking, rates, and tools to support shippers and small businesses | 1965 | Memphis, Tennessee, United States | – | USD 94.72 B | 300,000 | |
Airline services are provided by Delta to global destinations. | 1928 | Atlanta, Georgia, United States | – | USD 63.36 B | 103,000 | |
Low-cost flights are operated across Europe by Ryanair. | 1985 | Dublin, Ireland | – | USD 17.87 B | 25,950 | |
Passenger airline operations are conducted globally from U.S. hubs. | 1926 | Dallas, Texas, United States | – | USD 54.63 B | 133,300 | |
Passenger airline services are provided domestically by Frontier Airlines. | 1996 | Jacksonville, United States | – | USD 3.72 B | 7,940 | |
Airlines company | 1926 | Chicago, Illinois, United States | – | USD 59.07 B | 107,300 | |
Airline operator in Europe | 1995 | London, England, United Kingdom | – | USD 13.59 B | 17,800 | |
Passenger transportation and logistics services are provided by Air Canada. | 1937 | Toronto, Ontario, Canada | – | USD 16.34 B | 39,700 |
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Related news about Airbaltic
Complete news archive for airBaltic
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Frequently Asked Questions about airBaltic
airBaltic was founded in 1995.
airBaltic is headquartered in Riga, Latvia.
Martin Gauss is the current CEO of airBaltic.
airBaltic is a funded company, having raised a total of $442.06M across 6 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $3.33M, raised on Jun 1995.
airBaltic is operated as a prominent regional airline based in Riga, Latvia. Services are provided across various European destinations and beyond, focusing on passenger transportation. The company is engaged in offering scheduled flights, connecting major cities with efficient travel solutions. Operations are centered in the aviation sector, ensuring connectivity for business and leisure travelers.
airBaltic offers Passenger Flights.
airBaltic has 3 investors. Key investors include European Union, Lufthansa Group, and IFU.
airBaltic operates through As Air Baltic Corporation.
Yes. airBaltic publishes airBaltic, with over 500,000 downloads.
The website of airBaltic receives about 1.9 million visits a month and ranks #27,269 among all websites worldwide.