Who owns airBaltic?
airBaltic is owned by Air Baltic Corporation AS (Latvia).[1]
This ownership is reported in official statements but has not yet been matched to a regulatory filing.
Evidence: Air Baltic Corporation AS Annual Report for the year ended 31 December 2025, 11 March 2026. Last checked .
Key facts
- Current owner
- Air Baltic Corporation AS reported
- Owner HQ
- 🇱🇻 Latvia
- Origin
- 🇱🇻 Latvia
- Category
- Travel & transport › Airlines
- Last verified
- · 1 sources
About airBaltic
airBaltic is the Latvian airline of Air Baltic Corporation AS, providing passenger and cargo aviation transportation from Riga International Airport. Its 2025 annual report records record seat capacity of 11.28 million seats and revenue of EUR 779 million, and the airline also sells capacity to other carriers on an ACMI basis. The state of Latvia is its majority shareholder, and Lufthansa Group holds 10%.
Ownership timeline of airBaltic
Where airBaltic sits in airBaltic
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Open the full airBaltic ownership tree →
Other brands in airlines, and who owns them
The 509 brands in airlines on Brandtree belong to 341 owners. The largest is Lufthansa Group, with 10.
| Brand | Owner | Owner based in |
|---|---|---|
| Air Dolomiti | Lufthansa Group | 🇩🇪 Germany |
| China Southern Airlines | China Southern Airlines | 🇨🇳 China |
| Air China | Air China | 🇨🇳 China |
| Aer Lingus | IAG | 🇬🇧 United Kingdom |
| LATAM Airlines Brasil | LATAM | 🇨🇱 Chile |
| Air France | Air France-KLM | 🇫🇷 France |
| AirAsia | AirAsia X | 🇲🇾 Malaysia |
| Calm Air | Exchange Income | 🇨🇦 Canada |
About the owner: airBaltic
airBaltic is a state-owned company headquartered in Latvia, founded in 1995. Brandtree records 1 brand under its control.
Latvian joint-stock company registered in Riga on 8 February 1995, with its registered office at Riga International Airport. Its 2025 annual report lists the Republic of Latvia as holding 88.37% of the shares, Deutsche Lufthansa AG 10% (a strategic investment completed in August 2025) and Aircraft Leasing 1 SIA 1.62%. Its subsidiaries are a training company, a cargo-handling company and a crew-outsourcing company that was being liquidated, none of which is an airline brand.
🇱🇻 airBaltic and other Latvian brands
Brandtree records a controlling owner for 17 brands that began in Latvia. 8 of them (47%) are now controlled by a company headquartered in another country; airBaltic is not one of them.
- Cido — Royal Unibrew 🇩🇰
- Cosmopolitan Diva — Amber Beverage Group 🇱🇺
- Cēsu Alus — Olvi 🇫🇮
- Dzintars — Rīgas Piena Kombināts 🇱🇻
- Jelgavas Cukurs — Nordzucker 🇩🇪
- Rimi — Salling Group 🇩🇰
Frequently asked questions
Who is the parent company of airBaltic?
The parent company of airBaltic is Air Baltic Corporation AS, a state-owned company headquartered in Latvia.
Is airBaltic Latvian?
Yes. airBaltic originated in Latvia and its owner, Air Baltic Corporation AS, is also headquartered in Latvia.
Is airBaltic still owned by Air Baltic Corporation AS?
Yes. As of 4 October 2026, airBaltic is still owned by Air Baltic Corporation AS. The ownership record was last checked against primary sources on that date.
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] Air Baltic Corporation AS Annual Report for the year ended 31 December 2025 — Air Baltic Corporation AS, Annual report, published 11 March 2026; retrieved 4 October 2026.
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