airBaltic announces Ukrainian plane lease plan

Take note – story published 1 year ago

Latvian airline airBaltic announced April 30 that it has agreed to "wet lease" one Ukraine International Airlines Boeing 737-900ER aircraft.

The aircraft and its crew will perform flights within airBaltic network short term starting from May 1, 2022.

Martin Gauss, airBaltic Chief Executive Officer said: “Ukraine International Airlines has been a reliable long-term partner of airBaltic. It is now a very challenging time for the Ukrainian people and their national airline. By temporarily wet leasing their aircraft, we are also providing short term work to the employees of Ukraine International Airlines.”

A "wet lease" is an arrangement covering the hire of an aircraft that includes the crew.

Sergey Fomenko VP Commerce at Ukraine International Airlines said: “We would like to thank our very good partner and friend airBaltic for selecting Ukraine International Airlines as a capacity provider on an ACMI basis for its network. Especially now, when UIA temporarily cannot operate flights to and from Ukraine such an act of international aviation cooperation is very symbolic and important. UIA as IOSA certified carrier is ready to deliver high-quality service on routes of airBaltic.”

airBaltic said it had chosen to wet lease additional aircraft short term due to global supply chain issues. It said the decision enables the company to ensure its planned flight schedule.

A complete schedule of airBaltic flights and tickets are available on the company's homepage at www.airbaltic.com.

airBaltic operates 34 Airbus A220-300 aircraft and is a joint stock company that was established in 1995. Its primary shareholder is the Latvian state, which holds 97.03% of the stock.

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