Air Baltic to slash hundreds of jobs under restructuring

Air Baltic is implementing significant workforce reductions following its Chapter 11 bankruptcy filing, aiming to adapt to a new business strategy. The airline intends to decrease its overall personnel by up to 23% across the Baltics. This restructuring will impact approximately 500 to 700 employees based in Riga, Vilnius, and Tallinn. These cuts are part of a broader plan to streamline operations and reduce costs within the carrier. Air Baltic’s leadership believes these changes are necessary for long-term financial stability and operational efficiency.