AirBaltic Moves to Cut Around 300 Employees

AirBaltic is undertaking significant restructuring efforts due to its bankruptcy situation, aiming to reduce its workforce substantially. Approximately 100 pilot positions are at risk of being eliminated alongside a planned dismissal of 200 cabin crew members. This reduction in personnel reflects the airline’s attempts to streamline operations and manage costs during this challenging period. The company intends to implement these changes as part of a broader strategy for financial recovery. AirBaltic's leadership believes that reducing operational expenses will be crucial to navigating the complexities of its bankruptcy proceedings.