airBaltic signs Lufthansa wet-lease deal to scale back A220 fleet

airBaltic has finalized a wet-lease agreement with the Lufthansa Group, aiming to strategically decrease its Airbus A220-300 aircraft utilization. This new arrangement will see Lufthansa operate airBaltic’s A220 fleet on behalf of the Latvian carrier for specific routes and periods. The move is intended to optimize airBaltic's operational costs and align with evolving market demands. Details regarding the duration and scope of the wet lease remain undisclosed at this time. AeroTime reported that this deal represents an important step in airBaltic’s ongoing efforts to manage its fleet size effectively.