airBaltic Appoints Seabury as Strategic Advisor
The Latvian airline airBaltic announces that it has appointed Seabury Securities LLC and Seabury Securities (UK) Ltd. (collectively “Seabury”) as its strategic and financial advisor. Seabury will support the execution of the company’s strategic priorities outlined during airBaltic’s investors’ call on March 11, 2026, as part of its previously communicated strategy.
The role of the advisor includes supporting airBaltic in navigating current market conditions, further developing its financial performance, and advancing its long-term development objectives. The cooperation will focus on three key areas – re-evaluating and recalibrating operations, improving financial performance, and strengthening the company’s capital structure.
Seabury will be engaged across all these initiatives, with an initial focus on evaluating the company’s long-term business strategy and supporting a structured capital raise process.
Seabury is a globally recognized aviation advisory firm with extensive experience supporting airlines on strategy, network development, and financial planning.
About airBaltic:
airBaltic (Air Baltic Corporation AS) is the leading airline in the Baltics and one of Europe’s fastest-growing carriers. As a hybrid airline, it leverages the upsides of both traditional network and low-cost carriers. Founded in 1995, today airBaltic operates one of Europe’s youngest fleets, consisting of 55 Airbus A220-300 aircraft, and employs more than 3 000 people. In 2025, airBaltic became the first European airline to offer free high-speed SpaceX Starlink internet on its flights.
The company is majority-owned by the Latvian state, holding 88.37% of the voting rights, while Deutsche Lufthansa AG holds 10%, and the remaining 1.63% are held by other private shareholders.
airBaltic’s commitment to excellence is recognized by numerous prestigious awards, including being named the Best Airline in its region by Skytrax for three consecutive years. In 2025, airBaltic made its debut in the global rankings compiled by Airline Ratings, which recognized it among the world’s 50 safest and overall best airlines, as well as one of the leading global airlines in sustainability and among the most preferred airlines in Europe and the UK. The same year, APEX awarded the company the Five Star Major Airline Award for its commitment to providing a high-quality travel experience and before that – the Passenger Choice Award for Best Cabin Service in Europe. In 2024, the airline was awarded the PROS AI Innovator Award for leveraging AI to drive transformative outcomes and optimize operations.
