airBaltic Signs Long-Term Wet Lease Agreement with Lufthansa Group for Up to Six A220-300s

airBaltic has signed a new longer-term wet lease agreement with Lufthansa Group, extending the existing cooperation between the two airlines as part of the Latvian carrier’s revised fleet and capacity strategy.

Under the agreement, airBaltic will provide up to six Airbus A220-300 aircraft with crew during the summer season and four during the winter season, allowing the airline to adjust capacity allocation according to seasonal demand.

The arrangement forms part of airBaltic’s new business plan, which envisages a fleet of 36 aircraft in 2027, with wet lease operations complementing its own scheduled passenger network.

In addition to Lufthansa Group, airBaltic will continue its wet lease partnership with Air Serbia, allocating four A220-300 aircraft during the summer season and two during the winter season.

Together, the two agreements provide for up to 10 aircraft operating under wet lease arrangements during the summer and six during the winter, subject to the respective seasonal allocations.

The airline said the extended Lufthansa Group agreement reflects continued demand for its A220-300 ACMI services, which include aircraft, crew, maintenance and insurance.

Financial terms and the duration of the new Lufthansa Group agreement were not disclosed.