Air Baltic 737-500. By Rob Finlayson Air Baltic (BT) is implementing a new restructuring plan, ReShape, to return the struggling airline to profitability and sustain future development at its North Hub Riga. The program, which aims to reduce costs by 16%, includes fleet modernization, cost optimization, operational efficiency, revenue enhancement and network improvements. BT CEO Martin Gauss told ATW in Berlin that the airline has achieved “unprecedented growth” in the ...

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