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Air Baltic Corporation AS

Stock Company

Reg. no.
40003245752
Registered
1995-02-08
VAT number
LV40003245752
Latest report 2025 · EURExplore financials
Net turnover
€775m
4.5%
vs 2024 · €742m
Net profit
€-43m
63.7%
vs 2024 · €-119m
Equity
€-183m
10.3%
vs 2024 · €-166m
Employees
2 772
6.9%
vs 2024 · 2 593
View in the official Latvian register
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Registry data synchronized 2026-09-06Sources & update dates

Company profile

Company details

Legal name
Air Baltic Corporation AS
Legal registration status
Registered
Legal form
Stock Company
Register
Commercial Register
NACE 2.1
51.10 · Passenger air transport↗
Share capital
€41,819,525.20
Taxpayer rating
A - Good compliance↗

Map

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Tax & compliance

Some checks unavailable

Unavailable sources are not treated as clear results.

Compliance checks

  • VAT registered ↗Yes
  • Insolvency proceedingsClear
  • Activity suspensionClear
  • Missing tax declarationsUnavailable
  • Registry sanctionsClear
  • Securing measuresClear
  • LiquidationClear
  • Tax debtUnavailable

These sanctions checks cover the company and related-person flags supplied by the Register of Enterprises. They are not comprehensive international sanctions or PEP screening.

Published VID values may be inaccurate and are informational. They are not an authoritative clearance certificate. Verify the amounts with VID before making a decision. Check official VID public data ↗

Relationships

Current relationships

Explore this company’s network

People, roles and linked companies, connected in one place.

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Taxes paid

Company tax payments reported by VID, with the reporting period shown beside each amount.

Taxes paid — latest available periods

Latest annual record

2025

€67,936,530

32.5%

Total VID-administered taxes

Employees: 2,589

Compared with 2024: €51,261,620 · Change: €16,674,910

Source status:Current

FTM last synchronized this dataset: 2026-09-17

Open official dataset

Latest quarterly record

2026 · Q2

€22,280,510

138.4%

Total VID-administered taxes

Employees: 2,807

Compared with 2025 · Q2: €9,346,980 · Change: €12,933,530

Source status:Current

FTM last synchronized this dataset: 2026-09-23

Open official dataset

Synchronization dates show when FTM received the data. They do not change the reporting year or quarter.

Missing annual totals are calculated only when all four quarters of a completed year are available. Tax amounts are summed. The employee count is the average of the four quarterly counts, rounded down to a whole person. Existing VID annual records retain their original values and source.

View detailed tax tables

Insolvency proceedings

Proceedings reported by the available insolvency sources.

Insolvency history

No insolvency records found

No matching records for this company were found in the latest available Company Register insolvency dataset.

Source: insolvency dataset of the Register of Enterprises of the Republic of Latvia.

Tax information and VID checks

Taxpayer rating

A

Good compliance: no significant tax-compliance risks.

VID published explanation
Laba saistību izpilde
Rating effective date
2026-08-12
What all rating classes mean
A
Good compliance: no significant tax-compliance risks.
B
Compliance needs improvement in one or more areas, such as declarations, tax calculation or payment, remuneration indicators, or registration risks.
C
Compliance violations: the company has been removed from the VAT register for violations or VID has suspended its economic activity.
N
Inactive taxpayer: VID data indicates no active economic activity or only minimal declared activity.
J
Newly registered taxpayer: established within the last six months and without enough operating history for a fuller assessment.

The taxpayer rating is VID’s informative assessment of tax-compliance performance. It is not an assessment of the company’s commercial activity or overall creditworthiness.

Read the official VID rating methodology

VID status overview

  • VID activity suspension

    No active suspension

  • Public-benefit status

    No record found

“No record found” means the source is available but contains no matching company record; it is not the same as an unavailable source.

VAT payer status and history

Active

FTM last synchronized this dataset: 2026-09-25

Open official dataset
  • LV40003245752Active
    Registered from
    1996-10-21
    Deregistered on
    —
    Additional flags
    No additional flags reported
  • LV40003245752Inactive
    Registered from
    1995-12-01
    Deregistered on
    1996-10-20
    Additional flags
    No additional flags reported

Taxes paid in prior fiscal years

Latest available reporting year: 2025

FTM last synchronized this dataset: 2026-09-17

Synchronization dates show when FTM received the data. They do not change the reporting year or quarter.

Missing annual totals are calculated only when all four quarters of a completed year are available. Tax amounts are summed. The employee count is the average of the four quarterly counts, rounded down to a whole person. Existing VID annual records retain their original values and source.

Amounts are published by VID in thousands of euros.

Quarterly taxes paid

Latest available reporting quarter: 2026 - Q2

FTM last synchronized this dataset: 2026-09-23

Missing annual totals are calculated only when all four quarters of a completed year are available. Tax amounts are summed. The employee count is the average of the four quarterly counts, rounded down to a whole person. Existing VID annual records retain their original values and source.

Amounts are published by VID in thousands of euros.

  • 2026 - Q222,280.51 thousand EUR
    VAT paid
    27.85
    VAT refunded
    0
    IIN
    7,341.98
    VSAOI
    14,888.94
    Employees
    2,807
  • 2026 - Q19,804.36 thousand EUR
    VAT paid
    32
    VAT refunded
    0.13
    IIN
    5,167.99
    VSAOI
    4,579.7
    Employees
    2,750

Amounts are published by VID in thousands of euros.Q — quarter

Current VID checks

These VID checks run automatically when you open a company profile. Results are cached for up to 12 hours; you can check again below.

Tax debt

Delayed

VID reports no tax debt exceeding €150. This does not establish a zero balance.

Result date: 2026-09-22 · Query date: 2026-09-22

Checked 24 Sept 2026, 13:47

Showing the last successful result from 2026-09-24

Published VID values may be inaccurate and are informational. They are not an authoritative clearance certificate. Verify the amounts with VID before making a decision.

Verify with VID

Missing tax declarations

Latvian State Revenue Service (VID) · Checked 2026-09-24 · Showing the last successful result from 2026-09-24

Delayed
Verify with VID

Structural units

Latvian State Revenue Service (VID) · Provider updated 2026-09-24 · Checked 2026-09-24

29 records
Show records

Current: 14 · Historical: 15

  • www.airbaltic.ltActive

    —

    91437914162· 2024-02-02

  • www.airbaltic.fiActive

    —

    91437913097· 2024-02-01

  • www.airbaltic.lvActive

    —

    91437913129· 2024-02-01

  • www.airbaltic.mobiActive

    —

    91437913114· 2024-02-01

  • www.airbaltic.eeActive

    —

    91437913133· 2024-02-01

  • www.airbaltic.euActive

    —

    91437913148· 2024-02-01

  • www.airbaltic.deActive

    —

    91437913152· 2024-02-01

  • www.airbaltic.seActive

    —

    91437918484· 2024-02-01

  • www.airbaltic.dkActive

    —

    91437913167· 2024-02-01

  • https://mint.planiesnft.com/Active

    —

    91431200228· 2022-10-04

Showing 1–10 of 14

Verify with VID

Officers & ownership

Prokurists

Current: 0 · Historical: 8

  • Historical records

  • Gauss Martin Alexander

    2009-12-29

    Historical

    Representation rights: "Jointly with the ""prokurist"""

    Additional information
    From
    2009-12-29
    Registered
    2009-12-29
    Removed
    2011-05-16
    Country
    Germany
    Representation rights
    "Jointly with the ""prokurist"""
    Last changed
    2012-05-28

  • Gauss Martin Alexander

    2011-05-16

    Historical

    Representation rights: "Jointly with the ""prokurist"""

    Additional information
    From
    2009-12-29
    Registered
    2011-05-16
    Removed
    2012-05-28
    Country
    Germany
    Representation rights
    "Jointly with the ""prokurist"""
    Last changed
    2012-05-28

  • Muižnieks Arnis

    2009-12-29

    Historical

    Representation rights: "Jointly with the ""prokurist"""

    Additional information
    From
    2009-12-29
    Registered
    2009-12-29
    Removed
    2012-05-28
    Country
    Latvia
    Representation rights
    "Jointly with the ""prokurist"""
    Last changed
    2012-05-28

  • Ilze Mālkalne

    2009-12-29

    Historical

    Representation rights: "Jointly with the ""prokurist"""

    Additional information
    From
    2009-12-29
    Registered
    2009-12-29
    Removed
    2012-05-28
    Country
    Latvia
    Representation rights
    "Jointly with the ""prokurist"""
    Last changed
    2012-05-28

  • Antonovičs Mārtiņš

    2009-12-29

    Historical

    Representation rights: "Jointly with the ""prokurist"""

    Additional information
    From
    2009-12-29
    Registered
    2009-12-29
    Removed
    2011-10-14
    Country
    Latvia
    Representation rights
    "Jointly with the ""prokurist"""
    Last changed
    2011-10-14

  • Taskila Tero Pekka Juhani

    2009-12-29

    Historical

    Representation rights: "Jointly with the ""prokurist"""

    Additional information
    From
    2009-12-29
    Registered
    2009-12-29
    Removed
    2011-10-14
    Country
    Finland
    Representation rights
    "Jointly with the ""prokurist"""
    Last changed
    2011-10-14

  • Vīlipa Baiba

    2009-12-29

    Historical

    Representation rights: "Jointly with the ""prokurist"""

    Additional information
    From
    2009-12-29
    Registered
    2009-12-29
    Removed
    2011-10-14
    Country
    Latvia
    Representation rights
    "Jointly with the ""prokurist"""
    Last changed
    2011-10-14

  • Alnis Vītols

    2009-12-29

    Historical

    Representation rights: "Jointly with the ""prokurist"""

    Additional information
    From
    2009-12-29
    Registered
    2009-12-29
    Removed
    2011-03-31
    Country
    Latvia
    Representation rights
    "Jointly with the ""prokurist"""
    Last changed
    2011-03-31

Officers

Current: 7 · Historical: 219

  • Jakovļevs Vitolds

    Member of the Board · 2024-01-16

    Current

    Representation rights: Jointly with all persons entitled to represent

    Additional information
    Position
    Member of the Board
    Governing body
    Executive Board
    From
    2024-01-16
    Registered
    2024-01-16
    Country
    Latvia
    Representation rights
    Jointly with all persons entitled to represent
    Last changed
    2024-01-16

  • Thuesen Lars

    Member of the Supervisory Board · 2026-07-13

    Current
    Additional information
    Position
    Member of the Supervisory Board
    Governing body
    Supervisory Board
    From
    2026-07-13
    Registered
    2026-07-13
    Country
    Denmark
    Last changed
    2026-07-13

  • Feuersanger Alexander

    Member of the Supervisory Board · 2026-07-13

    Current
    Additional information
    Position
    Member of the Supervisory Board
    Governing body
    Supervisory Board
    From
    2026-07-13
    Registered
    2026-07-13
    Country
    Germany
    Last changed
    2026-07-13

  • Hilden Erno Kalle Ilari

    Chairperson of the Board · 2025-12-03

    Current

    Representation rights: Jointly with all persons entitled to represent

    Additional information
    Position
    Chairperson of the Board
    Governing body
    Executive Board
    From
    2025-12-03
    Registered
    2025-12-03
    Country
    Finland
    Representation rights
    Jointly with all persons entitled to represent
    Last changed
    2025-12-03

  • Sedlenieks Jurģis

    Deputy Chairman of the Supervisory Board · 2026-07-13

    Current
    Additional information
    Position
    Deputy Chairman of the Supervisory Board
    Governing body
    Supervisory Board
    From
    2026-07-13
    Registered
    2026-07-13
    Country
    Latvia
    Last changed
    2026-07-13

  • Martinovs Andrejs

    Chairman of the Supervisory Board · 2026-07-13

    Current
    Additional information
    Position
    Chairman of the Supervisory Board
    Governing body
    Supervisory Board
    From
    2026-07-13
    Registered
    2026-07-13
    Country
    Latvia
    Last changed
    2026-07-13

  • Amtmane Ruta

    Member of the Supervisory Board · 2026-07-13

    Current
    Additional information
    Position
    Member of the Supervisory Board
    Governing body
    Supervisory Board
    From
    2026-07-13
    Registered
    2026-07-13
    Country
    Latvia
    Last changed
    2026-07-13

NACE 2.1 details

Verify NACE 2.1 at CSP ↗

Primary business activity (NACE)

51.10

Passenger air transport

This class includes: - scheduled air transport of passengers over regular routes - charter flights for passengers - sightseeing flights

Source: CSP · received 2026-09-24

Detailed NACE description

Classification hierarchy

  1. H · TRANSPORTATION AND STORAGE
  2. 51 · Air transport
  3. 51.1 · Passenger air transport
  4. 51.10 · Passenger air transport

Includes

This class includes: - scheduled air transport of passengers over regular routes - charter flights for passengers - sightseeing flights

Also includes

This class also includes: - rental of air transport equipment with an operator for the purpose of passenger transport

Excludes

This class excludes: - rental of air transport equipment without an operator, see 77.35 - air ambulances, see 86.92

Verify this company’s activity at CSP

Financial data

The public view includes the latest 5 reporting years.Sign in to view the complete history →

Profit and loss statement

Revenue, expenses and the result for the reporting year.

Financial values are shown in the report currency.

Revenue and gross result

Net turnover
775,297

Operating expenses

Other operating revenue
26,002
Depreciation expenses
129,277
Other operating expenses
459,883

Financial activity and annual result

Equity investment earnings
0
Other interest revenue
150
Interest expenses
105,691
Profit before income tax
-43,178
Profit after income tax
-43,178
Net profit or loss
-43,178

Recorded company milestones

Dated facts available in the current registry record, newest first. This is not a complete change log. An entry's registration or removal date may differ from the date a change took effect.

  1. Officers and ownership

    Officer's appointment ended

    Martinovs Andrejs

    Chairman of the Supervisory Board

  2. Officers and ownership

    Officer's appointment ended

    Amtmane Ruta

    Member of the Supervisory Board

  3. Officers and ownership

    Officer's appointment ended

    Feuersanger Alexander

    Member of the Supervisory Board

  4. Officers and ownership

    Officer's appointment ended

    Sedlenieks Jurģis

    Deputy Chairman of the Supervisory Board

  5. Officers and ownership

    Officer's appointment ended

    Thuesen Lars

    Member of the Supervisory Board

  6. Officers and ownership

    Officer appointed

    Thuesen Lars

    Member of the Supervisory Board

  7. Officers and ownership

    Officer appointed

    Feuersanger Alexander

    Member of the Supervisory Board

  8. Officers and ownership

    Officer appointed

    Sedlenieks Jurģis

    Deputy Chairman of the Supervisory Board

  9. Officers and ownership

    Officer appointed

    Martinovs Andrejs

    Chairman of the Supervisory Board

  10. Officers and ownership

    Officer appointed

    Amtmane Ruta

    Member of the Supervisory Board

  11. Officers and ownership

    Officer's appointment ended

    Martinovs Andrejs

    Member of the Board

  12. Officers and ownership

    Officer appointed

    Hilden Erno Kalle Ilari

    Chairperson of the Board

Showing 12 of 541 milestones

Sources & update dates

Data freshness

Registry record last changed
2026-07-13
FTM last checked
2026-09-06
Source last synchronized
2026-09-06

Registry dates describe source changes; checking and synchronization dates describe FTM imports. Missing dates mean this information is unavailable.

Data sources and update frequency

Source status shows whether FTM successfully received the complete dataset. Whether this company has a matching record is shown separately.

View all source details
  • CSP company activities (NACE 2.1)Current
    Update frequency
    Every other calendar day, 03:30 Europe/Riga
    Source last synchronized
    2026-09-24
    FTM last checked
    2026-09-24
  • Tax debtDelayed
    Update frequency
    On profile view; up to 12 hours, refreshed after the next working-day 07:00 update
    Source last synchronized
    2026-09-24
    FTM last checked
    2026-09-24
  • VAT statusCurrent
    Update frequency
    Daily
    Source last synchronized
    2026-09-25
    FTM last checked
    2026-09-25
  • Taxpayer ratingCurrent
    Update frequency
    Every 3 days
    Source last synchronized
    2026-09-25
    FTM last checked
    2026-09-25
  • Annual totals from VID quarters / retained annual recordsCurrent
    Update frequency
    Missing annual totals calculated after quarterly imports; existing annual records retained
    Source last synchronized
    2026-09-17
    FTM last checked
    —
  • Taxes paid (quarterly)Current
    Update frequency
    Every 3 days at 04:15 Europe/Riga from the VID open dataset
    Source last synchronized
    2026-09-23
    FTM last checked
    2026-09-23
  • Activity suspensionCurrent
    Update frequency
    Daily
    Source last synchronized
    2026-09-25
    FTM last checked
    2026-09-25
  • Public-benefit status (SLO)Current
    Update frequency
    Daily
    Source last synchronized
    2026-09-25
    FTM last checked
    2026-09-25
  • Missing declarationsDelayed
    Update frequency
    On profile view (12-hour cache)
    Source last synchronized
    2026-09-24
    FTM last checked
    2026-09-24
  • Structural unitsCurrent
    Update frequency
    On profile view (12-hour cache)
    Source last synchronized
    2026-09-24
    FTM last checked
    2026-09-24

“Available” describes source synchronization; it does not automatically mean this company has a record in that source. Verify on-demand checks on the official VID website before making a decision.

Historical quarters from 2025 Q1 are collected through a one-time manual import from VID SNK2025.

Missing annual totals are calculated only when all four quarters of a completed year are available. Tax amounts are summed. The employee count is the average of the four quarterly counts, rounded down to a whole person. Existing VID annual records retain their original values and source.

VID quarterly publication is expected after the 15th following quarter-end, including Q4 in January; availability is not guaranteed on that date. Application refresh times differ from publication times. CSP does not specify a publication cadence here.

Information is compiled from public sources. Verify it in official registers before making legal or financial decisions.