Latvia's national airline, airBaltic, has confirmed it is not planning to cancel any flights despite the rise in fuel prices. The airline is in the midst of preparations for the summer flight season, which commences at the end of March, according to Augusts Zilberts, the head of public and political relations at airBaltic. Zilberts noted that the airline continuously evaluates the economic viability of its routes but indicated that no short-term changes to flight schedules are anticipated at this time.

In addressing the escalating fuel prices, Zilberts mentioned that airBaltic is closely monitoring the situation and analyzing various potential development scenarios. The airline is aware of significant market fluctuations and understands that it is too early to provide accurate estimates of additional fuel costs in the long term. Zilberts emphasized the importance of ongoing evaluations of market conditions as they play a crucial role in determining operational decisions and pricing strategies.

Additionally, Zilberts pointed out that currently, there isn't a notable increase in the overall prices of airline tickets in the market. The prices of flight tickets are dictated by demand, competition, and the overall market landscape, with airBaltic operating in a competitive environment where prices cannot be dictated unilaterally. The company remains vigilant in following market trends and adapting its strategies accordingly to ensure they can maintain competitiveness during this challenging economic period.