AirBaltic CEO Martin Gauss steps down
Gauss, who is German, has held the position of CEO since 2011.
The airline recently sold a 10% stake to German airline group Lufthansa (LHAG.DE), opens new tab as it said it struggled with engine delivery delays and sought to push back its planned IPO to 2026.
"Our core objectives remain unchanged, and airBaltic continues to implement its strategy and move forward toward a potential IPO," said Andrejs Martinovs, the chairman of the primarily state-owned airline's supervisory board.
Pauls Calitis, the current chief operations officer, will take over as interim CEO, the company said in a statement.
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