The Latvian national airline airBaltic announces that it has appointed STJ Advisors and Superia as its joint independent financial advisors  for the contemplated initial public offering (IPO) of the company’s shares.

The role of the financial advisors involves independently reviewing, advising on and supervising the entire IPO process and its management, alongside guiding and supporting all stakeholders to achieve the best possible outcome.

Martin Gauss, President and CEO of airBaltic: “Assessing the potential road to IPO and taking into account both the cooperation offer and experience in the region, we are delighted to select STJ Advisors and Superia as our independent IPO advisors. The potential listing on the stock exchange is a significant step in the process of achieving a new level in airBaltic’s development. We are determined to deliver even more excellence and further strengthen airBaltic as the leading airline and brand of the Baltics.”

STJ Advisors is the leading independent Equity Capital Markets advisory firm with professionals based in all major world markets. STJ professionals have a track record of advising on more than 400 transactions worldwide, raising over €500 billion. STJ Advisors provides independent and specialist advice to shareholders and management teams to enhance positioning, optimize valuation and achieve successful results in ECM transactions for all stakeholders.

Superia is the leading Baltic dedicated financial advisory services firm with offices in Riga, Tallinn, and Vilnius.

airBaltic operates more than 100 routes from Riga, Tallinn, Vilnius and Tampere, offering connections to a wide range of destinations in the airline’s route network in Europe, the Middle East, North Africa and Caucasus region. A complete schedule of airBaltic flights and tickets are available on the company’s homepage at www.airbaltic.com

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