airBaltic (BT, Riga) has appointed Seabury as a strategic advisor to help it navigate the challenging market conditions. In line with priorities outlined during the airline's annual investor call, the adviser will assist the airline with "re-evaluating and recalibrating operations, improving financial performance, and strengthening the capital structure." This comes amid an ongoing search for a new investor in the airline, with an IPO now put on hold, and neighbouring states unwilling to chip in.