Tuesday, June 18, 2024 In May 2024, airBaltic , Latvia’s national airline, reported preliminary revenues exceeding EUR 68 million, indicating a 4% rise from the same period last year. This performance, amidst Q2, underscores consistent stability and promising business trends. During the same month, airBaltic served 434,100 passengers, showing a slight 1% decrease compared to May 2023.
Despite this marginal decline in passenger numbers, the airline maintains robust financial health with increasing revenue. Additionally, airBaltic operated 4,300 flights in May, marking a 3% uptick from the previous year. Martin Gauss , President and CEO of airBaltic: “During May, airBaltic continued to demonstrate confident financial and operational performance, with increased revenue.
At the beginning of May, we expanded our network by launching 15 new destinations from all our home bases, including seven new countries in Southeast Europe. We are dedicated to ensuring the best connectivity between the Baltics and the rest of the world, as well as enhancing the passenger experience and contributing to the economy.” “During the upcoming months, we plan to continue expanding our network by launching new Pop-Up and scheduled flights, continuing our operations from our seasonal base in Gran Canaria, and launching direct flights to a unique new destination – Madeira.
These developments are expected to further boost our traffic across the Baltic region and beyond,” Gauss added. During the.
