Thursday, February 1, 2024
As airBaltic, the Latvian national airline, gears up to unveil its annual financial results for the year 2023, preliminary data already indicates a robust revenue outlook for the entire year. Building on a record-breaking first half and strong Q3 performance, airBaltic continues to showcase operational excellence and positive business indicators. According to unaudited preliminary figures, the total revenue for the preceding year is anticipated to reach EUR 668 million, marking a substantial 34% year-over-year increase.
Martin Gauss, President and CEO of airBaltic: “As we approach the release of our2023 annual results, we are excited to report that airBaltic is on track for a remarkably successful year. We eagerly await the opportunity to present these results to investors, media, and the broader public. In a wider context, 2023 has been a year of significant growth and development for airBaltic, further emphasizing our role as a key player in the aviation industry and our commitment to connecting Latvia with the world.”
Furthermore, summarizing the achievements of 2023, it is evident that airBaltic has sustained purposeful growth and development. Preliminary data suggests that in 2023, the airline served approximately 4.5 million passengers, marking a 36% increase compared to 2022. Over the past 12 months, the Latvian flag carrier operated over 44 thousand flights, an 18% rise from the previous year.
The complete financial results for 2023 are scheduled to be unveiled on March 5, 2024, during an investor call and a dedicated press conference. Invitations and additional details will be provided shortly.
airBaltic, with operations spanning more than 100 routes from Riga, Tallinn, Vilnius, and Tampere, facilitates connections to various destinations in its route network across Europe, the Middle East, North Africa, and the Caucasus region.
Saturday, April 27, 2024
