airBaltic Carries 18% More Passengers During Summer

The Latvian airline airBaltic has transported 2 770 047 or 18% passengers more during the first eight months of 2018 than in the same period last year to its network spanning Europe, Scandinavia, Russia, CIS and the Middle East.In August 2018, 440 562 passengers or 14% more than last year travelled with airBaltic. In addition in summer seasonairBalticcarried +18% more passengers, marking this period as a record for the airline.

Martin Gauss, Chief Executive Officer of airBaltic:“This was the strongest summer in the history of the airline, successfully continuing the sustainable growth path the company has taken. While performing more flights to a wider variety of destinations, we still are aiming to achieve our world-class internal targets for both punctuality and regularity.”

During the first eight months of 2018 airBaltichas operated 37 186 flights. In August 2018, the airline performed 5 341 flights, or 11% more than in the same period of 2017. The airline’s load factor, which represents the number of passengers as a proportion of the number of available seats, during first eight months of 2018 was at a level of 77%, but in August 2018 – 84%.

The 15 minute flight punctuality indicator for airBalticduring the first eight months of 2018 reached a level of 86%. This means that more than 86 out of every 100 airBalticflights departed at the planned time or with a delay of no more than 15 minutes. Only less than 2% of flights were delayed more than an hour.

airBalticserves over 70 destinations from Riga, Tallinn and Vilnius, offering the largest variety of destinations and convenient connections via Riga to its network spanning Europe, Scandinavia, the CIS and the Middle East. For summer 2019, airBaltichas introduced three new destinations from Tallinn to Malaga, Brussels and Copenhagen. In addition, next summer airBalticwill launch a new direct route connecting Riga and Stuttgart.

airBalticin brief:

airBaltic(AIR BALTIC CORPORATION) is the world’s most punctual airline connecting the Baltic region with 70 destinations in Europe, the Middle East, and the CIS. airBalticis a joint stock company that was established in 1995. Its primary shareholder is the Latvian state, which holds 80.05% of the stock, while Lars Thuesen holds around 20% through his fully-owned Aircraft Leasing 1 SIA. The airBalticfleet consists of 34 aircraft – 11 Airbus A220-300s, 11 Boeing 737s and 12 Bombardier Q400Next Gen aircraft. airBaltichas received numerous international awards for excellence, innovative services, and achievements in reshaping its business. In 2017, the airline received the CAPA Regional Airline of the Year awards, while in 2018 airBalticreceived the ATW Airline Industry Achievement Award as the Market Leader of the Year. airBalticachieved the best on-time performance globally in 2014, 2015, 2016 and 2017.