airBaltic reports a net profit of 5.4 million euros in 2018

"Riga" - "Latvia 100" - celebrating 100 years in Latvia

airBaltic continued its growth in 2018 and achieved strong financial results. According to the financial results for 2018, for the first time in the company’s history airBaltic has achieved EUR 400 million revenue, while the net income has grown by more than 40% compared to 2017, reaching EUR 5.4 million.

 

2018 2017 Change %
Revenue EUR 408.7 million EUR 347.7 million +18%
Net income EUR 5.4 million EUR 3.7 million +46%
Passengers 4.1 million 3.5 million +17%
Flights 56 261 50 093 +12%
Employees (year-end) 1 581 1 410 +12%

airBaltic serves over 70 destinations from Riga, Tallinn and Vilnius.

Top Copyright Photo (all others by the airline): airBaltic Airbus A220-300 (Bombardier CS300 – BD-500-1A11) YL-CSL (msn 55041) (Latvia 100) AMS (Ton Jochems). Image: 946104.

airBaltic aircraft slide show:

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