airBaltic produces record breaking financial results in the first half

airBaltic has recorded the highest ever revenue for the first half of a single year. The guidance of consolidated financial results for the first six months of 2023 already highlights a significant achievement – a substantial preliminary revenue increase to EUR 285 million. This figure represents a 49% growth compared to the corresponding period last year.

During the first six months of 2023, airBaltic carried close to 2.0 million passengers, or 52% more than during the same period last year. The number of performed flights increased by 20% to 20 300. Please note that the Q2 financial report will be presented on August 9, 2023 during the investor call. 

H1 2023*H1 2022Change %
Total revenueEUR 285 millionEUR 191 million49%
Passengers2.0 million1.3 million52%
Flights20.3 thousand16.9 thousand20%

* The guidance of consolidated financial results for the first half of 2023. airBaltic operates more than 100 routes from Riga, Tallinn, Vilnius and Tampere