airBaltic has announced the launch of direct flights between Tampere, Finland and Palma de Mallorca, Spain. Starting today, flights will operate twice a week, on Mondays and Fridays, and will continue until October.
Currently, airBaltic operates eight direct routes from Tampere to European destinations. This year, the airline plans to add 17 new routes from all its bases and has expanded its network to include seven new countries in the Balkan region.
In 2024, airBaltic will connect Finland with direct flights to 10 destinations and offer one-stop connections to more than 70 destinations in its network.
The new flights will be operated by Airbus A220-300 aircraft.
In other news, the airline issued this statement:
As the Latvian national airline, airBaltic prepares to publish its financial results for the first quarter of 2024, preliminary data already points to a strong performance. airBaltic continues to demonstrate operational excellence and confident business indicators, building on its record results for the full year of 2023. According to preliminary indicators, total revenue for Q1 is expected to reach approximately EUR 132 million, an increase of 26% as compared to the corresponding period of 2023 and the highest ever in Q1 for the airline. Passenger numbers increased by 20% compared to the first quarter of 2023 – another historical high for Q1 for airBaltic.
Significant improvements were also seen in airBaltic’s overall operational capacity, as evidenced by a 30% increase in Available Seat Kilometers (ASK) to 1.9 billion, compared to 1.5 billion in Q1 2023. The airline’s load factor has improved to 75.9% from 71%, also the best ever performance in Q1 record. Total flights, including ACMI, rose to 12.3 thousand in Q1 2024, up from 11.4 thousand in the same quarter the previous year, an 8% increase.
airBaltic plans to announce full financial results of the first three months will be presented on 22nd of May, 2024, during an investor call, and afterwards the information will be available on the company’s website.
| Position | Q1 2024 (Preliminary data)* | Q1 2023 | Change |
| Total revenue | EUR 132.3 million | EUR 105.1 million | 26% |
| Passengers | 926 thousand | 770 thousand | 20% |
| Total flights (including ACMI) | 12.3 thousand | 11.4 thousand | 8% |
| Flights | 9.6 thousand | 8.7 thousand | 11% |
| ASK (billion) | 1.9 billion | 1.5 billion | 30% |
| Load Factor (%) | 75.9% | 71% | 4.9pp |
* Subject to change.
airBaltic aircraft photo gallery:
