Tag Archives: Estonia

airBaltic marks 2022 as a year of growth

airBaltic looked back at its successes at 2022:

Summarizing the key statistics and events of 2022, the Latvian airline airBaltic announces that the previous year has continued the company’s purposeful growth, also contributing to a return or even exceeding various pre-pandemic results. The following report overlooks data and information (such as passengers, flights, destinations, fleet, cargo, employees, technical and operational achievements, and other), that represent the operations of airBaltic in 2022.

Martin Gauss, President and CEO of airBaltic: “Although characterized by the simultaneous need to adapt the changing world and seek growth, 2022 proved to be challenging, but rich year. The past 12 months have been full of positive milestones – beginning with the on-going increase of carried passengers and operated flights, continuing with opening a new base in Tampere and launching fresh routes to Marrakesh, Gran Canaria and Batumi. Definitely, reaching new destinations would not be possible without new aircraft, thus, last year the fleet of airBaltic attained already 39 Airbus A220-300, and we welcomed our 50-millionth passenger.”

“Nevertheless, we are full of strength, ideas and determination, by looking ahead to 2023, and our core goals remain – to ensure the best connectivity between the Baltics – one of the key European business centers of the future – and the world, as well as maintain improved passenger experience and deliver a considerable contribution to the economy. This year we will expand, launching 18 new routes from Riga, Tallinn, and Vilnius, and offering up to 70 direct routes in total,” Gauss concluded.

In 2022, airBaltic has carried 3,342,200 passengers or by 105% more than in 2021. During the last 12 months, the airline performed 37 300 flights – 59% more than the year before.

  2022 2021 Change
Number of passengers 3 342 200 1 628 000 +105%
Number of flights 37 300 23 440 +59%

The most popular destinations were Amsterdam, Barcelona, Dubai, Lisbon, London, Paris, Rome, Tallinn, Tenerife, and Vilnius.

Since the first Airbus A220 joined the company’s fleet in late 2016, airBaltic has carried over 10,460,000 passengers on these aircraft, of which over 3,025,000 last year. A220s have completed more than 1,20,300 flights and flown above 263,000 block hours, of which respectively nearly 35,000 and 71,000 last year.

To this day, airBaltic is the largest air cargo and mail carrier in Riga Airport, which has resulted in more than 10 000 tons of cargo and mail delivered during 2022. In total, airBaltic carried more than 750,000 bags of mail within its network, among which more than 100,000 bags (approximately 600 tons) originated from Ukraine, thus marking excellent cooperation with Ukrposhta, the national postal service of Ukraine.

Undeniably, the airline’s Call Center plays a significant role in providing services of quality. It employs 100 specialists, who handle incoming calls, messages and e-mails in 7 languages (in Latvian, Lithuanian, Estonian, English, German, Finnish, and Russian) daily.

The average age of people working at airBaltic is 35 years, but the average seniority level reaches 6 years. Until now, 8 employees have been working in the company since its establishment in 1995. The proportion of gender equality is 46% women and 54% men. Today members of 30 nationalities work at airBaltic, including 50 Ukrainians, who have joined the company due to Russia’s invasion in Ukraine.

Top Copyright Photo: airBaltic Airbus A220-300 (Bombardier CS300 – BD-500-1A11) YL-CSJ (msn 55038) (Estonia) LGW (Richard Vandervord). Image: 959904.

airBaltic aircraft photo gallery:

airBaltic announces flights between Riga and Tenerife

airBaltic's 2019 Estonia flag livery

airBaltic has announced that starting on September 2, 2021, it plans to launch new scheduled flights between Riga and Tenerife in Spain. airBaltic has planned to operate flights between Riga and Tenerife three times a week with the Airbus A220-300 aircraft.

Destination served Flight frequency Start date Price *, GREEN Price *, GREEN Classic Price*, Business
Riga–Tenerife 3 flights weekly September 2, 2021 159 EUR 209 EUR 649 EUR

*Lowest fare (one way), including taxes, fees and service charges

This summer season airBaltic will also offer new safe connections between Riga and Heraklion (Greece), Santorini (Greece), Naples (Italy) and Edinburgh (United Kingdom).

On the financial side, the airline issued this report for 2020:

Due to the historical negative impact caused by the COVID-19 pandemic,  air Baltic group closed 2020 with a revenue of EUR 143 million, which was 72% less than the year before. The group’s net result was negative EUR 265 million. Despite the severe travel restrictions, airBaltic carried 1.34 million passengers

Martin Gauss, Chief Executive Officer of airBaltic: “We saw a dramatic change last year, but airBaltic’s core vision for the future remains the same – to be the number one carrier in the Baltics, providing the best connectivity to and from the region. Last year, in the wake of the crisis, we significantly reduced our cost and adjusted the business plan Destination 2025 CLEAN.

We took a decision to permanently phase out Bombardier Q400 and Boeing 737 aircraft and became a single aircraft type operator of the Airbus A220-300 two year ahead of the original plan.”

“We look forward to an increase in travel demand that is now slightly showing some positive signals. We have developed several scenarios for the gradual market recovery. Our base scenario reduction is currently in line with the industry wide projections, and we are flexible to make further adjustments whenever necessary. To support our future return to profit, we will accept additional seven Airbus A220-300 aircraft in 2021,” Martin Gauss added.

Last year the airline connected Riga, Tallinn and Vilnius on a total of 76 routes, providing much-needed essential connectivity and cargo shipments for the region.

2020 2019 Change %
Revenue EUR 142.6 million EUR 509.0 million -72%
EBITDAR EUR -152.3 million EUR 126.4 million -221%
EBIT EUR -201.7 million EUR 27.2 million -841%
Net Result EUR -264.6 million EUR -9.1 million -2803%
Passengers 1.34 million 5.0 million -73%
Market share in the Baltics 37% 36% +1% pp
Flights 22 thousand 63 thousand -64%
Routes out of Riga, Tallinn, Vilnius 76 routes 88 routes -14%
Employees (year-end, airBaltic Group) 1.2 thousand 1.7 thousand -30%

Top Copyright Photo: airBaltic Airbus A220-300 (Bombardier CS300 – BD-500-1A11) YL-CSJ (msn 55038) (Estonia) ZRH (Andi Hiltl). Image: 947410.

airBaltic aircraft slide show: