Tag Archives: Latvia 100

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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airBaltic and Mouzenidis Travel to launch charter flights to Corfu

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

airBaltic in cooperation with the international tour operator Mouzenidis Travel has announced that as of June 1, 2019 it will perform weekly charter flights to the Greek island of Corfu.

The nonstop flights from Riga to Corfu will take place between June and early October.

Passengers will board an Airbus A220-300 aircraft for a flight that will last approximately 2 hours and 55 minutes.

airBaltic serves 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, airBaltic will launch new direct routes from Riga to Dublin, Stuttgart and Lviv as well as Kos and Menorca. In addition, next summer airBaltic has introduced three new destinations from Tallinn to Malaga, Brussels and Copenhagen.

Top Copyright Photo (all others by the airline): airBaltic Airbus A220-300 (Bombardier CS300 – BD-500-1A11) YL-CSL (msn 55041) (Latvia 100) LGW (Antony J. Best). Image: 945680.

airBaltic aircraft slide show:

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airBaltic operated 99.8% of its scheduled flights in 2018

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

airBaltic has made this announcement:

airBaltic has further improved its world-class regularity rate, performing 99.8% of its planned flights in 2018. It is an improvement of 0.4 percentage points compared to 2017 and means that only 0.2% of flights were cancelled last year due to different circumstances, including delays caused by strikes in European airports and weather conditions.

Martin Gauss, CEO of airBaltic: “When a notable proportion of our clients travel using a transfer via Riga, it is instrumental for us to provide them a reliable service. As one of the most punctual carriers globally, we always strive to improve our service and our passengers can count on us.”

“Even though last summer in Europe was especially tough due to widespread strikes across the continent, we maintained the world-leading punctuality and regularity ratings, enabling passengers to use our convenient connections with ease,” Martin Gauss added.

On January 3, 2019, it was announced that the Latvian airline airBaltic has been recognized as the most punctual airline in Europe for 2018 by OAG analysts, who tracked the performance of a total of over 58 million flight records. airBaltic has been on the top of the global on-time performance ranking for the past five consecutive years.

airBaltic serves 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, airBaltic will launch new direct routes from Riga to Dublin, Stuttgart and Lviv. In addition, next summer airBaltic has introduced three new destinations from Tallinn to Malaga, Brussels and Copenhagen.

Top Copyright Photo (all others by the airline): airBaltic Airbus A220-300 (Bombardier CS300 – BD-500-1A11) YL-CSL (msn 55041) (Latvia 100) MUC (Arnd Wolf). Image: 944331.

airBaltic aircraft slide show:

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