AirBaltic's turnover is up 19% in the first half – Transport and logistics – Financenet



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AirBaltic carried 1.9 million pbadengers in the first half of this year, or 20% more than at the same time last year

AirBaltic also recorded 13% of flights in more than in the first half of 2017. 26,579 flights were made in the first half of this year.

airBaltic General Manager, Martins Gauss, said that in recent years, airBaltic has shown good results, gradually expanding its operations. "We expect a better performance this year than last year, but we must also consider macroeconomic factors such as the oil price or the US dollar exchange rate, which can affect the overall situation." "intends to continue double-digit percentage growth." AirBaltic "will continue to be a clear leader in the Baltic region," Gauss said.

airBaltic announced on May 28 that it would buy 30 aircraft "Airbus A220-300" and would keep it Possibility to order 30 other aircraft of the same type This order complements the existing order of 20 aircraft "A220-300" and is an important part of the new airBaltic Destination 2025 business plan. The new business plan continues the current Horizon 2021 plan. The total business turnover of the AirBaltic Group was 353,639 million. 39; euros last year, an increase of 19.6% over 2016, while the group's profits increased several times to 4.703 million euros

airBaltic provides direct flights from Riga to more than 70 destinations, offering connections to Destinations on the airline's road network in Scandinavia, Europe, Russia, CIS and the Middle East. AirBaltic also offers direct flights from Tallinn and Vilnius

The Latvian state holds 80.05% of the airBaltic shares, but the financial investor, the Danish entrepreneur Lars Tusen, holds nearly 20% shares of Aircraft Leasing 1.

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