airBaltic’s revenue exceeds 500 million euros in nine months

Furthermore, the preliminary results for Q3 of 2023 also highlight a significant achievement. In Q3, airBaltic generated 211 million euros in revenue, representing a 23%  increase compared to the corresponding period last year.

Martin Gauss, President and CEO of airBaltic: “Throughout Q3 and the first nine months of 2023, airBaltic continued to show strong financial and operational performance. After a record-breaking summer with nearly half a million passengers per month, we have seen a steady rise in overall demand, as evidenced by our revenue exceeding half a billion euros.”

“The summer season is typically the busiest time of year for airlines, and airBaltic benefited from a strong summer season in 2023. This was due to a number of factors, including increased demand for leisure and business travel and the company’s expanded network. airBaltic maintains its position as the leading airline in the Baltics, further developing essential connectivity from its home cities of Riga, Tallinn, Vilnius, and Tampere. As the main connectivity provider to and from the region, we are committed to providing our home markets with the best possible air travel services. We continually enhance the overall passenger experience and make a significant contribution to the region’s economy,” Gauss added.