airBaltic achieves record revenue of EUR 104 million in first quarter of 2023

airBaltic has started the year 2023 with positive business indicators. airBaltic has achieved EUR 104.3 million revenue, which is by 74% more than in 2022, as well as the highest ever recorded revenue in the first quarter of a year in the airline’s history. At the same time, the carried passenger number was 77% above the first quarter 2022.

During the first three months of 2023, airBaltic has carried 769.6 thousand passengers or, as mentioned already before, by 77% more than during the same period last year. The total number of performed flights has increased by 28% – to 8.70 thousand. That includes also 94 flights of a short-term wet leased aircraft of other airlines.

Jan-Mar 2023Jan-Mar 2022Change %
Revenue104.3 million 59.9 million74% 
Passengers769.6 thousand434.7 thousand 77%
Flights8.70 thousand6.79 thousand28% 
Load factor 70.9%53.4% 17.5pp 

airBaltic provides flights to more than 70 destinations from Riga, Tallinn, Vilnius and Tampere, offering connections to a wide range of destinations in the airline’s route network in Europe, Scandinavia, the CIS and the Middle East.