Tag Archives: Airbus A220-300 (Bombardier CS300 – BD-500-1A11)

airBaltic carried 86% more passengers in February 2023

airBaltic Airbus A220-300 (Bombardier CS300 – BD-500-1A11) YL-AAP (msn 55051) SZG (Gunter Mayer). Image: 957237.

During February 2023, the Latvian airline airBaltic has carried 232 800 passengers or by 86% more than during the same period last year. In the previous month airBaltic performed 2 560 flights, marking a 33% increase from February 2022.

Martin Gauss, President and CEO of airBaltic: “During the first two months of the year we have carried close to half a million passengers. This is almost twice as many as last year, indicating a strong growth for airBaltic. Also, we are looking forward to offering the largest number of new routes in a single season for the upcoming summer. This expansion of the route network is already being reflected in the demand for the airline’s services, and we are confident of continuing to see growing numbers of carried passengers and operated flights in the coming months.”

February, 2023February, 2022Change
Number of passengers232 800125 200+86%
Number of flights2 5601 920+33%

Top Copyright Photo: airBaltic Airbus A220-300 (Bombardier CS300 – BD-500-1A11) YL-AAP (msn 55051) SZG (Gunter Mayer). Image: 957237.

airBaltic aircraft photo gallery:

airBaltic aircraft photo gallery
AirlinersGallery.com

airBaltic records EUR 32 million operating profit in 2022

airBaltic Airbus A220-300 (Bombardier CS300 – BD-500-1A11) YL-ABG (msn 55154) ZRH (Rolf Wallner). Image: 960146.

airBaltic has published its annual consolidated financial results and the sustainability report of the year 2022, highlighting strong positive business indicators. The company recorded operating earnings of EUR 32.0 million, a significant increase from the previous year. Furthermore, its revenue exceeded EUR 500 million – a 145% year-over-year growth.

In addition, airBaltic achieved significant improvements in other key financial results. EBITDAR increased from EUR 0.3 million in 2021 to EUR 129.7 million in 2022 – an improvement of EUR 129.4 million. However, the number of passengers climbed to 3.3 million, representing a growth of 105% over the previous year. Moreover, airBaltic operated 59% more flights than in 2021, with a total of 37.3 thousand in 2022. The net result improved by EUR 81.5 million to a net loss of EUR 54.2 million, showing a strong recovery.

Position20222021Change
RevenueEUR 500.17 millionEUR 204.1 million145%
EBITDAREUR 129.7 millionEUR 0.3 millionEUR 129.4 million
Operating profit / (loss)EUR 32 millionEUR (56.0) millionEUR 88.0 million
Net resultEUR (54.2) millionEUR (135.7) millionEUR 81.5 million
Passengers3.34 million1.63 million105%
Flights37.3 thousand23.4 thousand59%

airBaltic provides flights to more than 70 destinations from Riga, Tallinn, Vilnius and Tampere

Top Copyright Photo: airBaltic Airbus A220-300 (Bombardier CS300 – BD-500-1A11) YL-ABG (msn 55154) ZRH (Rolf Wallner). Image: 960146.

airBaltic aircraft photo gallery:

airbaltic aircraft photo gallery

airBaltic to connect Tampere with Nice and Milan

airBaltic Airbus A220-300 (Bombardier CS300 – BD-500-1A11) YL-ABF (msn 55133) MUC (Gunter Mayer). Image: 959806.

airBaltic has announced the addition to the list of direct flights from its base in Tampere (Finland) – to Nice (France) and Milan (Italy). Starting in May, the new destinations will be connected with two weekly flights.

Tampere

airBaltic already flies nonstop flights from Tampere to Copenhagen (Denmark), Munich (Germany) and Amsterdam (Netherlands) as well as sunny leisure destinations of Malaga (Spain) and Rhodes (Greece), in addition to continuing flights to Riga (Latvia). 

Destination servedFlight frequencyStart datePrice *,GREENPrice*,Business Light
Tampere – Nice2 flights weeklyMay 2, 202399 EUR349 EUR
Tampere – Milan2 flights weeklyMay 4, 202379 EUR299 EUR

*Lowest fare (one way), including taxes, fees and service charges, on www.airBaltic.com subject to availability.

Flights between Tampere and Nice are scheduled to take 3 hours and 35 minutes, and between Tampere and Milan – 3 hours, 45 minutes.

Both of them will be operated by the Airbus A220-300 aircraft.

airBaltic provides flights to more than 70 destinations from Riga, Tallinn, Vilnius and Tampere.

Top Copyright Photo: airBaltic Airbus A220-300 (Bombardier CS300 – BD-500-1A11) YL-ABF (msn 55133) MUC (Gunter Mayer). Image: 959806.

airBaltic aircraft photo gallery: