The airline transported 1.63 million passengers to and from the Baltic States last year, 21% more than a year ago, said Martins Gauss, executive director of airBaltic. He attributed the increase in passenger numbers to the increase in the number of flights on major business routes.
airBaltic provided a total of 94 routes from Riga, Tallinn, and Vilnius last year, an increase of 24% compared to 2020. A total of 23,400 flights were carried out last year, which is 5% more than in 2020. The company employed 1600 people last year, up 30% over a year earlier.
The airline continued to expand its fleet last year, receiving seven new Airbus A220-300 planes. By increasing the size of its fleet, the company plans to reach a profit by 2024. It is also planned to launch the listing of airBaltic shares on the stock exchange (IPO) at the end of 2023 or early 2024.
You can download the report here: airBaltic Annual Report 2021 v2.pdf