LV: airBaltic passenger turnover up by 5% y/y in 2011.

By bne IntelliNews January 17, 2012
According to the announcement made by the company, Latvian national air carrier airBaltic transported a total of 3.3mn passengers in 2011, which made a 5% y/y increase. In December alone, passenger turnover declined by 5% y/y to 0.197mn .To remind, before Q1/11 airBaltic saw six months in a row of rather low passenger turnover, which was attributed to unfavourable weather conditions (in Q1/11 passenger turnover declined by 4% y/y). In 2011 55,319 flights were operated (down by 1% from 2010), with number of flights declinging by 12% y/y to 3,508 flights. Load factor of the company was 75% (up by 6pps from 2010) and 15-minute punctuality was 88.6%. airBaltic airline transported a total of 3.25mn passengers in 2010 (16% y/y increase) and operated 56,098 flights, up by 22% y/y.

Related Articles

EE: Estonian Air records EUR 49.2mn loss in 2012.

Estonian national airline Estonian Air recorded net loss of EUR 49.2mn in 2012, up from net loss of EUR 17.3mn in 2011. Operating loss amounted to EUR 35.8mn in 2012. Revenues of the company ... more

LT: Malsena acquires Latvian flour manufacturer Rigas Dzirnavieks.

Lithuanian flour manufacturer Malsena announced that it has acquired Latvian flour manufacturer Rigas Dzirnavieks. The company indicates that with the acquisition it will become the largest flour ... more

EE: Estonian Air to return excess Embraer airplanes.

Estonian national airline Estonian Air announced that it agreed to pay penalties for returning two excess Embraer E190 aircrafts to the manufacturer. The company has started restructuring and ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335
Dismiss