Latvian flag carrier airBaltic reported that in March 2017 it carried 224,921 passengers or 12% more year over year throughout its network spanning Europe, Scandinavia, Russia, CIS and the Middle East. During the first quarter of 2017, the airline has transported a total of 588,768 passengers.
In March the airline operated 3,667 flights, or 14% more than in the same period of 2016, when airBaltic operated 3,230 flights. During the first three months of 2017 the airline operated 10,160 flights.
The airline’s load factor, which represents the number of passengers as a proportion of the number of available seats, was at a level of 68% in March 2017. During the first three months of 2017, airBaltic load factor was at a level of 66%.
airBaltic also reported that the 15-minute flight punctuality indicator for airBaltic reached a level of 92,3% in March 2017. This means that more than 92 of every 100 airBaltic flights in this year March departed at the planned time or with a delay of no more than 15 minutes.
airBaltic now connects the Baltic region with 60 destinations in Europe, the Middle East, and the CIS. airBaltic is a joint stock company that was established in 1995. Its primary shareholder is the Latvian state, which holds 80.05% of the stock, while Danish businessman Lars Thuesen holds around 20% through his fully-owned Aircraft Leasing 1 SIA.
Its fleet consists of 26 aircraft – 3 Bombardier CS300, 11 Boeing 737 and 12 Bombardier Q400Next Gen.