airBaltic reports a net profit of EUR 17.1 million in third quarter

airBaltic, according to the unaudited consolidated financial results for the first nine months of 2022, has already achieved EUR 362.5 million revenue, which is by 172% more than in 2021. At the same time, the pre-exceptional net income for the third quarter of 2022 has grown to EUR 17.1 million.

During the first nine months of 2022, airBaltic has carried 2.4 million passengers or by 133% more than during the same period last year. The number of performed flights has increased by 88% – to 27 713 flights.

Jan-Sep 2022 Jan-Sep 2021 Change %
Revenue EUR 362.5 million EUR 133.3 million 172%
Net loss** EUR (35.6) million EUR (72.1) million -50.6%
Passengers 2.4 million 1.0 million 133%
Flights 27 713 14 719 88%

** Supplemental commercial support included and adjusted for the period; the foreign currency exchange loss related to re-evaluation of USD denominated liabilities is excluded.

Top Copyright Photo: airBaltic Airbus A220-300 (Bombardier CS300 – BD-500-1A11) YL-AAR (msn 55053) ARN (Tony Storck). Image: 959469.

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