airBaltic reports 4% revenue increase in May

The Latvian national airline airBaltic has reported a preliminary revenue over €68 million for May 2024, marking a 4% increase compared to the same period last year. According to airBaltic, “this result, while being in the middle of Q2, reflects a continuously steady performance and suggests positive business trends”. airBaltic carried 434 100 passengers in May 2024 – a 1% decrease compared to May 2023. Alongside this, airBaltic operated 4 300 flights in May 2024, marking a 3% increase from the previous year. During the first three months of 2024, airBaltic achieved Q1 revenue of over €132 million, a 27% increase from