airBaltic Achieves +6 pp Increase of Load Factor in the First Quarter of 2012

Latvian airline airBaltic carried 217,670 passengers in March 2012, representing 7% decrease comparing with the same month in 2011, when airBaltic transported 233,033 passengers.

During the three months of 2012, airBaltic transported a total of 589,112 passengers, or 2% less than during the same period in 2011, when the total number of passengers was 599,078.

In March, airBaltic operated 3,746 flights, or 14% less than in March 2011 when airBaltic operated 4,334 flights.

The airline’s load factor, which represents the number of passengers as a proportion of the number of available seats, in March 2012 was at a level of 74% - or 3 percentage points more than in March 2011. The airline achieved a 6 percentage point improvement of load factor to 70% for the first quarter of 2012, compared to the first quarter in 2011.

The 15-minute flight punctuality indicator for airBaltic was at a level of 95.3% in March 2012. This means that 95 of every 100 airBaltic flights in March departed at the planned time or with a delay of no more than 15 minutes.

March ‘12

March ‘11

Change

Number of flights

3,746

4,334

-14%

Number of passengers

217,670

233,033

-7%

Load Factor

74%

71%

3% p.p.

January-March ‘12

January-March ‘11

Change

Number of flights

10,637

12,166

-13%

Number of passengers

589,112

599,078

-2%

Load Factor

70%

64%

6% p.p.

 

airBalticin brief:  

AIR BALTIC CORPORATION (airBaltic) is a joint stock company that was established in 1995. The primary shareholder is Latvian state with 99.8% of stock. The airBaltic fleet consists of 34 aircraft – six Boeing 737-500, eight Boeing 737-300, two Boeing 757-200, ten Fokker 50 airplanes and eight Bombardier Q400Next Gen. airBaltic offers nonstop flights from three Baltic capital cities – Riga, Vilnius, and Tallinn. airBaltic received the title of Airline of the Year 2009/2010 (Gold Award) from the European Regions Airline Association. airBaltic is the winner of Air Transport World Phoenix Award 2010 – a global recognition of excellence in restructuring business. airBaltic won a special Pacesetter Award 2010 from the Jury of the Budgies World Low Cost Airline Awards, recognising achievements of airBaltic as a hybrid airline.

 

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