airBaltic reports stronger summer performance ahead of Q3 results

Latvia’s national airline airBaltic has reported stronger summer trading ahead of its third-quarter results, due on 5 November 2025.

Pauls Cālītis, Interim chief executive  said the airline had seen “stronger commercial performance this summer, driven by adaptability to market conditions and a clear focus on yield recovery during peak season”.

Preliminary figures for July and August show year-on-year growth in revenue per available seat kilometre (RASK), supported by improved ticket yields.

The gains were achieved through targeted commercial measures, network adjustments and a stronger macroeconomic backdrop in the Baltic states.

While higher pricing led to a slight decline in load factor, airBaltic said the overall impact was positive, with RASK growth offsetting the dip.

Passenger volumes were lower than last year, reflecting reduced capacity compared with 2024.

Operations were also temporarily affected by the suspension of flights to Tel Aviv in July and August amid regional conflict, though the route was reinstated in September.

The airline said it would publish detailed financial and traffic figures when it releases its Q3 results in November.

Vitolds Jakovļevs, CFO of airBaltic: “With the macroeconomic conditions in our core Baltic markets improving from Q2 onwards, we expect to see further RASK improvements in September compared with last year.”

Focusing on traffic numbers, airBaltic carried more than half a million passengers in August 2025 – a total of 529 200 – across all its bases, a 6% decrease compared to the same period last year.

The airline operated 4 449 flights. The load factor stood at 86.2%, a slight decrease by 3.7 percentage points.

From January to August 2025, airBaltic carried 3 430 000 passengers across all its bases – the highest figure in the airline’s history for the first eight months of a year.

This represents a 2.9% increase compared to the same period last year.

During this time, the number of flights grew by 2.2%, reaching 31 420, while the load factor stood at 80.5%.