{"id":185330,"date":"2026-03-11T15:00:41","date_gmt":"2026-03-11T15:00:41","guid":{"rendered":"https:\/\/aviacionaldia.com\/?p=185330"},"modified":"2026-03-12T12:25:13","modified_gmt":"2026-03-12T12:25:13","slug":"airbaltic-achieves-record-revenue-of-e779-million-in-2025-but-reports-e44-3-million-loss","status":"publish","type":"post","link":"https:\/\/aviacionaldia.com\/en\/2026\/03\/airbaltic-achieves-record-revenue-of-e779-million-in-2025-but-reports-e44-3-million-loss.html","title":{"rendered":"airBaltic Achieves Record Revenue of \u20ac779 Million in 2025 but Reports \u20ac44.3 Million Loss"},"content":{"rendered":"\n<p>Latvian carrier <strong>airBaltic <\/strong>has reported its strongest financial and operational results to date in terms of turnover, reaching \u20ac779.3 million in revenue during 2025. Despite operational challenges stemming from global engine availability issues, the company managed to reduce its net losses by \u20ac73.8 million compared to the previous fiscal year, solidifying its position as the world&#8217;s largest operator of the Airbus A220-300.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial Performance: Toward Stability and Growth<\/h2>\n\n\n\n<p>The year 2025 marked a milestone for airBaltic, recording a 4% increase in revenue. Although the airline closed the fiscal year with a net loss of \u20ac44.3 million, this figure represents a substantial improvement over the 2024 results.<\/p>\n\n\n\n<p><strong>Key Profitability Indicators<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Adjusted EBITDAR<\/strong> (Earnings Before Interest, Taxes, Depreciation, Amortization, and Restructuring or Rent): Stood at \u20ac143.9 million, with a margin of 18.5%.<\/li>\n\n\n\n<li><strong>Improvement Factors<\/strong>: Results were driven by stronger pricing discipline in the second half of the year and foreign exchange gains related to the revaluation of US Dollar-denominated liabilities.<\/li>\n\n\n\n<li><strong>Cost Pressures<\/strong>: Financial performance faced headwinds due to rising charges for air navigation, personnel, carbon emissions, and airport operational costs.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Operations and Fleet: Leadership in the A220 Segment<\/h2>\n\n\n\n<p>The airline transported a total of 5.2 million passengers across its own network (+1%), while the total passenger count reached 8.7 million (+5%) when including its various operating modalities.<\/p>\n\n\n\n<p><strong>Expansion of the ACMI Model<\/strong><\/p>\n\n\n\n<p>To mitigate the lack of aircraft availability caused by industry-wide engine maintenance issues, airBaltic strengthened its <strong>ACMI<\/strong> (Aircraft, Crew, Maintenance, and Insurance) segment.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>ACMI flights increased by 15%, accounting for 30,100 operations out of the total 78,400 flights performed by the company in 2025.<\/li>\n\n\n\n<li>The airline&#8217;s own fleet grew to 51 Airbus A220-300 aircraft, reaffirming its role as the primary global operator of this model.<\/li>\n\n\n\n<li>The <strong>load factor<\/strong> remained stable at 80.2%.<\/li>\n<\/ul>\n\n\n\n<p><strong><em>\u2192 <a href=\"https:\/\/aviacionaldia.com\/en\/2026\/02\/airbaltic-receives-its-54th-airbus-a220-300-consolidating-its-single-fleet-model.html\">airBaltic Receives Its 54th Airbus A220-300, Consolidating Its Single-Fleet Model<\/a><\/em><\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Investment in Strategic Infrastructure<\/h2>\n\n\n\n<p>During 2025, airBaltic focused not only on passenger transport but also expanded its technical and logistical capabilities to ensure long-term growth.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Training<\/strong>: Training capacity doubled with the addition of a new Airbus A220 Full Flight Simulator (FFS).<\/li>\n\n\n\n<li><strong>Maintenance and Cargo<\/strong>: Two new maintenance hangars were inaugurated, and the Baltic Cargo Hub\u2014one of the largest air cargo facilities in the Baltic region\u2014was launched.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">2026 Outlook: Connectivity and Technology<\/h2>\n\n\n\n<p>Looking ahead, airBaltic&#8217;s management, led by President and CEO Erno Hild\u00e9n, projects a strengthened commercial performance for 2026.<\/p>\n\n\n\n<p>&#8220;2025 was a challenging operational year due to engine maintenance issues that affected fleet availability. However, we saw steady demand and an improvement in the overall result, supported by more favorable conditions in the second half of the year&#8221;.<\/p>\n\n\n\n<p>For the current year, the airline plans to introduce high-speed onboard connectivity via Starlink, expand routes and frequencies from Baltic capitals, and take delivery of new aircraft to optimize its operational capacity.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"related-topics\">Related Topics<\/h2>\n\n\n\n\t\t\t<div class=\"wp-block-uagb-post-grid uagb-post-grid  uagb-post__image-position-top uagb-post__image-enabled uagb-block-9e302684     uagb-post__items uagb-post__columns-2 is-grid uagb-post__columns-tablet-2 uagb-post__columns-mobile-1 uagb-post__equal-height\" data-total=\"505\" style=\"\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<article class=\"uagb-post__inner-wrap\">\t\t\t\t\t\t\t\t<div class='uagb-post__image'>\n\t\t\t\t\t\t\t\t\t<a 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class='uagb-post__text uagb-post-grid-byline'>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"uagb-post__text uagb-post__cta wp-block-button\">\n\t\t\t\t<a class=\"wp-block-button__link uagb-text-link\" style=\"\" href=\"https:\/\/aviacionaldia.com\/en\/2026\/04\/ryanair-consolidates-albania-strategy-with-new-base-opening-in-tirana.html\" target=\"_self\" rel=\"bookmark noopener noreferrer\">Read More<\/a>\n\t\t\t<\/div>\n\t\t\t\n\t\t\t\t\t\t\t\t\t<\/article>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t","protected":false},"excerpt":{"rendered":"Latvian carrier airBaltic has reported its strongest financial and operational results to date in terms of turnover, reaching&hellip;\n","protected":false},"author":4316,"featured_media":167527,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","footnotes":""},"categories":[1],"tags":[829,230,269],"class_list":{"0":"post-185330","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-airlines","8":"tag-airbaltic-2","9":"tag-airline","10":"tag-europe"},"uagb_featured_image_src":{"full":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2024\/08\/airBaltic-Airbus-A220-300.jpg",800,400,false],"thumbnail":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2024\/08\/airBaltic-Airbus-A220-300-150x150.jpg",150,150,true],"medium":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2024\/08\/airBaltic-Airbus-A220-300-300x150.jpg",300,150,true],"medium_large":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2024\/08\/airBaltic-Airbus-A220-300-768x384.jpg",768,384,true],"large":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2024\/08\/airBaltic-Airbus-A220-300.jpg",800,400,false],"1536x1536":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2024\/08\/airBaltic-Airbus-A220-300.jpg",800,400,false],"2048x2048":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2024\/08\/airBaltic-Airbus-A220-300.jpg",800,400,false],"pk-small":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2024\/08\/airBaltic-Airbus-A220-300.jpg",80,40,false],"pk-thumbnail":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2024\/08\/airBaltic-Airbus-A220-300.jpg",300,150,false],"csco-small":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2024\/08\/airBaltic-Airbus-A220-300-80x80.jpg",80,80,true],"csco-intermediate":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2024\/08\/airBaltic-Airbus-A220-300-200x140.jpg",200,140,true],"csco-thumbnail":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2024\/08\/airBaltic-Airbus-A220-300-380x220.jpg",380,220,true],"csco-thumbnail-alternative":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2024\/08\/airBaltic-Airbus-A220-300-300x180.jpg",300,180,true],"csco-thumbnail-uncropped":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2024\/08\/airBaltic-Airbus-A220-300-380x190.jpg",380,190,true],"csco-medium":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2024\/08\/airBaltic-Airbus-A220-300.jpg",800,400,false],"csco-medium-alternative":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2024\/08\/airBaltic-Airbus-A220-300-560x336.jpg",560,336,true],"csco-medium-uncropped":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2024\/08\/airBaltic-Airbus-A220-300.jpg",800,400,false],"csco-large":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2024\/08\/airBaltic-Airbus-A220-300.jpg",800,400,false],"csco-large-uncropped":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2024\/08\/airBaltic-Airbus-A220-300.jpg",800,400,false],"csco-extra-large":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2024\/08\/airBaltic-Airbus-A220-300.jpg",800,400,false]},"uagb_author_info":{"display_name":"Redacci\u00f3n - Aviaci\u00f3n al D\u00eda","author_link":"https:\/\/aviacionaldia.com\/en\/author\/aad"},"uagb_comment_info":0,"uagb_excerpt":"Latvian carrier airBaltic has reported its strongest financial and operational results to date in terms of turnover, reaching&hellip;","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/posts\/185330","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/users\/4316"}],"replies":[{"embeddable":true,"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/comments?post=185330"}],"version-history":[{"count":1,"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/posts\/185330\/revisions"}],"predecessor-version":[{"id":185331,"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/posts\/185330\/revisions\/185331"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/media\/167527"}],"wp:attachment":[{"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/media?parent=185330"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/categories?post=185330"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/tags?post=185330"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}