airBaltic reports higher revenue and passenger numbers despite fuel cost surge

airBaltic said its quarterly revenue reached €250.1 million, a 15.3% increase, while its own network carried 1.41 million passengers, up 3.2%, and total passengers, including third‑party operations, rose to 3 million, up 17%.

Fuel spend climbed to €66.1 million, a 79.6% rise, and the higher fuel cost impact was estimated at €29.3 million; the airline cancelled about 5.7% of scheduled flights between March and October. In the first half of the year, revenue grew to €399.2 million, up 14.2%, with ticket revenue up 7.4% and ACMI revenue up 36.5%; its own network carried 2.5 million passengers, up 3.9%, with a 77.3% occupancy factor, and it operated 42,300 flights, up 16.2%, of which 18,300 were ACMI, up 35%.