The Baltic Region as it happens

airBaltic recognized as export champion of Latvia

2018 12 17

Latvian airline airBaltic received the Export Champion of Latvia title at the annual Export and Innovation Awards. Organised by the Investment and Development Agency of Latvia (LIAA) and Ministry of Economics of the Republic of Latvia, the awards acknowledge companies, which have successfully and noticeably represented Latvia in export markets.

In a press release issued by the airline, its CEO Martin Gauss stated: "We are delighted to be recognized as the Latvian export leader for the second time this year. I am proud that the rapid growth of airBaltic is valued and appreciated. This is a clear proof of the hard work our team has done and that our customers appreciate the quality and range of services we provide. We won't stop here, and will keep our sustainable development path in the upcoming years.

In 2018, airBaltic is continuing its stable growth path with improved operational and financial results. Over the first ten months of 2018, airBaltic has carried 18% more passengers than in the same period last year. In addition, the airline concluded the first half of 2018 with a total revenue of 180.8 million euros, which is a 19% increase over the same period last year.

The Export and Innovation Awards organised by LIAA in cooperation with the Ministry of Economics of the Republic of Latvia are in their 14th year. The awards aim to honour Latvian businesses, which have achieved good results by introducing innovative, quality products and services.

airBaltic serves over 70 destinations from Riga, Tallinn and Vilnius, and offers connections via Riga to its network spanning Europe, Scandinavia, the CIS and the Middle East.

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