newstodate.aero
Jan 25, 2018 (newstodate): The Latvian carrier airBaltic builds its business model on transfer traffic, with Riga Airport as the carrier's main hub.
Prior to the latest global economic crisis, transfer traffic accounted for over half of the airline's total traffic, but in 2014 the proportion between transfer and point-to-point traffic had changed to 45/55.
This was further impacted by the effects from the deepening crisis over Ukraine, and in 2015 the proportion of transfer traffic had dropped to 40 percent, reflecting the sustained decline in the Russian air travel market.
Now, the carrier's Russian traffic is booming again, and on flights between points in Russia and Riga the proportion of transfer traffic has gone up from 54 percent in 2016 to 57 percent in 2017, according to figures provided by the carrier to a Russian media.
In 2017, the carrier operated flights from Riga Airport to three destinations in Russia, and in 2018 this will grow to five as flights will commence to new destinations Sochi and Kaliningrad boding well for a sustained rise in the use of Riga Airport as the carrier's hub for transfer traffic.
Overall, airBaltic's transfer traffic remained at 44 percent of total passengers in 2017, unchanged from the preceding year.
Prior to the latest global economic crisis, transfer traffic accounted for over half of the airline's total traffic, but in 2014 the proportion between transfer and point-to-point traffic had changed to 45/55.
This was further impacted by the effects from the deepening crisis over Ukraine, and in 2015 the proportion of transfer traffic had dropped to 40 percent, reflecting the sustained decline in the Russian air travel market.
Now, the carrier's Russian traffic is booming again, and on flights between points in Russia and Riga the proportion of transfer traffic has gone up from 54 percent in 2016 to 57 percent in 2017, according to figures provided by the carrier to a Russian media.
In 2017, the carrier operated flights from Riga Airport to three destinations in Russia, and in 2018 this will grow to five as flights will commence to new destinations Sochi and Kaliningrad boding well for a sustained rise in the use of Riga Airport as the carrier's hub for transfer traffic.
Overall, airBaltic's transfer traffic remained at 44 percent of total passengers in 2017, unchanged from the preceding year.