airBaltic leaving Russia - once its single largest market outside the Baltics

Published: 07-03-2022 airBaltic leaving Russia - once its single largest market outside the Baltics

Mar 07, 2022 (newstodate): Latvia's airBaltic has decided to pull out from the Russian market "until further notice", after having earlier suspended services to Russia.
   Before the Ukrainian crisis, Russia was airBaltic's single largest market outside the Baltic region, competing with the German market.
   In 2015, airBaltic carried 160,000 passengers on its route between Moscow and Riga, growing 31.3 percent to 210,000 passengers in 2016, and in 2017 the volume grew by another 9.5 percent to 230,000 passengers, with transit traffic driving the development.
   In 2018, Russia became the third most popular destination for passengers departing from Riga Airport, with passenger traffic from Riga to Russia rising 17.2 percent, y-o-y, to 747,500 on routes served by airBaltic, Aeroflot and UTair.
   In April 2020, Yekaterinburg became the carrier's sixth Russian destination alongside Moscow served since 1998, St Petersburg served since December 15, 2004, Kaliningrad served from April 16, 2017, Sochi served from May 14, 2018, and Kazan served since April 26, 2017.

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