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==Corporate affairs== The current head office at Riga Airport opened in 2016.<ref>{{cite web|url=https://www.airbaltic.com/en/new-headquarters-for-airbaltic|title=New Headquarters and Crew Centre for airBaltic|publisher=AirBaltic|date=2016-04-06|accessdate=2021-03-07}}</ref> ===Ownership=== airBaltic is a [[joint-stock company]], with current shareholders (as of December 2023):<ref>{{cite web|title= Basic company information (in Latvian)|url= https://www.airbaltic.com/lv/pamatinformacija-par-aviokompaniju}}</ref><ref>{{cite web|title= Basic company information (in English)|url= https://www.airbaltic.com/en/basic-company-information}}</ref> {| class="wikitable" style="margin:0.5em auto; text-align:center" |- ! style="background: #cdda32;" | Shareholders ! style="background: #cdda32;" | Interest |- | [[Latvia|State of the Republic of Latvia]] (represented by the [[Ministry of Transport (Latvia)|Ministry of Transport]])|| align=right|{{0}}97.97% |- | Aircraft Leasing 1 SIA (wholly owned by private investor Lars Thuesen)|| align=right|{{0}}2.03% |- | Other|| align=right|{{0}}0.000084% |- | '''Total'''|| align=right|'''100%''' |} ===Financials=== The airline's full accounts have not always been published regularly; figures disclosed by airBaltic via various publications are shown below (for years ending 31 December): {| class="wikitable sortable" style="margin:0.5em auto; text-align:center" |- ! style="background: #cdda32;" |{{abbrlink|Year|Fiscal year}} ! Turnover<br>([[Euro|β¬m]]) ! Net profit<br>([[Euro|β¬m]]) ! Number of<br>employees{{Efn|at year end|name=at year end}} ! Number of<br>passengers (m) ! Passenger<br>load factor (%) ! Number of<br>aircraft{{Efn||name=at year end}} !References |- | style="background: #cdda32;" |2007 | | | | | | 21 |<ref name="2007 figures">{{cite web |author = <!-- not stated --> |date = 2007-12-12 |title = airBaltic in November carried 53% more passengers than last year |url = https://www.tours.lv/?module=news&action=read_more&id=2084 |website = tours.lv |publisher = tours.lv |access-date = 6 March 2025 }}</ref> |- | style="background: #cdda32;" |2008 | | | | 2.6 | 62 | 28 |<ref name="2008 figures">{{cite web |title=airBaltic in 2008 carried 29% more passengers than the year before (archived) |url=http://www.airbaltic.com/public/46089.html |url-status=dead |archive-url=https://web.archive.org/web/20110513053314/http://www.airbaltic.com/public/46089.html |archive-date=13 May 2011 |access-date=20 August 2013 |publisher=airBaltic}}</ref><ref name="fleet">{{cite web |title=airBaltic and SMS |url=https://www.transportstyrelsen.se/globalassets/global/luftfart/seminarier_och_information/seminarier-2013/amqm-dagen-2013/09-airbaltic-and-sms-fran-amqm-2011.pdf |access-date=17 December 2015 |publisher=airBaltic}}</ref> |- | style="background: #cdda32;" |2009 | 261 | 20 | | 2.8 | 68 | 31 |<ref name="fleet" /><ref name="CAPA">{{cite web |title=airBaltic's restructuring plan is in full swing, but competition from Estonian Air is rising |url=http://centreforaviation.com/analysis/airbaltics-restructuring-plan-is-in-full-swing-but-competition-from-estonian-air-is-rising-74754 |access-date=31 May 2013 |publisher=CAPA Centre for Aviation}}</ref><ref name="2010 figures">{{cite web |title=airBaltic carries over 3 million passengers in 2010 |url=http://www.airbaltic.com/public/46089.html |url-status=dead |archive-url=https://web.archive.org/web/20110513053314/http://www.airbaltic.com/public/46089.html |archive-date=13 May 2011 |access-date=31 May 2013 |publisher=airBaltic}}</ref> |- | style="background: #cdda32;" |2010 | 292 | {{color|red|β52}} | 1,443 | 3.2 | 69 | 35 |{{Nowrap|<ref name="CAPA" /><ref name="2010 figures" /><ref name="2012 results">{{cite web |title=airBaltic Beats Expectations for 2012, Improves Result by LVL +66 Million |url=http://www.airbaltic.com/public/51803.html |url-status=dead |archive-url=https://web.archive.org/web/20130601115227/http://www.airbaltic.com/public/51803.html |archive-date=1 June 2013 |access-date=31 May 2013 |publisher=airBaltic}}</ref><ref name="Latvia">{{cite news |date=6 September 2011 |title=Latvia steps in to save national carrier AirBaltic |url=https://www.reuters.com/article/latvia-airbaltic-idUSL5E7K64VQ20110906 |access-date=31 May 2013 |work=Reuters}}</ref><ref name="CAPA2">{{cite web |title=Restructuring rigour from Riga: airBaltic narrows 2012 net loss |url=http://centreforaviation.com/analysis/restructuring-rigour-from-riga-airbaltic-narrows-2012-net-loss-106583 |access-date=17 December 2015 |publisher=CAPA Centre for Aviation}}</ref>}} |- | style="background: #cdda32;" |2011 | 327 | {{color|red|β121}} | | 3.3 | 75 | 34 |<ref name="2012 results" /><ref name="CAPA2" /> |- | style="background: #cdda32;" |2012 | 325 | {{color|red|β27}} | 1,100 | 3.1 | 72 | 28 |<ref name="2012 results" /><ref name="Passengers">{{cite web |title=airBaltic Serves 3.08 Million Passengers in 2012 |url=http://www.airbaltic.com/public/51046.html |url-status=dead |archive-url=https://web.archive.org/web/20130601075526/http://www.airbaltic.com/public/51046.html |archive-date=1 June 2013 |access-date=31 May 2013 |publisher=airBaltic}}</ref><ref name="2013 results">{{cite web |date=16 April 2014 |title=airBaltic Profits and Annual Report Approved |url=https://www.airbaltic.com/airbaltic-profits-and-annual-report-approved |access-date=17 August 2021 |publisher=AirBaltic}}</ref> |- | style="background: #cdda32;" |2013 | 325 | 1 | | 2.9 | | 25 |<ref name="2013 results" /> |- | style="background: #cdda32;" |2014 | 300 | 9 | | 2.6 | 70 | 24 |<ref>{{cite web |title=airBaltic concludes the year 2014 with EUR 9 mln profit |url=http://www.baltic-course.com/eng/good_for_business/?doc=103613 |access-date=7 April 2015 |publisher=The Baltic Course}}</ref><ref>{{cite web |title=airBaltic serves 2.63 million Passengers in 2014 |url=https://www.airbaltic.com/en/airbaltic-serves-2.63-million-passengers-in-2014 |access-date=17 December 2015 |publisher=AirBaltic}}</ref> |- | style="background: #cdda32;" |2015 |285 |19.5 |1,171 |2.6 |71 |24 |<ref>{{cite web |title=Company Overview of Air Baltic Corporation AS |url=https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapid=779086 |url-status=bot: unknown |archive-url=https://web.archive.org/web/20160307212623/http://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapid=779086 |archive-date=2016-03-07 |access-date=11 November 2015 |publisher=Bloomberg}}</ref><ref>{{cite news |date=12 May 2016 |title=airBaltic posts β¬19m profit in 2015 |url=http://www.lsm.lv/en/article/economics/economy/airbaltic-posts-19m-profit-in-2015.a182450/ |access-date=28 May 2016 |publisher=LSM.lv |agency=eng.lsm.lv}}</ref> |- | style="background: #cdda32;" |2016 |286 |1.2 |1,266 |2.9 |74 |25 |<ref name="Results2017">{{cite web |title=airBaltic Reports Best Ever Operational Results in 2017 |url=https://www.airbaltic.com/en/airbaltic-reports-best-ever-operational-results-in-2017 |access-date=15 October 2019 |publisher=AirBaltic}}</ref> |- | style="background: #cdda32;" |2017 |348 |4.6 |1,415 |3.5 |76 |30 |<ref name="Results2017" /> |- | style="background: #cdda32;" |2018 |409 |5.4 |1,585 |4.1 |75 |34 |<ref name="Results2018">{{cite web |title=airBaltic reports profit of 5.4 million in 2018 |url=https://www.airbaltic.com/en/airbaltic-reports-profit-of-5.4-million-in-2018 |access-date=15 October 2019 |publisher=AirBaltic}}</ref><ref name="Record2018">{{cite web |date=22 January 2019 |title=airBaltic served a record number of passengers in 2018 after another double-digit improvement |url=http://www.rusaviainsider.com/airbaltic-served-record-number-passengers-2018/ |access-date=15 October 2019 |publisher=Russian Aviation Insider}}</ref> |- | style="background: #cdda32;" |2019 |503 |{{color|red|β7.7}} |1,716 |5.0 |76 |39 |<ref name="Results2019">{{cite web |title=airBaltic annual report β record 503 million revenue |url=https://www.airbaltic.com/en/airbaltic-annual-report-record-503-million-revenue |access-date=12 July 2020 |publisher=AirBaltic}}</ref><ref name="Results2020">{{cite web |date=15 April 2021 |title=airBaltic Sustainability and Annual Report 2020 ENG |url=https://www.airbaltic.com/sustainability/img/airBaltic_Sustainability_and_Annual_Report_2020_ENG.pdf |access-date=17 August 2021 |publisher=AirBaltic}}</ref> |- | style="background: #cdda32;" |2020 |140{{efn-lg|group=financial|name=R2021|Reclassified}} |{{color|red|β278}}{{efn-lg|group=financial|name=R2021|Reclassified}} |1,195 |1.3 |52 |37 |<ref name="Results2020" /><ref name="Results2021">{{Cite web |title="airBaltic Sustainability and Annual Report 2021 ENG" |url=https://www.airbaltic.com/sustainability/img/airBaltic_SR_2021.pdf |publisher=AirBaltic}}</ref> |- | style="background: #cdda32;" |2021 |202 |{{color|red|β134}} |1,559 |1.6 |54 |44 |<ref name="Results2021" /> |- | style="background: #cdda32;" |2022 |500 |{{color|red|β54.2}} |2,143 |3.3 |71 |39 |<ref name="Results2022">{{Cite web |date=3 March 2023 |title="airBaltic Sustainability and Annual Report 2022 ENG" |url=https://www.airbaltic.com/sustainability/img/airB_report_2022_FIN_parakstits_FIN.pdf |url-status=dead |archive-url=https://web.archive.org/web/20230313212204/https://www.airbaltic.com/sustainability/img/airB_report_2022_FIN_parakstits_FIN.pdf |archive-date=13 March 2023 |access-date=14 March 2023 |publisher=AirBaltic}}</ref> |- | style="background: #cdda32;" |2023 |668 |33.7 |2,531 |4.5 |77 |46 |<ref name="Results2023" /> |- | style="background: #cdda32;" |2024 |'''747''' |'''{{color|red|β118.2}}''' |'''2,786''' |'''5.1''' |'''81''' |'''49''' |<ref name="Results2024">{{Cite web|url=https://assets.airbaltic.com/f/236210/x/d5e6f752c1/air-baltic-corporation-as-annual-report-2024.pdf |title=airBaltic Group Annual results 2024|website=airbaltic.com|access-date=13 March 2025}}</ref> |} {{notelist-lg|group=financial}}
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