Air Baltic Corp AS 2024 AR2
The report details airBaltic's operational and financial performance for the fiscal year 2024, highlighting a record-breaking 5.13 million passengers carried and total revenues of EUR 748 million. Despite strong operational growth, the company faced significant challenges, including global engine maintenance issues and a macroeconomic downturn in its core Baltic markets, resulting in a net loss of EUR 118.2 million. On the sustainability front, airBaltic prepared its first consolidated Sustainability Statement in accordance with the European Sustainability Reporting Standards (ESRS) and aligned its fleet modernization with the EU Taxonomy Regulation, achieving 47% taxonomy-aligned turnover.
Company: Air Baltic Corp AS
Sector: Transport & logistics
Country: Latvia
Year: 2024
Type: AR2
Pages: 214
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Air Baltic Corp AS
Annual Report
The report details airBaltic's operational and financial performance for the fiscal year 2024, highlighting a record-breaking 5.13 million passengers carried and total revenues of EUR 748 million. Despite strong operational growth, the company faced significant challenges, including global engine maintenance issues and a macroeconomic downturn in its core Baltic markets, resulting in a net loss of EUR 118.2 million. On the sustainability front, airBaltic prepared its first consolidated Sustainability Statement in accordance with the European Sustainability Reporting Standards (ESRS) and aligned its fleet modernization with the EU Taxonomy Regulation, achieving 47% taxonomy-aligned turnover.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees