2.7 million Passengers were Served at Riga Airport in January–May; First Quarter Closes with Profit

Autors: Ilze Salna
Avots: Riga-airport.com

In May 2025, Riga Airport handled 683 000 passengers, bringing the total number of passengers since the beginning of the year to 2.7 million – a 7% increase as compared to the same period in 2024. The number of flights grew by 5% year-on-year, totalling 25 000 flights, while air cargo volumes rose by 10%, reaching 7 623 tonnes.In

May, the number of direct passengers exceeded pre-pandemic levels by 6%, and year-to-date figures are 8 % higher than in the same period of 2019.

Reklāma

The most popular destinations from Riga during this period were airports in Germany, the United Kingdom, and Finland. The majority of passengers travelled with the national carrier “airBaltic” (54.5%) and Irish low-cost airline “Ryanair” (25.8%).

First Quarter Financial Results

In the first quarter of 2025 (January–March), Riga Airport recorded a profit of EUR 848 000, compared to a loss of EUR 540 000 in the same period last year, according to the unaudited interim financial report. Revenue for the quarter reached EUR 17.4 million – an 8% increase year-on-year.

Passenger numbers in the first quarter increased by 8% compared to the same period in 2024. The number of flights reached 14 000 – a 10% rise – and cargo volumes totalled 4 600 tonnes, representing a 16% increase year-on-year. Growth in cargo volume was driven by higher cargo loads on scheduled passenger flights, expanded regular cargo operations, and additional volumes from flights operated by Uzbekistan-based airline “Fly Khiva”.

Investments and Sustainability Projects

During the first three months of the year, Riga Airport invested EUR 1.6 million in development projects. Investments included new furniture for the passenger terminal, ongoing reconstruction of the technical services building, renovation of two boarding gates, and the addition of three new electric utility vehicles.

Riga Airport also completed a major upgrade of its aerodrome power supply system. Key improvements included switching part of the 10 kV network to a 20 kV system, construction of a modern substation, installation of a 348-kW solar panel park, and the development of 27 electric vehicle charging stations.

These upgrades were implemented under the EU co-funded project "Development of Electricity Supply and Charging Infrastructure at Baltic Airports along the North Sea–Baltic CNC/TEN-T Corridor to Support Transition to Environmentally Friendly Operations", supported by the European Climate, Infrastructure and Environment Executive Agency (CINEA). These steps mark significant progress toward the Airport’s climate neutrality goal of zero emissions by 2035.

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