Aviation Pros
Riga Airport has published its annual Sustainability Report, which summarizes the company's most significant work and events in 2020, when the aviation industry was hit hard by the crisis caused by the COVID-19 pandemic. Despite the decline in the number of passengers, the airport last year implemented significant infrastructure development projects and achieved the set goals to reduce its environmental impact.
Riga Airport is the largest air traffic infrastructure company in the Baltics and last year served 43% of passengers, 40% of flights, as well as 44% of the total cargo volume in the region, maintaining a stable leading position in the region. In 2020, there were 17 airlines operating at the airport, of which the largest share in terms of passenger numbers was carried by the national airline airBaltic (57%). Last year, 76 % of passengers arrived at Riga Airport on direct flights, whereas 24% were transfer passengers.
The airport's net turnover in 2020 was 29.8 million euros. Although the company's revenue fell by 54% as a result of the crisis, the airport paid EUR 11.38 million in taxes to the state budget last year.
