Record Flight Hours and Revenue for Training Arm

airBaltic Training, a subsidiary of the Latvian national airline airBaltic has released its performance results for 2024, highlighting strong growth in training activity, strategic service expansion, and increased revenue. Last year, the company generated nearly EUR 5.5 million in operating revenue – a 13% increase y-o-y. Overall, airBaltic Training recorded a positive financial result of close to EUR 190 thousand for 2024.

In 2024, more than 120 pilot students trained with airBaltic Training’s certified training fleet of 10 aircraft (nine Diamond DA40, one Diamond DA42). A new record was set for initial flight training with nearly 7.9 thousand flight hours, an 80% increase from the previous year.

Vilmantas Vaclovas Mažonas, CEO of airBaltic Training: “2024 was a confident and successful year for us. We set records in pilot and simulator training, expanded our maintenance and technical education programs, and further strengthened our role as a leading training center in the region. The airBaltic Pilot Academy – and in the future, also the Technical Academy – serve as a cornerstone of our long-term growth. Their successful operation is already delivering tangible results and will continue to play a vital role in advancing airBaltic’s overall growth strategy.”

Additionally, full flight simulator training hours reached a record 5,800 in 2024. A major strategic milestone was the installation and certification of a second Airbus A220 full-flight simulator at the airBaltic Training Center, significantly boosting capacity to serve both airBaltic pilots and external clients. This expansion supports growing demand and aligns with the airline’s long-term fleet strategy – currently operating 50 Airbus A220-300 aircraft, with plans to reach 100 by 2030.

There are 163 active students at the airBaltic Pilot Academy at the moment. Most of them are from the Baltic countries, however, there are students also from other EU countries such as Denmark, Germany, France, Finland, Spain and Italy among others. Overall, more than 10% of airBaltic Pilot Academy students are female. As for now, 131 students, after graduating, have joined airBaltic.

airBaltic Training also expanded its PART-147 certified maintenance training, delivering around 45% more courses y-o-y. The company increased its capacity for entry-level programs for aspiring maintenance staff. Meanwhile, partnership with Liepāja State Technical School continued successfully, with 65 new students enrolled in September 2024 for its aviation mechanics program.