Airbaltic: Drivers of Economic Growth in Regions
airBaltic: Drivers of Economic Growth in Regions 1 November, 2011 airBaltic highlights 11 November,November, 20112011 The Airline Pacesetter Award airBaltic 2010 Airline of Year 2009/10 in Europe by ERA ATW Phoenix Award 2010 (Oscar of the airline industry) 2010 in figures: 3.2million passengers, 69% load factor, +16% growth airBaltic flights from Riga 2011 11 November,November, 20112011 airBaltic total growth +16% passenger flows 2010, 1.3 m 1 1 November, 2011 . 3 m 0 .6 m Riga airport passenger growth 6 0 0 0 5 0 0 0 4 0 0 0 3 0 0 0 2 0 0 0 2 200 1 0 0 0 1 828 0 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 200 341 310 392 491 497 531 555 1 November, 2011 562 574 623 633 1 878 712 2 495 3 160 3 690 1 060 4 200 4 663 5 000 2 2003 2004 2005 2006 2007 2008 2009 2010 2011* * E stimated Riga establishing its place, airports by passengers 2010, mln 1 November, 2011 12,8 19,0 8,3 4,6 50,8 21,5 8,7 22,3 6,6 Airports (combined where applicable) by annual passengers 2010, in mln airBaltic passenger growth 4 000 000 3 500 000 3 000 000 2 500 000 2 000 000 1 500 000 1 000 000 500 000 0 12 806 1995 106 127 151 385 1996 173 652 1997 194 224 1998 218 270 1999 248 710 2000 262 212 2 590 357 336 367 2 008 522 2001 1 037 925 2 757 404 3 206 735 589 229 1 425 277 3527409 2002 1 November, 2011 2003 2004 2005 2006 2007 2008 2009 2010 2011E airBaltic 15 minute punctuality 89,00% 88,00% 87,80% 87,00% 86,00% 85,00% 84,00% 83,40% 83,00% 82,00% 81,00% 2010 2011Jan-Aug Essential differences between transfer and point-to-point models November 1, 2011 Development of a transfer-hub transforms the risk-profile November 1, 2011 Number of Maximum number of Routes markets served Point to Transfer Point Hub Increases number of markets that can be served on an exponential basis Enables capacity to be allocated where demand 2 4 6 (or yield) is highest 3 6 12 Minimises dependence on individual markets, 4 8 20 5 10 30 economies, currencies 6 12 42 It needs 7 14 56 – “Critical mass” 8 16 72 9 18 90 – Attractive pricing across the range of 10 20 110 markets ….
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