Latvia’s transport minister says that the Latvian aviation industry could reach Swedish levels within the next decade.

The first charter flight from Seoul, Korea to Riga, Latvia arrived on Friday carrying a group that will travel around the Baltic countries.

The Latvian carrier says it will be cooperating with SAS under a codeshare agreement, benefitting passengers flying between capital cities around the Baltic Sea.

Net turnover at Riga International Airport, the Baltics’ biggest, increased in 2018 by 11% on the previous year.

The Latvian and increasingly pan-Baltic airline carried a record 4.1mn passengers in 2018 – and will expand further in 2019.

The Baltic region’s leading airport by passenger stats had another record year, and now further expansion is planned.

AviaAM Leasing, owned by Lithuanian aviation and pharma mogul Gediminas Ziemelis, is building up a hotel portfolio.

A new route from Riga to New York is in sight, says the CEO of the Latvian airline airBaltic, though initially through cooperation.

RIX is seeing 20% more passengers this year, as the Baltic region as a whole is witnessing a traffic boom.

Operating earnings are “significantly increased” from €3.4 million to €20.2 million.

Passenger numbers are on the rise at the Baltics’ biggest airport – and at Riga’s passenger port.

Transit traffic is 26% of Riga's passenger numbers

Airport and port passenger figures extend growth trend

Passenger figures back on the rise after long lull

Riga airport welcomes first Turkmenistan Airlines flight