AirBaltic – Traffic Forecasting
AviaSolutions has recently completed a traffic forecast assignment for airBaltic. AirBaltic is one of Europe’s fastest growing airlines, and to accommodate its rapid growth, is developing its own terminal at its main base in Riga. Our role was to provide detailed traffic forecasts that have informed the facilities requirements for the new terminal. Our forecasts involved an in-depth analysis of the future potential for connecting traffic over Riga, taking into account the size of individual connecting markets, geographic location, airBaltic’s schedule development and competition from nearby hubs. We also investigated the local market, considering factors such as the economy, growth in tourism and competition from other airlines.