RIX Riga Airport’s turnover reached EUR 38.8 million in the first half of this year, representing an increase of 1.5% compared to the corresponding period last year, according to the unaudited condensed interim report for the first six months of 2026.
Revenue from aviation services amounted to EUR 22.5 million, up 1.3% year-on-year, while revenue from non-aviation services increased by 1.8% to EUR 16.3 million.
The Airport’s operating expenses totalled EUR 38 million in the first half of 2026, approximately 5% higher than during the same period last year. The increase was primarily driven by colder winter weather, new contracts for goods and service supplies at higher prices due to geopolitical developments and rising fuel costs, as well as higher depreciation expenses.
As a result, Riga Airport closed the first half of 2026 with a profit of EUR 2.7 million.
The number of flights handled increased by 1% to 31,000 flights, while the total number of passengers served at Riga Airport between January and June reached 3.3 million. Meanwhile, the volume of air cargo handled grew by 57% to 14,000 tonnes.
Service volumes across the aviation sector continue to be affected by the geopolitical situation, including Russia’s war against Ukraine, related restrictions and airspace closures, as well as the escalation of the conflict in the Middle East. Additional pressure on the industry stems from rising energy prices, including aviation fuel costs, driven by global supply chain disruptions.
During the first half of the year, Riga Airport invested EUR 11.2 million in development projects. The reconstruction of Apron 4, construction of new parking facilities, and redevelopment of the technical services building progressed during the reporting period. Reconstruction of taxiway infrastructure was also launched. The Airport also enhanced its drone detection and counter-drone system and upgraded security equipment.
As part of its sustainability initiatives, Riga Airport this year began operating a 2 MW solar power park, acquired electric vehicles, and is preparing for further hydrogen technology trials on the airfield.
Riga Airport is a fast-growing Northern European air traffic hub, connecting the Baltic countries with European business centres and popular holiday destinations. Being aware of its role and responsibility in the national economy of Latvia, Riga Airport develops sustainable services and infrastructure, taking care of its employees and the environment, and keeping pace with society and the local community. By joining the Net Zero 2050 initiative, Riga Airport has committed to achieving climate neutrality by 2035.