Baltic Outlook December 2018 | Page 2

By the end of 2019, we already plan to have 22 Airbus A220-300 aircraft MARTIN ALEXANDER GAUSS Chief Executive Officer, airBaltic Dear guests of airBaltic, Another year and another fresh start is right ahead of us. We see next year as a great opportunity to continue our growth path by increasing flight frequencies and adding several new routes throughout the Baltics. By the end of 2019, we already plan to have 22 Airbus A220-300 aircraft in our fleet. With both fuel prices and the US dollar exchange rate growing, the additional efficiency provided by the new aircraft is essential to our successful operations. This year was very significant for us, as this May we made the largest announcement in airBaltic’s history – we ordered an additional 30 Airbus A220-300 aircraft with another 30 options that will enable our future growth. We are now the programme’s largest European customer, holding 71% of all European Airbus A220-300 orders. As we enter December, it is evident that we will very likely reach our target of carrying a record four million passengers in 2018. Much of that growth can be attributed to the new routes we launched this year, be it Lisbon, Malaga, Bordeaux, or Almaty. Notably, a growing number of airBaltic passengers appreciate the various ancillary services we offer. In the first three quarters, the number of passengers adding a fresh meal to their reservation grew by 45%, while advance seat reservations have grown by 29%. We are here to provide our customers the best service and punctuality, while keeping safety as our top priority. Our growth will mean more travel opportunities, more affordable prices, and more comfort on our flights. We will continue to work on connecting the Baltics to the whole world. On behalf of the airBaltic team, I wish you a peaceful and happy new year in 2019! Yours, Martin Alexander Gauss Baltic Outlook / 2018 / 1