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2024-01-15 08:00:00 CET 2024-01-15 07:59:55 CET AB Novaturas - Other informationPreliminary December results of Novaturas: new airline partners in Estonia, focus on sustainabilityNovaturas Group, the leader in the Baltic tourism market, estimates that the total revenue of the company for the period of January to December, 2023 reached EUR 208 mln., which is a 6% increase compared to the same period in 2022. The number of customers served was approx. 259 thsnd., compared to around 267 thsnd. in the same period last year. The revenues in December accounted for EUR 8.2 mln. due to the optimisation of the offering of the Egypt destination, managing the risks of demand volatility related to the events in Israel and adjusting the number of flights accordingly. At this time last year, the revenues reached EUR 9.5 mln. Novaturas served around 8 thsnd. customers, compared to around 9.3 thsnd. last year. Kristijonas Kaikaris joins the team For the past three years, Mr Kaikaris has been the CEO of CityBee, a car-sharing service company. Prior to that, he was the CEO of charter airline company Small Planet Airlines for almost three years. Mr Kaikaris has worked in the IT sector for a large part of his career: for four years he headed the Lithuanian offices of international technology companies Microsoft and Oracle, as well as served as the President and Board Member of the Infobalt association, and worked in the sales department of IBM. Announcing long-term partnership with Heston Airlines in Estonia Punctuality, quality service, safety, sustainability, flexibility, modern flight solutions and other customer benefits are the priorities for both companies. The representatives of Heston Airlines shared that their long-term partnership with Novatours aims to guarantee the best experience for travellers. The company operates a modern Airbus A320 aircraft that is only seven years old, which also ensures better fuel efficiency. Offering sustainable choice hotels Novaturas has relied on a third-country certification and labelling system to select such hotels. This means that “Sustainable choice” hotels have a sustainability label recognised by the Global Sustainable Tourism Council (GSTC). Such hotels already account for more than a third of the company’s total offering in Lithuania, Latvia and Estonia, and the range is planned to expand further. In the 2023–2024 winter and 2024 summer seasons, the company offers a range of more than 950 sustainable accommodation options. About the company Novaturas Group is the largest and the only charter flights‘ local tour operator in the Baltic States, offering summer and winter trips to more than 30 destinations worldwide and more than 100 tours. In 2022, Novaturas Group recorded revenues of EUR 197 million and served 267 000 passengers in Lithuania, Latvia and Estonia. Vygantas Reifonas +370 687 21603 ![]() |
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