AB Novaturas

In March, the “Novaturas” group served 14.2 thousand customers, and the group’s turnover amounted to 10.9 million euros. In total, from January to March, the company served 36,400 customers, down 11% from the same period in 2019 before the pandemic. The cumulative turnover from January to March reached 27.6 million euros and was only 4% lower than the corresponding period in 2019. .

“We are closing the first quarter of this year with strong financial results. Both in terms of the number of travelers served and the revenue generated in March, for the first time since the pandemic, we exceeded the results for the same month of 2019 Compared to March 2019, this year we served 5% more people and generated 11% more revenue,” says Vitalij Rakovski, Head of “Novaturas” Group.

The company notes that in the second half of March, the number of new group-wide bookings began to recover, which had temporarily dropped significantly due to Russia’s war against Ukraine. “During the last week of March and the first days of April, the average number of new sales reached the usual level. People are still planning and buying trips for a short-term departure period, but the fact that the speed of sales has returned to normal , gives optimism that the summer vacation season has started, ”explains the head of the company.

In March, the company operated flights from the Baltic markets to Egypt, Tenerife, Madeira, the United Arab Emirates, ski resorts in France and Italy and long-haul destinations – Cuba, Mauritius, Thailand, Maldives , Zanzibar and Seychelles. 26and in March, the company opened its summer holiday season with a first flight from Vilnius to Turkish seaside resorts.

About the group “Novaturas”

AB Group “Novaturas” is the largest tour operator in the Baltic States, offering summer and winter vacation packages to more than 30 destinations worldwide and more than 100 tourist routes. In 2019, the group served more than 293,000 customers.

Financial director
Giedrius Ribakovas
+370 616 79601