In its first full year of operation, the budget transatlantic carrier saw revenue jump from $104.3 million in 2022 to $439.4 million in 2023, while flight numbers rose from 1,451 to 4,002.
Despite this, the carrier was only able to reduce its losses slightly from 2022’s deficit of $175 million.
The airline’s average fare was $304 compared with $215 the previous year, while ancillary sales per passenger rose from $47 to $83. Average load factors increased from 62% to 74%.
The carrier ended 2023 with cash totalling $54.8 million, compared with $69.7 million a year earlier.
