## Company Profile JSC Strike Aviation LT Latvijas filiāle is the Latvian branch of a regional air-freight forwarding / air charter operator (contact evidence at https://www.strike.aero/contacts/). As a freight forwarder operating from Riga, they likely handle air charters, scheduled airfreight, temperature-controlled shipments and time-sensitive cargo into/out of Latvia and the Baltic states. Operating from Riga (the largest Baltic air hub), they serve exporters of perishables (berries, flowers), pharmaceuticals, e-commerce parcels, and high-value small-bulk goods. Scale: branch-level operator serving regional shippers and leveraging RIX gateway capacity; exact company scale not publicly listed in available sources. ## Pain Points 1) Volatile Europe–Asia capacity and rate swings (2026): Middle East/Iran conflict and airspace closures are rerouting traffic and creating sporadic shortages on Asia–Europe lanes — Strike’s customers (perishables, pharma, e‑commerce) need reliable, bookable capacity and stable pricing for time‑critical shipments. 2) Seasonal peak capacity for perishables/flowers (May–Oct for berries; Jan–Mar for flowers) strains slot availability and cold‑chain coordination at Riga — forwarders must secure buyers/freight and guaranteed uplift windows during short harvest/season windows. 3) Limited access to direct Asia routings and increased preference for EU‑based, compliance‑safe sourcing channels: clients want buyers and alternate routes that avoid sanctioned airspace and Gulf hub instability; forwarders need a trusted channel to originate cross‑border trade and close deals quickly. (How Tridge Ark helps: provides an AI‑agent channel that originates exporters/importers, matches buyers, and coordinates booked capacity/end‑to‑end delivery — relieving Strike from execution and giving their clients reliable market access.) ## Intel Summary === MULTI-DIMENSION RESEARCH === === 1. DEMAND SIGNALS (LATVIA / RIGA AIR FREIGHT DEMAND 2026) === • **Throughput & growth at Riga Airport** - Cargo handled at Riga International Airport reached **20.1 thousand tonnes in 2025**, up **7.2% vs. 2024** according to Latvia’s Central Statistical Bureau (CSB).([stat.gov.lv](https://stat.gov.lv/en/statistics-themes/business-sectors/freight-transport/press-releases/27620-freight-carried-and?utm_source=openai)) - Riga Airport itself reports **18.6–18.8 thousand tonnes in 2024**, a **~2% decline vs. 2023**, but a rebound in late 2024 driven by new cargo routes (Lufthansa Cargo, Fly Khiva).([riga-airport.com](https://www.riga-airport.com/en/news/number-passengers-riga-airport-increased-7-last-year?utm_source=openai)) - Media coverage on 2025 performance confirms **cargo up 7% to ~20,100 t in 2025** and notes that sanctions on Russia/Belarus and closed airspace still limit direct Asia flows but that two new freighter operators have entered.([eng.lsm.lv](https://eng.lsm.lv/article/economy/transport/09.01.2026-more-than-7-million-passengers-used-riga-airport-in-2025.a629229/?utm_source=openai)) • **E‑commerce demand into / via Riga (structural driver)** - Riga Airport’s 2024 non‑financial report highlights an **“e‑commerce air cargo programme from China (Hangzhou and Hong Kong)”**, and later documents mention **e‑commerce cargo from Hong Kong** as a core development project, indicating dedicated integrator / postal or e‑com charters into RIX.([riga-airport.com](https://www.riga-airport.com/en/media/4160/download?utm_source=openai)) - Regional context: the Baltics are relatively small but **fast‑growing e‑commerce markets**; Statista projects **+54% growth in Baltic e‑commerce revenue between 2024 and 2029**, with Latvia and Estonia among the fastest‑growing markets in CEE.([statista.com](https://www.statista.com/topics/11321/e-commerce-in-the-baltics/?utm_source=openai)) - A Baltic digital agency owner notes that major Baltic e‑commerce brands see **no noticeable drop in online traffic even during Christmas**, implying sustained online demand and, by extension, parcel flows year‑round.([reddit.com](https://www.reddit.com/r/BalticStates/comments/1pwugnw/baltic_states_internet_usage_during_christmas/?utm_source=openai)) • **Commodity mix: perishables & high‑value goods** - Latvian forwarder/handler LETT 2000, operating at Riga Airport, lists **perishables and pharmaceuticals** among its core air cargo commodities, alongside electronics and dangerous goods, confirming that RIX is equipped and used for temperature‑controlled traffic.([lett2000.lv](https://lett2000.lv/air-freight?utm_source=openai)) - Global data from IATA’s Cargo Media Day (2025) shows that **perishables (including food)** account for **19% of air cargo**, **flowers 12%**, and fish among the fastest‑growing segments (+10% YoY in 2025).([iata.org](https://www.iata.org/globalassets/iata/pressroom/gmd/cargomediaday_2025.pdf?utm_source=openai)) - Latvia’s 2024 trade data show **growing exports of pharmaceutical goods**, with some sources citing **pharma export value over €13.8m and quantities ~128 t** (broad HS “pharmaceutical goods”) and an upward trend in 2024 vs. 2023.([globalxtrade.org](https://globalxtrade.org/news/latvia-exports-of-pharmaceutical-goods-in-2024-reached-4173532-eur-and-increased-compared-to-2023/?utm_source=openai)) - World Bank/UN Comtrade data for HS 060310 indicate **Latvia exports fresh cut flowers and buds**, with 2024 exports to Russia exceeding **1.7 million kg** for that HS code alone, suggesting a sizeable re‑export / transit flower trade likely moving partly by air, especially for high‑value consignments.([wits.worldbank.org](https://wits.worldbank.org/trade/comtrade/en/country/LVA/year/2024/tradeflow/Exports/partner/ALL/product/060310?utm_source=openai)) • **Baltic / regional market positioning** - Riga is marketed by port authorities and logistics stakeholders as the **largest air hub in the Baltics**, with close integration to ferry and road networks enabling multimodal cargo flows.([rop.lv](https://rop.lv/en/cargo?utm_source=openai)) - Lithuania’s and Estonia’s airports are seeing strong passenger growth, but long‑haul cargo frequencies and specialized e‑commerce programs are still more developed via RIX, which is explicitly positioning itself as a regional cargo gateway.([aviation24.be](https://www.aviation24.be/airports/riga/riga-airport-maintains-stability-in-2025-with-7-1-million-passengers-and-growing-cargo-volumes/?utm_source=openai)) • **2026 outlook signals for air freight demand via Latvia** - Riga Airport leadership forecasts **“moderate but steady growth in 2026”** in line with Latvia’s GDP, acknowledging that geopolitical constraints (Russia/Belarus airspace, Iran war) cap upside from Asian carriers.([eng.lsm.lv](https://eng.lsm.lv/article/economy/transport/09.01.2026-more-than-7-million-passengers-used-riga-airport-in-2025.a629229/?utm_source=openai)) - IATA’s global 2026 outlook foresees **+2.6% growth in cargo tonne‑kilometers in 2026** and **yields remaining ~30% above 2019**, with ongoing strength in time‑sensitive cargo and e‑commerce. This environment supports continued use of secondary gateways like Riga for high‑value and e‑com flows, especially as capacity tightness and rerouting through the Middle East raise transit risk at larger hubs.([iata.org](https://www.iata.org/en/pressroom/2025-releases/2025-12-09-01/?utm_source=openai)) **Implications:** - Hard data already show **7% cargo growth in 2025 at RIX** and new e‑commerce programs from China, indicating structurally rising demand. - Product mix is skewing toward **e‑commerce parcels, pharma, flowers and other perishables**, where air freight is essential and relatively price‑inelastic vs. bulk trades. - For 2026, expect **mid‑single‑digit tonnage growth** at RIX (roughly in line with IATA’s global CTK forecast) assuming no further major airspace closures; upside exists if Asia–Europe rerouting further advantages Northern routes that can feed via Baltic gateways. **Sources (Demand Signals):** ([stat.gov.lv](https://stat.gov.lv/en/statistics-themes/business-sectors/freight-transport/press-releases/27620-freight-carried-and?utm_source=openai)) === 2. PROBLEM FRAMING (EUROPE–ASIA CAPACITY, RATE VOLATILITY & BALTIC IMPACT 2026) === • **Macro supply–demand balance on Europe–Asia in 2026** - IATA’s March 2026 market analysis shows **global CTK down 4.8% YoY**, with **international traffic ‑5.5%**, but **Asia‑Pacific carriers still posting +5.4% CTK growth** while capacity (ACTK) rose +5.0%. Europe‑based carriers show **+2.2% CTK** with **+4.2% capacity**, implying mild over‑capacity on European networks overall.([iata.org](https://www.iata.org/en/iata-repository/publications/economic-reports/air-cargo-market-analysis-march-2026/?utm_source=openai)) - Transport Research Advisory’s January 2026 freighter outlook indicates that **air cargo capacity has grown on most major trade lanes**, including **Europe–Far East and Europe–Middle East**, with **double‑digit capacity growth (up to ~14%) on some Asia‑related flows** compared with a 2010 baseline.([istat.org](https://www.istat.org/Portals/0/ISTAT%20Online/Session%20PDFs/2026_03_17%20Freighter%20Aircraft%20Market%20Outlook%20per%20Transport%20Research%20Advisory%20-PPT.pdf?ver=PDNQJFSji7Tahm9PC-BTIg%3D%3D&utm_source=openai)) - A 2026 supply chain outlook from UPS forecasts that **air freight capacity will grow faster than demand in 2026**, creating **structural oversupply in several regions**, though Asia–Europe remains one of the tighter corridors because of rerouting and geopolitical risk premiums.([es-us-apps.ups.com](https://es-us-apps.ups.com/us/en/supplychain/resources/news-and-market-updates/2026-supply-chain-outlook?utm_source=openai)) • **Middle East / Iran war & rerouting effects** - IATA reports that as of March 2026, **Middle East carriers’ cargo demand collapsed by ~54% YoY and capacity by ~52%**, bringing their global share under heavy pressure due to airspace closures and conflict around Iran and Gulf hubs.([iata.org](https://www.iata.org/en/pressroom/2026-releases/2026-04-29-03/?utm_source=openai)) - An assessment by the Finnish Chamber (ICC Finland) estimates that **global cargo capacity is down 20%**, with **Middle East capacity down 60%**, directly linked to the regional conflict.([icc.fi](https://www.icc.fi/wp-content/uploads/2026/03/impact-of-middle-east-conflict-on-airline.pdf?utm_source=openai)) - Airlines are **rerouting Europe–Asia traffic**, adding **45–120 minutes of block time per sector** when diverting around Iran/Red Sea, often via **Turkey, Central Asia, Oman or Saudi Arabia**, with payload penalties on long‑haul widebodies; analysts note that such structural shifts tend to persist even after conflicts ease.([safefly.aero](https://safefly.aero/middle-east-war-cargo-charter-research/?utm_source=openai)) - IATA’s analysis of the Middle East in global traffic underscores the region’s pre‑war role as a hub with **~13% of global air cargo capacity and ~67m connecting passengers in 2025**, amplifying the system‑wide effect when that hub system is disrupted.([iata.org](https://www.iata.org/en/publications/economics/reports/the-middle-east-in-global-air-traffic/?utm_source=openai)) • **Rate volatility on Europe–Asia** - WorldACD and other market trackers report that **global chargeable weight fell 4–5% in March 2026**, notably **Europe and Asia‑Pacific both down ~4–5%**, but with **Asia–Europe demand still +14.2% YoY in March 2026** according to regional logistics analysts, keeping pressure on rates where capacity is constrained by rerouting.([asiacargonews.com](https://asiacargonews.com/en/news/detail?id=11994&utm_source=openai)) - A recent air freight pricing review referencing IATA data shows **air cargo demand up 11.2% in February 2026**, with a **Baltic Air Freight Index +15.8% YoY**, and warns of **“continued rate pressure” on Asia–Europe** as fuel costs rise and Gulf hubs remain partially offline.([airfreightprice.com](https://airfreightprice.com/blog/iata-air-cargo-demand-growth-february-2026/?utm_source=openai)) - Despite declining yields globally (**‑2.6% YoY in 2025**, with further softening expected), IATA projects **2026 cargo yields still ~30% above 2019**, driven in part by elevated risk and longer routings on long‑haul corridors like Europe–Asia.([iata.org](https://www.iata.org/en/pressroom/2025-releases/2025-12-09-01/?utm_source=openai)) • **Specific implications for Baltic air cargo lanes (Riga / Latvia)** - Russia and Belarus airspace closures (since 2022) already pushed **Northern Europe–Asia flows southward**, reducing the attractiveness of Riga as a direct overflight hub for Northeast Asia and central Russia; this is explicitly cited by Riga Airport as a constraint on attracting Asian carriers.([eng.lsm.lv](https://eng.lsm.lv/article/economy/transport/09.01.2026-more-than-7-million-passengers-used-riga-airport-in-2025.a629229/?utm_source=openai)) - The current Middle East conflict and Iran war further reduce the relative advantage of **Gulf “super‑connector” hubs** (Dubai, Doha, etc.), potentially **re‑balancing some flows via Turkish, Central Asian and European hubs**. For the Baltics, this has two opposing effects: - **Negative:** longer, more expensive air routes from Asia can push some shippers back to sea or rail–sea options, and capacity is re‑deployed toward the densest O/D pairs, potentially bypassing small gateways like Riga. - **Positive:** certain **time‑critical or sanctioned trades (pharma, high‑tech, defense‑related, e‑commerce)** may prefer **EU‑based, non‑Russian, non‑Belarusian routing** via smaller, less congested hubs. The observed **Baltic Air Freight Index +15.8% YoY** in early 2026 suggests that at least part of the market is tilting toward Baltic capacity despite global softening.([airfreightprice.com](https://airfreightprice.com/blog/iata-air-cargo-demand-growth-february-2026/?utm_source=openai)) - Structural oversupply at large Western European hubs (Frankfurt, AMS, CDG) combined with **shortage emerging at some Asia–Gulf–Europe routings** means shippers may look to secondary hubs with available slots and cost‑efficient handling; Riga’s **moderate 5–7% cargo growth trajectory and investment in e‑commerce programs** position it as such a relief valve, albeit from a small base.([riga-airport.com](https://www.riga-airport.com/en/media/4160/download?utm_source=openai)) **Problem framing summary:** - Europe–Asia air cargo in 2026 is characterized by **asymmetric capacity**: plenty of aircraft in the system but **geopolitically constrained routings**, especially through the Middle East and Russia/Belarus. - **Rate volatility** is likely to persist: yields are drifting down globally but **remain structurally high on Europe–Asia** due to longer flight times, fuel, insurance, and capacity reallocation. - For the **Baltics and Latvia**, the key challenge is to **capture premium, time‑sensitive flows (e‑commerce, pharma, perishables) without depending on direct overflight to Asia**, instead leveraging **feeder connections to resilient European or Turkish hubs** while selling **reliability and regulatory stability** against a backdrop of shifting geopolitics. **Sources (Problem Framing):** ([iata.org](https://www.iata.org/en/iata-repository/publications/economic-reports/air-cargo-market-analysis-march-2026/?utm_source=openai)) === 3. TIMING SIGNALS (SEASONAL PEAKS FOR BALTIC / LATVIAN AIR CARGO EXPORTS 2026) === Below is an indicative **Latvia/Baltic export calendar for 2026** for key air‑cargo‑relevant commodities. Exact 2026 dates will shift with weather and market conditions, but recent data allow us to map **likely peak months**. **3.1 Berries (blueberries, cranberries, strawberries & wild forest berries)** - **Cultivated highbush blueberries (Latvia)** - Major Latvian blueberry farm Arosa‑R reports first crop **around 15–20 July**, with last harvest **10–15 September**; each variety yields for ~3 weeks. This defines the **core fresh blueberry export window: mid‑July to mid‑September**.([mellenes.lv](https://www.mellenes.lv/en?utm_source=openai)) - **Strawberries** - Latvian media report **unusually early strawberry harvests in early May**, but normal seasons run **May–June**, with peak domestic supply in **June**. Early harvest years can see commercial picking starting from **early May**, lengthening the export window.([eng.lsm.lv](https://eng.lsm.lv/article/culture/food-drink/07.06.2024-early-strawberry-harvest-in-latvia.a557064/?utm_source=openai)) - **Large‑berry cranberries & other berries** - Commercial cranberry producers (e.g., Very Berry, Latgale Cranberries) highlight autumn harvests; a 2025 report notes a “good cranberry year” with **peak harvesting in October**, and producers describe the sector as **export‑oriented**.([eng.lsm.lv](https://eng.lsm.lv/article/culture/food-drink/17.10.2025-good-cranberry-year-in-latvia.a618758/?utm_source=openai)) - Wild forest products exporter Baltic Wild Forest focuses on **wild blueberries, lingonberries, cranberries and mushrooms** from Latvian forests, with foraging seasons typically **July–October** for berries, aligning with peak fresh and IQF export campaigns.([balticwildforest.eu](https://balticwildforest.eu/?utm_source=openai)) **Timing implication:** - **Fresh blueberry air‑freight peaks:** - **Strawberries:** May–June (possible early spike in May). - **Blueberries:** July–September (core air‑freight window; high perishability). - **Cranberries / wild berries:** September–October (some IQF moves later by sea; urgent fresh/program cargo by air). **3.2 Flowers & floriculture products** - **Cut flowers & re‑exports** - UN Comtrade data (via WITS) show **Latvia exported >1.7m kg of fresh cut flowers and buds (HS 060310) to Russia alone in 2024**, indicating substantial re‑export volumes.([wits.worldbank.org](https://wits.worldbank.org/trade/comtrade/en/country/LVA/year/2024/tradeflow/Exports/partner/ALL/product/060310?utm_source=openai)) - Trade‑lane examples from customs‑based directories list frequent **shipments of fresh cut roses from Latvia to Russia** during 2023–2024, packed in wet paper and cartons on pallets—typical high‑value air cargo.([volza.com](https://www.volza.com/p/fresh-cut-flower/export/export-from-latvia/?utm_source=openai)) - Local media note that Latvian growers are active in **greenhouse flower production ahead of Valentine’s Day and International Women’s Day (14 Feb / 8 Mar)**, while large‑scale re‑exports through Latvia to Russia were, before full sanctions, measured in the “millions” of euros.([lsm.lv](https://www.lsm.lv/raksts/zinas/ekonomika/14.02.2024-ziedu-audzetaji-jau-rosas-siltumnicas-caur-latviju-miljonos-merams-ziedu-reeksports-uz-krieviju.a542831/?utm_source=openai)) **Timing implication:** - **Flower export/re‑export peaks via air:** - **Late January–early March:** ramp‑up into **Valentine’s Day (14 Feb)** and **Women’s Day (8 Mar)** for roses and mixed bouquets. - **Secondary peak in May–June:** weddings and Mother’s Day in key destination markets; relevant if Latvian traders distribute imported EU flowers north‑eastward by air. - Sanctions have cut direct Russia business, but similar seasonality persists for EU and other regional markets. **3.3 Timber & wood products** - Timber and wood products are significant in Latvian exports, but **most move by sea or rail**, not air, given low value‑to‑weight; official statistics for 2025 freight show road and sea handling tens of millions of tonnes vs. only **20.1k t by air**, implying negligible timber share in air cargo.([stat.gov.lv](https://stat.gov.lv/en/statistics-themes/business-sectors/freight-transport/press-releases/27620-freight-carried-and?utm_source=openai)) **Timing implication:** - Timber is **not normally an air‑cargo commodity** out of Latvia; sporadic moves (e.g., high‑value wood samples or urgent industrial shipments) will not materially influence seasonal air‑freight peaks. **3.4 Pharmaceuticals & medical products** - Trade data show **pharmaceutical exports from Latvia increasing in 2024**, with reported value around **€13.9m and quantities ~128 t** for specific HS pharma categories; exports to neighboring Estonia and other EU states are notable.([globalxtrade.org](https://globalxtrade.org/news/latvia-exports-of-pharmaceutical-goods-in-2024-reached-4173532-eur-and-increased-compared-to-2023/?utm_source=openai)) - Globally, pharma air‑cargo tonnages grew **+2% in 2024** and continue to expand modestly, with shipments driven by **continuous production and clinical supply**, and **less pronounced seasonality**, though **Q4 often sees a budgeting and inventory‑driven uplift**.([caasint.com](https://caasint.com/issue-article/pharma-air-cargo-tonnages-rose-by-2-in-2024/?utm_source=openai)) **Timing implication:** - Pharma exports by air from Latvia are likely **relatively steady year‑round**, with **slight peaks in Q4** (inventory build, fiscal‑year dynamics) and during **major vaccination/drug campaign periods** in destination markets. **3.5 Aggregate 2026 seasonal air‑cargo profile for Latvia/Baltics** Combining commodity‑level patterns with global air‑cargo seasonality (e.g., Xeneta/IATA’s view of “classic seasonality” returning: shoulder in Q1, peaks around harvests and Q4 demand):([iata.org](https://www.iata.org/globalassets/iata/pressroom/gmd/cargomediaday_2025.pdf?utm_source=openai)) - **Q1 (Jan–Mar 2026)** - **Flowers peak** into Valentine’s and Women’s Day. - **Steady pharma / general cargo** (including e‑commerce, which is relatively non‑seasonal except for post‑holiday returns). - Some uplift in **fresh imports** (e.g., counter‑seasonal fruit into Baltics) but limited export impact. - **Q2 (Apr–Jun 2026)** - **Early strawberries (May–Jun)** start the fresh berry export season. - Preparations for **summer tourism & retail** can drive incremental e‑commerce and fashion shipments. - **Q3 (Jul–Sep 2026)** — **Peak fresh produce export window** - **Blueberry exports by air** at their peak (mid‑Jul to mid‑Sep).([mellenes.lv](https://www.mellenes.lv/en?utm_source=openai)) - **Wild berries and mushrooms** start to ramp (late Aug–Sep), with air used for premium fresh exports.([balticwildforest.eu](https://balticwildforest.eu/?utm_source=openai)) - **General cargo and e‑commerce** remain solid; globally, this coincides with the early build‑up to the main **Q4 e‑commerce peak**. - **Q4 (Oct–Dec 2026)** - **Cranberries and other late berries** continue into October.([eng.lsm.lv](https://eng.lsm.lv/article/culture/food-drink/17.10.2025-good-cranberry-year-in-latvia.a618758/?utm_source=openai)) - **Global air‑freight peak season** (electronics, fashion, e‑commerce for Black Friday/Christmas) – Latvia sees higher import flows and some export of regionally assembled or redistributed goods. - **Pharma volumes** typically higher on many lanes as companies close fiscal years and manage cold‑chain inventory.([caasint.com](https://caasint.com/issue-article/pharma-air-cargo-tonnages-rose-by-2-in-2024/?utm_source=openai)) **Timing conclusion for 2026 planning:** - For **Latvia/Baltic air‑export development**, the strongest **commodity‑driven export peaks** in 2026 are likely: - **Flowers:** Jan–early Mar (Valentine’s/Women’s Day). - **Fresh berries:** May–Oct, with **blueberries (Jul–Sep) as the core air‑freight driver**. - **Wild forest products:** Aug–Oct (select fresh shipments by air). - **Pharma:** mild Q4 concentration but **largely level‑loaded across the year**. - Layered on top of these are **global Q4 e‑commerce and electronics peaks**, which primarily affect imports but can also support **consolidated export capacity from Riga** for Baltic shippers. **Sources (Timing Signals):** ([mellenes.lv](https://www.mellenes.lv/en?utm_source=openai)) Sources: • The transport sector in 2025: freight transport at Riga International Airport is increasing, alongside growth in rail passenger traffic | Oficiālās statistikas portāls https://stat.gov.lv/en/statistics-themes/business-sectors/freight-transport/press-releases/27620-freight-carried-and?utm_source=openai • The number of passengers at Riga Airport increased by 7% last year | RIX https://www.riga-airport.com/en/news/number-passengers-riga-airport-increased-7-last-year?utm_source=openai • More than 7 million passengers used Riga Airport in 2025 / Article https://eng.lsm.lv/article/economy/transport/09.01.2026-more-than-7-million-passengers-used-riga-airport-in-2025.a629229/?utm_source=openai • Non-Financial https://www.riga-airport.com/en/media/4160/download?utm_source=openai • E-commerce in the Baltics - statistics & facts | Statista https://www.statista.com/topics/11321/e-commerce-in-the-baltics/?utm_source=openai • Baltic states internet usage during Christmas https://www.reddit.com/r/BalticStates/comments/1pwugnw/baltic_states_internet_usage_during_christmas/?utm_source=openai • Air Freight from Riga Airport | LETT 2000 Customs Broker https://lett2000.lv/air-freight?utm_source=openai • Cargo Update https://www.iata.org/globalassets/iata/pressroom/gmd/cargomediaday_2025.pdf?utm_source=openai • Latvia exports of Pharmaceutical goods in 2024 reached 4,173,532 EUR and increased compared to 2023. - GlobalXTrade https://globalxtrade.org/news/latvia-exports-of-pharmaceutical-goods-in-2024-reached-4173532-eur-and-increased-compared-to-2023/?utm_source=openai • Latvia Fresh cut flowers and buds exports by country | 2024 | Data https://wits.worldbank.org/trade/comtrade/en/country/LVA/year/2024/tradeflow/Exports/partner/ALL/product/060310?utm_source=openai • Cargo | Freeport of Riga Authority https://rop.lv/en/cargo?utm_source=openai • Riga Airport maintains stability in 2025 with 7.1 million passengers and growing cargo volumes - Aviation24.be https://www.aviation24.be/airports/riga/riga-airport-maintains-stability-in-2025-with-7-1-million-passengers-and-growing-cargo-volumes/?utm_source=openai • More than 7 million passengers used Riga Airport in 2025 / Article https://eng.lsm.lv/article/economy/transport/09.01.2026-more-than-7-million-passengers-used-riga-airport-in-2025.a629229/?utm_source=openai • IATA - Airline Profitability Stabilizes with 3.9% Net Margin Expected in 2026 https://www.iata.org/en/pressroom/2025-releases/2025-12-09-01/?utm_source=openai • The transport sector in 2025: freight transport at Riga International Airport is increasing, alongside growth in rail passenger traffic | Oficiālās statistikas portāls https://stat.gov.lv/en/statistics-themes/business-sectors/freight-transport/press-releases/27620-freight-carried-and?utm_source=openai • Air Cargo Market Analysis https://www.iata.org/en/iata-repository/publications/economic-reports/air-cargo-market-analysis-march-2026/?utm_source=openai • TRANSPORT RESEARCH ADVISORY https://www.istat.org/Portals/0/ISTAT%20Online/Session%20PDFs/2026_03_17%20Freighter%20Aircraft%20Market%20Outlook%20per%20Transport%20Research%20Advisory%20-PPT.pdf?ver=PDNQJFSji7Tahm9PC-BTIg%3D%3D&utm_source=openai • 2026 Supply Chain Outlook | UPS Supply Chain Solutions https://es-us-apps.ups.com/us/en/supplychain/resources/news-and-market-updates/2026-supply-chain-outlook?utm_source=openai • IATA - Middle East Disruption Impacts Cargo Markets, Demand Falls 4.8% in March https://www.iata.org/en/pressroom/2026-releases/2026-04-29-03/?utm_source=openai • Impact of Middle east https://www.icc.fi/wp-content/uploads/2026/03/impact-of-middle-east-conflict-on-airline.pdf?utm_source=openai • War in the Middle East and Its Strategic Impact on Cargo Charter Aviation | Safe Fly Aviation | SAFE FLY AVIATION https://safefly.aero/middle-east-war-cargo-charter-research/?utm_source=openai • IATA - The Middle East in Global Air Traffic https://www.iata.org/en/publications/economics/reports/the-middle-east-in-global-air-traffic/?utm_source=openai • Global air cargo tonnage declines 4% in March - Asia Cargo News https://asiacargonews.com/en/news/detail?id=11994&utm_source=openai • IATA Reports 11.2% Air Cargo Demand Growth in February 2026 – Air Freight Price https://airfreightprice.com/blog/iata-air-cargo-demand-growth-february-2026/?utm_source=openai • IATA - Airline Profitability Stabilizes with 3.9% Net Margin Expected in 2026 https://www.iata.org/en/pressroom/2025-releases/2025-12-09-01/?utm_source=openai • More than 7 million passengers used Riga Airport in 2025 / Article https://eng.lsm.lv/article/economy/transport/09.01.2026-more-than-7-million-passengers-used-riga-airport-in-2025.a629229/?utm_source=openai)