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Fly2Sky, the Bulgarian ACMI and charter airline, delivered strong financial and operational growth in 2025, recording revenue of €96.1 million, a 47.8% increase from €65.0 million in 2024.
The financial performance was accompanied by a significant rise in operational activity. Fly2Sky recorded 28,336 block hours during the year, up 37% year on year. The airline carried 1.64 million passengers and operated 11,124 flights across its international network, representing a 24% increase in passenger numbers and a 6.6% increase in the number of flights compared with 2024.
Greater operational intensity and international reach
The airline has been growing its fleet and volume of operations actively and expanded from 4 aircraft in 2022 to 10 aircraft fleet in 2025. The increase in flight and block hours therefore reflects higher aircraft utilization, longer average missions and the evolving geographic profile of the airline’s ACMI operations.
During the year of 2025, Fly2Sky operations reached more than 180 airports across over 50 countries, underscoring the increasingly international nature of the company’s ACMI business. Among the airline’s most active destinations were Brussels, Sharm El Sheikh, Lagos, Tirana, Abuja, Istanbul, Algiers and Antalya, reflecting its activity across Europe, the Middle East and Africa.
“2025 was an important year in Fly2Sky’s development. The growth we achieved was not simply about operating more flights; it reflects our ability to deploy our fleet more effectively, operate increasingly diverse missions and support airline partners across a growing international footprint,” said Aleksandrs Gusevs, Chief Commercial Officer of Fly2Sky.
“As the ACMI market continues to evolve, airlines are looking for partners that can provide reliable capacity while remaining responsive to changing operational requirements. Our priority is to continue building Fly2Sky around those principles: operational reliability, flexibility and strong long-term partnerships.”
Nearly three million passengers in two years
Between 2024 and 2025, Fly2Sky carried a combined 2,956,994 passengers, operated more than 21,500 flights and continued to support airline partners across a geographically diverse network.
While the airline’s network footprint remained broad in both years, the geographic distribution of its operations evolved significantly. In 2024, major destinations included Miami, Belgrade, Havana, Bucharest and Sharm El Sheikh. In 2025, operational activity increasingly shifted towards Brussels, West Africa, the Balkans, Türkiye and North Africa.
The development reflects the flexible nature of the ACMI model and Fly2Sky’s ability to deploy capacity in response to changing customer and market requirements.
Behind Fly2Sky’s financial and operational performance is an international team spanning flight operations, cabin crew, maintenance, operations control and corporate functions. The company will continue to focus on strengthening its operational capabilities, developing long-term airline partnerships and expanding its presence across key ACMI markets.
“The numbers are important, but they are ultimately the result of the work performed every day by our people and the confidence our customers place in Fly2Sky. As we grow, maintaining that trust and consistently delivering for our airline partners remains our priority,” Gusevs added.
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