AirBaltic Profit Jumps 46% On Strong Revenue, Traffic Growth

Credit: Rob Finlayson
VIENNA—Latvian carrier airBaltic reported a 2018 net income of €5.4 million ($6 million), a 46% increase from €3.7 million in 2017. The Riga-based airline’s annual revenue increased 18% to €408.7 million, compared to €347.7 million in 2017. The airline carried 4.1 million passengers in 2018, a 17%...

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