Air Baltic narrows Q1 loss

Credit: By Rob Finlayson
Air Baltic said it slimmed its first-quarter net loss by LVL6.7 million ($12.3 million), representing a 41% improvement, although it did not specify the actual loss figure. During the three-month period the Riga-based carrier posted 10% yield growth and RASK was up 8%, based on revenues of LVL44.5...

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