AirBaltic 2018 net profit up 46% on revenue, traffic growth

Credit: Rob Finlayson
Latvian carrier airBaltic reported a 2018 net income of €5.4 million ($6.04 million), a 46% increase from €3.7 million in 2017.Annual revenue was up 18% to €408.7 million, compared to €347.7 million in 2017.The Riga-based airline carried 4.1 million passengers in 2018, a 17% year-over-year (YOY)...

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