AirBaltic expresses confidence as profits slip

Credit: AirBaltic
Latvia’s national carrier airBaltic saw its net profit for 2016 drop sharply to €1.2 million ($1.3 million) in 2016 from €19.5 million in 2015 as the carrier encountered falling yields. The drop in profits came despite the company maintaining its revenue at €286 million compared to 2015’s figure of...
Alan Dron

Based in London, Alan is Europe & Middle East correspondent at Air Transport World.

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