AirBaltic Q2 profit exceeds 2014 profitability target

Credit: By Rob Finlayson
Latvia’s airBaltic has posted a second-quarter net profit of €1.37 million ($1.8 million), reversing a loss of €10.15 million during the same period last year, and exceeding its own forecasts. CEO Martin Gauss said: “We are ahead of our schedule to become profitable in 2014.” He attributed the...

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