AirBaltic Reduces 2021 Loss, Single Type Fleet Improves Margins

airBaltic Airbus A220-300

AirBaltic Airbus A220-300

Credit: Airbus
Latvian flag-carrier airBaltic, in its first year operating a single-type fleet of Airbus A220-300s, reported a €136 million loss ($147 million) for 2021, an improvement from a €265 million loss the year before. In 2021, airBaltic revenues grew to €204 million from €149 million the prior year, based...

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