Pandemic Pushes AirBaltic $218M Into The Red
Credit: Airbus / Olivier Cote
AirBaltic has posted a €184.8 million ($218 million) first-half (H1) net loss, nearly seven times deeper than the net loss the Latvian carrier recorded for the same period in 2019. During H1 2020, airBaltic carried 64% fewer passengers year-over-year, causing revenue to plummet 62% to €82.5 million...
Subscription Required
Pandemic Pushes AirBaltic $218M Into The Red is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
Already a member of AWIN or subscribe to Aviation Daily through your company? Login with your existing email and password
Not a member? Learn how to access the market intelligence and data you need to stay abreast of what's happening in the air transport community.
Related Content
