“Unforeseen challenges” as the effects of the war in Ukraine and higher fuel prices have largely negated airBaltic higher revenues in the first six months. The carrier of the Baltic States reported a €-59.3 million net loss, almost identical to the result in HY 2021...
airBaltic almost halved its net loss in 2021 and, more importantly, produced a small positive EBITDAR again. This despite the very challenging year that was dominated by the Covid-crisis, it reported on April 14. The improvements reflect a revised business model...
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