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Latvia
First report 1h ago•Last update 1h ago

airBaltic reports significant financial loss in first half of year

Latvian national airline airBaltic reported improved revenues but still incurred a loss of over 128 million euros in the first six months of the year.

Background

Latvia's national airline, airBaltic, has faced financial challenges in recent years. The airline is state-owned and its performance is often a subject of public and governmental interest within Latvia, particularly concerning its economic impact and operational sustainability.

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airBaltic reports significant financial loss in first half of year

First report 11h agoLast update 11h ago
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