Airline

airBaltic swings to loss in 2024

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airBaltic swings to loss in 2024

airBaltic full year 2024 results plummeted to a net loss of €118.2 million, compared to a €33.7 million profit in 2023. The company said this primarily due to accelerated depreciation on its Pratt & Whitney engines, which amount to €73 million, the euro depreciation against the US dollar ...

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