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Engines issues, fuel costs weigh on airBaltic results, reports net losses for first half 2024

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Engines issues, fuel costs weigh on airBaltic results, reports net losses for first half 2024

Latvian airline airBaltic has reported a net loss of €88.8 million for the first half a year, swinging its €14.6 million net profit in the first half of last year. Revenues were up 16.5% to €339.3 million, with passenger revenues up 10.7% to €260.2 million. It recorded an adjusted EBITDAR o...

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