AirBaltic reports 1H revenue up 19% on new business plan
AirBaltic posted a first-half revenue of E180.8m (US$216.7m), a 19% increase over the same period last year. Passenger numbers for the half-year grew 20% year-over-year to 1.9m. The carrier performed 13% more flights during the 6 months. More financial details were not available. “As airBaltic is still in the middle of its peak season, it will keep the order to publish full operational results after the end of the year,” a spokesperson said. CE Martin Gauss said: “For the last few years, airBaltic has been showing very strong results, gradually growing the scale of our operations. This year, we forecast the operational result higher than previous year. Still, we have to keep in mind such macroeconomic factors as oil price or US dollar exchange rate that might influence the overall situation.” <br/>
https://portal.staralliance.com/cms/news/hot-topics/2018-08-01/unaligned/airbaltic-reports-1h-revenue-up-19-on-new-business-plan
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AirBaltic reports 1H revenue up 19% on new business plan
AirBaltic posted a first-half revenue of E180.8m (US$216.7m), a 19% increase over the same period last year. Passenger numbers for the half-year grew 20% year-over-year to 1.9m. The carrier performed 13% more flights during the 6 months. More financial details were not available. “As airBaltic is still in the middle of its peak season, it will keep the order to publish full operational results after the end of the year,” a spokesperson said. CE Martin Gauss said: “For the last few years, airBaltic has been showing very strong results, gradually growing the scale of our operations. This year, we forecast the operational result higher than previous year. Still, we have to keep in mind such macroeconomic factors as oil price or US dollar exchange rate that might influence the overall situation.” <br/>
