airBaltic reports profit of €5.4 million in 2018

Latvian airline airBaltic continued its growth in 2018 and achieved strong financial results. According to the 2018 financial year, airBaltic achieved €400 million revenue, while net income grew by more than 40% compared to 2017, reaching €5.4 million. Martin Gauss, Chief Executive Officer of airBaltic commented: “For the sixth year in a row we are showing a strong track record on profitability. With exceeding €400 million revenue and 4 million passengers, we are ready for future growth with our state-of-the-art Airbus A220 fleet.”