airBaltic Posts Record Profit Ahead Of 2024 IPO Ambitions

The flag carrier of Latvia ended its first quarter with a healthy profit and an uptick in passengers. AirBaltic, so far this year, has brought in €104.3 million ($114.6 million) in revenue. The quarter brings the highest-ever recorded revenue in the first quarter of a year in the airline's history. Total revenue for the past three months is up 77% from €59.9 million ($65.8 million) in the same period in 2022.



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