Latvian airline airBaltic recorded a third-quarter net profit of €13.2 million ($18.2 million), reversing a €26.72 million loss into a net profit of €0.72 million in the nine months through Sept. 30. Third-quarter net profit almost doubled from €6.84 million for the same period last year, despite a drop in passengers from 920,000 to 880,000. Revenue for the quarter rose 2% to €103.29 million. CEO Martin Gauss said: “We have restructured airBaltic through ...

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