AirBaltic reported a net loss of €1.9 million ($2.3 million) for 2005 owing to a €4 million charge related to the return of Avro RJ70s. Excluding the charge, the Riga-based airline said it would have earned €2.07 million compared with a loss of €1.2 million in 2004. Operating revenue totaled €120.4 million and passenger boardings reached 1.04 million. "The revenue increase of 64% and passenger increase of 76% in 2005 compared with 2004 demonstrate the airline's ...

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