The political dispute surrounding AirBaltic (BT) has cost the carrier €10 million ($14 million), according to the airline’s president and CEO Bertold Flick.
The political dispute surrounding AirBaltic (BT) has cost the carrier €10 million ($14 million), according to the airline’s president and CEO Bertold Flick. Even though passenger numbers for the last several months have increased year-over-year, travel agencies are reducing forward bookings, Flick said in an interview with ATW. Flick said the past six months have been difficult since the carrier’s two main shareholders—the Latvian state and Baltijas Aviacijas ...
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