Latvian flag carrier airBaltic achieved a net profit of €19.5 million ($22.2 million) for 2015, almost doubling its surplus from the previous year’s €10.7 million, the airline said May 12. Riga-based airBaltic “has been profitable for three consecutive years. This is an excellent foundation to build on, as our Horizon 2021 business plan takes full motion this year,” CEO Martin Gauss said. Revenue for 2015 was €285 million. The airline carried 2.6 million ...

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