airBaltic CEO Martin Gauss talks finances and new investments at the airline
Aerotime
JUNE 11, 2024
May 2024 proved to be consequential for airBaltic on the financial front. The Riga-based airline not only posted its highest profit ever (€34 million) for 2023, but it also managed to successfully place the largest corporate bond in the history of Latvia. Although the 14.5% interest rate has raised some eyebrows, the €340 million airBaltic has raised this way will allow the airline to save a rather critical financial match-ball.
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