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Friday 06.12.2019 | Name days: Niklāvs, Niks, Nikolajs
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airBaltic owes suppliers and contractors 24.87 million lats

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Baltic news, News from Latvia, BNN-NEWS.COM, BNN-NEWS.RUAccording to the financial report of the Latvian national airline AS Air Baltic Corporation, it owes suppliers and contractors 24.87 million lats, which is 7.8 million lats more than in 2009.

airBaltic losses hit 35.9 million lats in 2010, while the turnover totalled 204.4 million lats – 11.6% more than a year earlier.

The company posted 6.52 million lats profit in 2009, but the turnover accounted for 180.6 million lats.

Losses of the parent company airBaltic totalled 34.2 million lats in 2010, turnover – 202.45 million lats (180.6 million lats in 2009). 6 million lats profit was posted in 2009.

As reported, the state of Latvia now owns 99.8% of airBaltic shares. Talks with potential strategic investors have already been started.

Ref: 102.105.105.471


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