AirBaltic Results Reflect Significant Pratt & Whitney Issues Impact
(L-R): AirBaltic CFO Vitolds Jakovlevs, airBaltic COO Pauls Calitis, airBaltic CEO Martin Gauss.
Credit: airBaltic
Latvian airline airBaltic swung from a €54 million ($59 million) loss to a €34 million profit in 2023, paving the way for its upcoming initial public offering (IPO), though CEO Martin Gauss said Pratt & Whitney engine issues impacted the full-year performance. “AirBaltic’s results would have been...
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