Despite relentlessly upbeat press releases and financial outlooks for years, the airBaltic group is still operating at a loss - last year it amounted to 44.3 million euros. The latest good news is that the number of passengers carried has increased slightly, the total number of flights has also increased - by 7%, and the number of service leases - by 15%.
The company no longer considers an IPO, which had been highly anticipated and touted for years as its ultimate destiny, as a sou...