In Jan-Apr period airBaltic carried total of 0.8mn people, which indicates 16% y/y increase. In April number of passengers stood at 0.2mn, which is 3% y/y decline. During April the company operated 4,044 flights, which is 10% increase y/y. In Jan-Apr period the company operated 15,775 flights. The company's load factor stood at 63% in April, down by 2pp y/y. While in Jan-Apr period the company's load factor stood at 62%, which is flat in y/y terms.
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Estonian national airline Estonian Air recorded net loss of EUR 49.2mn in 2012, up from net loss of EUR 17.3mn in 2011. Operating loss amounted to EUR 35.8mn in 2012. Revenues of the company ... more
Lithuanian flour manufacturer Malsena announced that it has acquired Latvian flour manufacturer Rigas Dzirnavieks. The company indicates that with the acquisition it will become the largest flour ... more
Estonian national airline Estonian Air announced that it agreed to pay penalties for returning two excess Embraer E190 aircrafts to the manufacturer. The company has started restructuring and ... more