According to the announcement made by company representatives, airBaltic airline transported a total of 3.75mn passengers in the first eleven months of 2009, which makes a 9.8% y/y increase. In November alone, passenger turnover increased by 12% y/y to 0.31mn passengers. airBaltic noted that number of transit passengers jumped three-fold y/y to 1.24mn people in Jan-Nov, accounting for 33% of total passenger turnover in the reporting period. airBaltic airline transported a total of 2.59mn passengers in 2008, which made a 29% y/y increase.
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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