airBaltic Lost 18 Million Euros in 17 Days, and Its Capital Went Into the Red by 330 Million
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airBaltic lost 18 million euros in 17 days, and its capital went into the red by 330 million
airBaltic lost 18 million euros in 17 days, and its capital went into the red by 330 million.In the first 17 days of the restructuring in the United States, airBaltic's net loss amounted to 18.1 million. Revenue was 48.8 million, but...
Latvian national airline Air Baltic, which has begun a restructuring process, has published its financial data for its first reporting period.
In the first 17 days after the start of the "Chapter 11" or financial restructuring process in the US - from September 14 to 30 - the Latvian national airline "airBaltic" reported unaudited net losses of 20.669 million US dollars, or approximately 18.131 million euros.
Latvian national airline airBaltic and its subsidiaries, which are subject to voluntary Chapter 11 proceedings, have filed their first monthly operating reports with the US Bankruptcy Court for the Southern District of New York.
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