AirBaltic breaks €500 million revenue barrier for the first time 

Latvian airline AirBaltic continued its growth in 2019 and for the first time in the company’s history it has exceeded EUR 500 million revenue – a 23% increase over 2018. Martin Gauss, Chief Executive Officer of AirBaltic said,  “Our strategy is to become the number one carrier in the Baltic States. Last year we successfully exceeded our two main targets – to carry more than 5 million passengers and to achieve a revenue of over 500 million euros. It was a successful year, but now we have to continue working hard to ensure that we are able to develop further.” Despite saying that AirBaltic is in a strong financial