airBaltic reports highest profit in H1

airBaltic finished the first half of the year with a net income of €14.6 million, reporting an increase of €105.7 million, compared to the same period in 2022. airBaltic concluded H1 with a significant comparable EBITDAR of nearly €57 million, exceeding the 2022 figure by approximately €50 million. In Q2, the airline achieved a record-breaking comparable EBITDAR of €53.8 million, resulting in an EBITDAR margin close to 29%. airBaltic attained its highest-ever revenue for the first half of a single year, reaching €291 million. This marks a 52% increase as compared to the previous year and a substantial 33% improvement over 2019.