AirBaltic Results Reflect Significant Pratt & Whitney Issues Impact

Victoria Moores March 05, 2024

(L-R): AirBaltic CFO Vitolds Jakovlevs, airBaltic COO Pauls Calitis, airBaltic CEO Martin Gauss.

Credit: airBaltic
Latvian airline airBaltic swung from a €54 million ($59 million) loss to a €34 million profit in 2023, paving the way for its upcoming initial public offering (IPO), though CEO Martin Gauss said Pratt & Whitney engine issues impacted the full-year performance. “AirBaltic’s results would have been...
Victoria Moores

Victoria Moores joined Air Transport World as our London-based European Editor/Bureau Chief on 18 June 2012. Victoria has nearly 20 years’ aviation industry experience, spanning airline ground operations, analytical, journalism and communications roles.

Subscription Required

 

AirBaltic Results Reflect Significant Pratt & Whitney Issues Impact is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

Already a member of AWIN or subscribe to Aviation Daily through your company? Login with your existing email and password

Not a member?  Learn how to access the market intelligence and data you need to stay abreast of what's happening in the air transport community.

LoginLearn How

Related Content

Air Canada
Air Canada Expands Airbus A220 Fleet With Firm Order For Five
Wizz Air A321neo
Wizz Air Relying On 38 Aircraft Deliveries To Meet Growth Target
Air New Zealand A320neo
Air New Zealand Sees No Near-Term Relief From Engine Headaches
ANA 787
ANA Navigates Trent 1000, GTF Engine Challenges
JetBlue Airways A321
Facing Its Future, JetBlue Held Back By Engine Constraints
Aviation Week Intelligence Network
Monitor the market and connect your business to the people, programs and proprietary data driving the Commercial Aviation market - only available with AWIN.

AVD_AWIN_270

Stay Connected.
Stay Informed.
Grow Your Business.

Learn How