Flights between the two cities have been suspended until October 24.
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“Unfortunately, travel restrictions have significantly affected our operations, and currently it is not possible to continue flights to Liepaja, because the demand for these flights is currently very low. Nevertheless, I am confident that this route will return to our network soon,” said airBaltic CEO Martins Gauss.
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At the same time, he noted that the airline continues to operate flights on more than 50 routes across Europe.
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It has already been reported that the airBaltic Group’s turnover decreased by 63.6% in the first half of this year due to the Covid-19 pandemic – to 78.713 million euros, while the group’s losses increased almost seven times and amounted to 184.77 million euros. AirBaltic’s audited turnover last year was 503.281 million euros, which is 23.1% more than in 2018, but the company suffered a loss of 7.729 million euros compared to the profit a year earlier.
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The Latvian state owns 96.14% of the voting rights in the capital of airBaltic, while Aircraft Leasing 1, owned by the financial investor, Danish businessman Lars Tussen, owns 3.86%.
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