Because of the corona crisis and the resulting ban on operations, which lasted 62 days, the Latvian airline airBaltic had to accept severe losses in sales and passenger numbers in the first half of 2020. This is shown by the quarterly figures published on Wednesday, August 26th, 2020. In the first half of 2020, sales fell from € 219.5 million in the same period of 2019 to € 82.5 million. The number of passengers fell from 2.2 million to 800,000 over the same period. The loss amounts to € 184.8 million in the first half of 2020 compared to € 26.6 million in the first half of 2019. airBaltic is a stock corporation that is now slightly more than 96 percent owned by the Latvian state due to corona factors.
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