Pratt & Whitney News

AeroTimeMiquel Ros

airBaltic Faces 2024 Net Loss Over Engine and Supply Chain Issues

Despite a 12% revenue increase to EUR 748 million in 2024, airBaltic reported a EUR 118.2 million net loss. The Latvian carrier struggled with Pratt & Whitney PW1500G engine maintenance, supply chain challenges, and macroeconomic downturns, impacting its Airbus A220 fleet's overall operational performance.

2025-03-12T08:36:28.306029-07:00

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2025-03-04T10:44:43.744027-08:00
2025-03-03T17:27:03.952183-08:00

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