Latvian national airline airBaltic announced a loss exceeding 128 million euros for the first six months of the year, according to a statement released on October 12th. Despite this significant financial setback, the company reported an increase in revenues during the same period. The airline did not specify the reasons for the loss, but it comes amid ongoing challenges for the aviation industry globally. airBaltic continues to operate flights from and to Riga and other destinations. Further details regarding the financial performance and recovery strategies were not immediately available. The airline is a key component of Latvia’s transportation infrastructure and economy. The company intends to analyze the results to improve future performance.