As hostilities in the Middle East escalated, aviation fuel prices rose more than 2.5 times, followed by a downward trend in prices; at the same time, several flights were cancelled for security reasons.
The rise in fuel prices was the main reason why "airBaltic" requested a 30 million euro loan, which is scheduled to be repaid by September in accordance with the agreed schedule. In May, "airBaltic" had already repaid 6.4 million euros.
Martinovs also confirmed that in early...