SmartLynx Airlines Estonia almost triples revenue

  • 2018-03-28
  • BNS/TBT Staff
The aircraft lease and charter service company SmartLynx Airlines Estonia OU has posted a revenue of 63.5 million euros for 2017, representing an almost threefold increase over 2016. The company's annual profit surged 3.5-fold from 74,300 euros to 260,800 euros, it appears from the annual report. Fixed assets totalled 817,100 euros as at year-end, compared with 975,600 euros at the end of 2016. Current assets stood at 6.5 million euros, an increase by almost 2.6 million euros over the year before. The company employed eight full-t...
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