Fantastic, especially this: Baltia’s first ai
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Baltia’s first aircraft to St Petersburg is expected to generate over $100m in gross revenue annually, at just a 64% passenger load. At a 40% passenger load, Baltia will break-even on the St Petersburg route. These figures do not include cargo, but Baltia’s management says cargo provides the airline with pure profit – a revenue management strategy that will send shivers down the spine of many in the airfeight industry.