AirBaltic (BT) is moving forward with privatization plans as the government-owned carrier anticipates its cost-cutting program leading to profitability by 2014.
AirBaltic 737-500. By Rob Finlayson AirBaltic (BT) is moving forward with privatization plans as the government-owned carrier anticipates its cost-cutting program leading to profitability by 2014. BT CEO Martin Gauss told ATW in Riga the carrier is “open for investors” although the timing for when the cost of shares will be announced has not yet been decided. Gauss also confirmed the carrier is in talks with potential investors, which include airlines and investment ...
Subscribe to Access this Entire Article
"Restructured AirBaltic readies for privatization" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.
