AirBaltic CEO Bertold Flick confirmed to ATWOnline Friday that the Latvian government is providing financial assistance to the carrier, but he declined to comment on media reports that the airline is on the verge of bankruptcy. "It is true we [are getting] a capital increase from the government," he said. "I cannot name a detailed sum at the moment, but it will be around €40million [$56.9 million], which will be transferred to us this year." Latvian newspaper Diena reported last week ...

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