The Latvian parliament has agreed to increase the equity of national carrier airBaltic by €80 million ($87 million) as part of a deal to consolidate and increase its operations in the Baltic region. The parliament authorized the country’s finance minister to increase the appropriation for his department by up to €80 million, which will then be funneled into the airline. “The appropriation is needed to ensure further development of the national airline,” the ...

Subscribe to Access this Entire Article

"Latvia approves cash injection for airBaltic " 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?

Already registered? here.