AirBaltic would benefit from having a strategic investor onboard, but has no pressing need for an additional shareholder, CEO Martin Gauss said. Having another large shareholder would improve the airline’s credit rating and make fleet financing cheaper, Gauss said June 2 on the sidelines of the IATA AGM in Sydney. The company is 80% owned by the state of Latvia and 20% by Danish entrepreneur Lars Thuesen. The airline has been in on and off talks with potential future shareholders, but ...

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