AirBaltic becomes fully government owned

AirBaltic 737-500. By Rob Finlayson The Latvian government has acquired the 47.2% stake in airBaltic (BT) previously held by Baltijas Aviacijas Sistemas (BAS), the company controlled by former BT president and CEO Bertolt Flick. It now owns 99.8% of the Riga-based carrier. The purchase follows the...

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