Posts Tagged ‘ bertolt flick ’

Government heads for the Airline Giant AirBaltic

December 2, 2011
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Government heads for the Airline Giant AirBaltic

Airline Giant AirBaltic AS is at the centre off it with the Latvian Government buying out a minority share. The airline is known to be unprofitable being a know issue and help may have been timed well. The figure of 432,972 dollars was the cost of the shares the Government paid which now gives...

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AirBaltic CEO Steps Down

October 6, 2011
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AirBaltic CEO Steps Down

Latvia’s Prime Minister Valdis Dombrovskis announced this week that the government of Latvia and Baltic Aviation Systems (BAS) reached agreement and would jointly inject the capital into airBaltic. The government of Latvia will secure €82.3 million, while the private investor BAS will secure €71.4 million. Latvian national airline airBaltic will receive €153.7 million in...

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