newstodate.aero
Sep 28, 2011 (newstodate): The Latvian state has now reportedly agreed to inject fresh capital into airBaltic alongside a similar proportional cash injection by the other owner, BAS.
The state, however, maintains its preconditions for the arrangement, including the replacement of Bertolt Flick, co-owner of BAS, as the carrier's President and CEO.
A final announcement is expected by tomorrow, Friday September 29, 2011.
The state, however, maintains its preconditions for the arrangement, including the replacement of Bertolt Flick, co-owner of BAS, as the carrier's President and CEO.
A final announcement is expected by tomorrow, Friday September 29, 2011.