newstodate.aero
Mar 12, 2012 (newstodate): The Latvian carrier airBaltic's CEO, Martin Gauss is touring the Emirates, but not just for a sun tan.
Member of the delegation to accompany the country's prime minister on a visit to the United Arab Emirates, Qatar and Kuwait from March 10 to 18, 2012, Mr Gauss is on the trip to present the carrier airBaltic as a viable investment object to Etihad Airways as well as to Qatar Airways, Prime Minister Valdis Dombrovskis confirmed on Latvia's TV on Sunday.
Qatar Airways has earlier been rumored to be looking for a stake in an EU-based carrier, but lately claimed that all expansion dreams had been shelved for now.
The Latvian stake became 99 percent stake-holder in airBaltic in December 2011 after it took over the stake in airBaltic formerly held by the minority shareholder, Baltic Aviation Systems following on the collapse of the Latvian bank Krajbanka that was reportedly a main financial source behind BAS.
The Latvian state plans to sell the minority stake in airBaltic while retaining 50 percent and a golden share in the carrier.
Member of the delegation to accompany the country's prime minister on a visit to the United Arab Emirates, Qatar and Kuwait from March 10 to 18, 2012, Mr Gauss is on the trip to present the carrier airBaltic as a viable investment object to Etihad Airways as well as to Qatar Airways, Prime Minister Valdis Dombrovskis confirmed on Latvia's TV on Sunday.
Qatar Airways has earlier been rumored to be looking for a stake in an EU-based carrier, but lately claimed that all expansion dreams had been shelved for now.
The Latvian stake became 99 percent stake-holder in airBaltic in December 2011 after it took over the stake in airBaltic formerly held by the minority shareholder, Baltic Aviation Systems following on the collapse of the Latvian bank Krajbanka that was reportedly a main financial source behind BAS.
The Latvian state plans to sell the minority stake in airBaltic while retaining 50 percent and a golden share in the carrier.