newstodate.aero
Dec 03, 2015 (newstodate): The Latvian parliament has now passed the proposal to provide an 80 mio euro loan to airBaltic as part of the financial restructuring of the carrier.
At the same time the proposal by German national Ralph-Dieter Montag-Girmes to invest another 32 mio euro was also accepted with the provision that a paragraph in Mr Montag-Girmes' original proposal containing a plan for future acquisition of five Sukhoi Superjet 100 aircraft was deleted - which has been agreed to by the affluent German investor.
After this, airBaltic has finally secured the financing of the acquisition of 13 Bombardier CS300 aircraft, with the first delivery slated for H2, 2016.
At the same time the proposal by German national Ralph-Dieter Montag-Girmes to invest another 32 mio euro was also accepted with the provision that a paragraph in Mr Montag-Girmes' original proposal containing a plan for future acquisition of five Sukhoi Superjet 100 aircraft was deleted - which has been agreed to by the affluent German investor.
After this, airBaltic has finally secured the financing of the acquisition of 13 Bombardier CS300 aircraft, with the first delivery slated for H2, 2016.