newstodate.aero
Sep 23, 2015 (newstodate): A look into the cockpit may be overwhelming for a non-pilot. But a look into civil aviation business in the Baltic region may be even more confusing..
In the eye of the storm now is the Latvian carrier airBaltic that has long been on the look-out for a new investor to expand the airline's financial base and relieve the Latvian state of its current 100 percent ownership.
The issue of privatization has become even more pressing as the carrier needs financing of its order for delivery of 13 new Bombardier CS300 aircraft, the first of which will be delivered by the latter part of 2016.
Latvian media abound in reports of the state's sacking earlier this month of its consultant to lead the investor negotiations, Prudentia that was reportedly advanced in the process with an unidentified investor.
It seems that the pressure is building up, but as newstodate does not want to rely on speculations, more on this will follow as confirmed, official statements are available from reliable sources.
In the eye of the storm now is the Latvian carrier airBaltic that has long been on the look-out for a new investor to expand the airline's financial base and relieve the Latvian state of its current 100 percent ownership.
The issue of privatization has become even more pressing as the carrier needs financing of its order for delivery of 13 new Bombardier CS300 aircraft, the first of which will be delivered by the latter part of 2016.
Latvian media abound in reports of the state's sacking earlier this month of its consultant to lead the investor negotiations, Prudentia that was reportedly advanced in the process with an unidentified investor.
It seems that the pressure is building up, but as newstodate does not want to rely on speculations, more on this will follow as confirmed, official statements are available from reliable sources.