Originally Posted by
uberfly
That is just funny. If you believe what you are saying, you are not living in reality. There is no benefit to anyone in the country to bankrupt Air Baltic. Neither to economy nor to politicians. You are just spreading false information. Prosecutor has nothing to do with bankruptcy but only legal consequences.
Bankruptcies usually don't benefit anyone, you genius. And won't be the first public business which goes bankrupt
Why do you think they canceled the IPO plan? IMO, everybody knows that most probably they will bankrupt so IPO would be a failure. If you have another explanation, I would like to hear it.
Right now, they are lacking 134 millions. And also have 570 millions on debt to state. First half of 2024 had losses, who is gonna cover these losses?
The state? Even if they want to write them off and have early elections after that, they need the approval of European Commission to give away half a billion to an airline. Not to mention that everyone in Latvia feels robed. Their health care system is 20 million behind in funding and can't find these money. And will be happy to continue funding aB which already took 570 millions from taxes?
It was a lady on Latvian TV yesterday who was saying that they need airBaltic cause you can travel direct from Riga to Naples without stopping in Rome. She couldn't find anything better to say. If you think that for reasons like this one, will give away more money you are wrong.