PPRuNe Forums - View Single Post - Air Baltic information
Thread: Air Baltic information
View Single Post
Old 12th September 2024 | 09:42
  #428 (permalink)  
ctacik
 
Joined: Jan 2023
Posts: 87
Likes: 7
From: Latvia
Originally Posted by patituri
The president of Latvian Republic yesterday said that the state can't support airBaltic for ever

https://x.com/tv24_lv/status/1833370567661261269
He just announced the end of airBaltic.
Can't survive without pumping more tax money, no investor will fund them with the complicated debt to state. Complicated because it is against EU regulations to write it of and also needs approval from Latvian parliament.
On October their parliament will discuss next year's budget, let's see what they will vote for aB
ctacik is offline  
Reply
0