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Electric
Martin Gauss, long-time CEO and chairman of Latvian airline airBaltic, has been dismissed, reports the Ministry of Transport on 7 April.
Following a shareholders' meeting at which the Transport Ministry called for a vote of no confidence in Gauss, airBaltic's Supervisory Board convened an extraordinary Supervisory Board meeting. In view of the shareholders' vote of no confidence, the Supervisory Board decided to dismiss the current Chairman of the Board, Martin Gauss, as of 7 April.
Too late, they have accumulated more than a billion on debt, last year added another 118 millions
The same CEO was in Malev before the bankruptcy