Hainan bidding for controlling stake in AirBaltic
Any news on this? There are various reports in the Baltic region press, both of the Latvian government wishing to dispose of it's controlling stake in the airline and of Hainan being a willing and able suitor.
The Flick family (who own 48% and run the airline) have said that they will not rule out buying the remainder of the airline, and have said that they will not block the sale.