Air Baltic Gets Capital Boost

Credit: WikimediaCommons_AleksandrMarkin
The Latvian government and investor Ralf-Dieter Montag-Girmes signed a final agreement to increase Air Baltic’s capital by €132 million ($147.8 million). Under the terms of the deal, Montag-Girmes will buy a 20% stake in Air Baltic and invest €52 million. The Latvian government is adding €80 million...

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