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...
Jens Flottau

Based in Frankfurt, Germany, Jens is executive editor and leads Aviation Week Network’s global team of journalists covering commercial aviation.

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.