European Commission Green Lights AirBaltic Government Funding

AirBaltic A220-300
Credit: Airbus / Jean Vincent Reymondon
The European Commission (EC) has approved half of the Latvian government’s proposed equity infusion of €90 million ($102 million) into airBaltic. The EC did not elaborate on its decision, announced Dec. 21, to approve just €45 million in aid put forward by the Latvian government. A Dec. 22 airBaltic...

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