Latvian Government Plans €36M Loan Conversion For AirBaltic
The government of Latvia has tentatively approved a €36.1 million ($39 million) treasury loan conversion for Riga-based airBaltic and is considering a further equity increase. In a statement, airBaltic said it currently has a “strong cash position,” but the COVID-19 pandemic could lead to several...
Latvian Government Plans €36M Loan Conversion For AirBaltic is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
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