New Shareholder For Air Baltic As Montag-Girmes Exits

FRANKFURT—Air Baltic’s minority shareholder Ralf-Dieter Montag-Girmes has sold his 20% stake in the Riga-based airline to Danish entrepreneur Lars Thuesen. The new investor took control of Aircraft Leasing 1 SIA, the vehicle that owned 20% of Air Baltic and was previously fully owned by Montag...

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