New Shareholder For Air Baltic As Montag-Girmes Exits

Credit: Bombardier
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...
Jens Flottau

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

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