Latvia Buys Out BAS At Air Baltic
The Latvian government has bought back almost all of the outstanding shares of Air Baltic, effectively taking full control of the airline. The state purchased a 47.2% stake for the nominal value of LVL224,453 ($432,000). The shares were held by Baltic Aviation Systems (BAS), the company set up by...
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.
Related Content
