While Latvia’s budget lacks funds, airBaltic may require another substantial sum

A decision on additional capital needed for Latvia’s national airline airBaltic will have to be made this year, Finance Minister Arvils Ašeradens of New Unity (JV) said during parliamentary debates on Thursday. He explained that the short-term loan granted to the airline served as so-called “bridge financing,” allowing the company’s new management to prepare a […] The post While Latvia’s budget lacks funds, airBaltic may require another substantial sum appeared first on Baltic News Network.