Air Baltic News Stories
December 20, 2012
Shares of Bombardier rose on Thursday after its new C-Series jet received its second dose of good news in as many days when Latvia's airBaltic firmed up a tentative order for 10 of the narrow-body planes.
July 10, 2012
Latvia-based Air Baltic has signed a letter of intent to buy 10 CS300 aircraft from Bombardier worth USD$764 million at list prices, the two firms said at the Farnborough Airshow on Tuesday.
December 1, 2011
Latvia has taken complete ownership of formerly part state-owned airline airBaltic after the collapse of a local bank and is looking for a strategic investor, the Transport Ministry said on Thursday.
October 11, 2011
The International Monetary Fund said on Tuesday it had not been consulted about Latvia's plans to use public money to rescue its majority state-owned airline and had concerns about the strategy.
September 6, 2011
Latvia will rescue national airline AirBaltic, of which the state owns 52.6 percent, and increase its share capital using taxpayer money, the prime minister said on Tuesday.