RIGA - In the midst of the Covid-19 crisis in the world, airBaltic is evaluating re-start options for when scheduled flying is possible again. There are different scenarios that are looking at several months of interruption and the potential revenue decline. airBaltic currently has a strong cash position. To continue the successful performance of airBaltic as before the crisis the airline has reached out to its Shareholders – the Latvian State and Lars Thuesen (Aircraft Leasing 1 SIA) – to address the potential need for equity increase by strengthening the financial position of ...
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