Latvian taxpayers’ money can no longer be the sole source of support for the national airline airBaltic, Prime Minister Andris Kulbergs said in an interview with TV3’s programme 900 sekundes. Kulbergs noted that he still needs to review airBaltic’s business plan and proposals regarding the company’s future operations. This week, he instructed officials to provide […]
The post Latvian Prime…
Latvia’s national airline, airBaltic, has repaid the first instalment of its state loan amounting to 6.4 million euro, according to the Ministry of Transport (MoT). The ministry stated that airBaltic is meeting its obligations and has completed the first repayment under the loan agreement in the amount of 6.4 million euro. The 30 million euros […]
The post airBaltic repays part of state loan but…
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…
This week in Latvia unfolded under the sign of airBaltic. The question—whether to grant or deny a 30 million euros short-term loan to the national airline—not only triggered loud political turbulence but nearly became the cause of the government’s collapse. Why exactly airBaltic became the tipping point that almost overturned the government of Evika Siliņa, […]
The post BNN IN FOCUS | airBaltic…
At a meeting of the Saeima’s Budget and Finance (Tax) Committee, deputies today supported the draft decision on approving a state short-term loan to the national airline airBaltic, after reconsidering the issue. During the meeting, Transport Minister Atis Švinka once again emphasized the importance of the company and the need to support it. He also […]
The post 30 million euros for airBaltic:…
Latvian Prime Minister Evika Siliņa has indicated she is prepared to risk the collapse of the ruling coalition in order to secure support from the Union of Greens and Farmers in the Saeima for granting a short-term loan to the national airline airBaltic, according to her statement on the X. She stated that ZZS had […]
The post Latvian Prime Minister ready to risk coalition over “airBaltic”…
It is not appropriate to grant another loan to the national airline airBaltic until a clear restructuring plan has been developed, said opposition MP Andris Kulbergs from the United List (AS) in an interview with the Latvian Television programme Rīta panorāma. He compared airBaltic to a patient who has fallen into deep dependency and is […]
The post Kulbergs: airBaltic cannot continue living on…
The Latvian government is set to review a request from national airline airBaltic for a short-term loan, the Ministry of Transport (SM) has announced. According to the government’s agenda, the Cabinet of Ministers will consider an informational report on the current situation at airBaltic during a closed session on Tuesday. The ministry stated that at […]
The post “airBaltic” seeks short-term…
The Latvian national airline airBaltic reported a net loss of 44.337 million euros last year, which is 2.7 times smaller than in 2024, the airline announced. At the same time, the airBaltic Group’s turnover increased by 4.2%, reaching 779.344 million euros compared with the previous year. In 2025, the airline carried 5.2 million passengers across […]
The post airBaltic posts 44.3 million euros…
For the repatriation flights operated by Latvia’s national airline airBaltic, scheduled for Friday with departures from Dubai at 17:50 and 18:50 local time, the departure airport has been changed from Dubai International Airport to Al Maktoum International Airport, according to a statement from the airline. airBaltic noted that all relevant passengers will receive a text […]
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