Baltic States Reconsider AirBaltic Investment.
The Latvian government wants Latvia, Estonia, and Lithuania to manage AirBaltic. Estonia refused to invest in the airline. This is to help AirBaltic become more stable.
The Latvian government is proposing a new way to run AirBaltic, which is based in Latvia. Estonia previously said it would not invest in the airline. Sven Kukemelk, an Estonian aviation expert, disagrees with the Latvian plan. Estonian politicians want to improve Tallinn Airport instead. The situation will be reviewed if Latvia makes a specific offer to the Estonian parliament.
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Highlights
Baltic States Coordinate AirBaltic
Latvia proposes Latvia, Estonia, and Lithuania manage AirBaltic together.
Estonia Declines AirBaltic Investment
Estonia refused to invest in the airline.
Goal is Financial Stability
The move aims to make AirBaltic financially stable.
Expert Disagrees with Latvian Plan
Sven Kukemelk thinks Estonia shouldn’t support AirBaltic.
Estonia Prioritizes Tallinn Airport
Estonia wants to improve Tallinn Airport instead of AirBaltic.