- S&P downgraded the credit rating of AirBaltic, Latvia's national airline.
- Latvia's State and Saeima are reviewing a bill to provide financial stabilization for AirBaltic.
While Latvia's Saeima reviews a bill for AirBaltic's financial stabilization, political candidate Viktors Valainis advocates for better management of the company.
1 report, 1 independent
Updated Sep 4
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What happened
While Latvia's Saeima reviews a bill for AirBaltic's financial stabilization, political candidate Viktors Valainis advocates for better management of the company.
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Latvia's State and Saeima are reviewing a bill to provide financial stabilization for AirBaltic.Also in this story
- AirBaltic filed for Chapter 11 bankruptcy and secured financing from lenders including Oaktree Capital Management and Morgan Stanley.
- AirBaltic is majority owned by the Latvian state.
Within S&P downgraded the credit rating of AirBaltic, Latvia's national airline.