airBaltic: Latvian government supports possibility of granting short term loan
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Background ✨
Latvia’s Ministry of Transport said the Cabinet would consider airBaltic’s request for a short term loan, citing external pressures, and noted work was underway on a new business plan due by summer 2026.1 Latvia’s Government previously approved a EUR14 million co-investment alongside Lufthansa Group’s EUR14 million commitment, with the transaction expected to complete by end-Aug-2025.2