airBaltic selects Greenhill as its financial adviser

victoria@aviationnews-online.com
By victoria@aviationnews-online.com February 7, 2019 17:34

airBaltic selects Greenhill as its financial adviser

Latvian airline airBaltic has mandated global investment bank Greenhill to evaluate financing options for the future development of the airline, which includes the search for a potential new investor.

Martin Gauss, Chief Executive Officer of airBaltic: “Over the last years, airBalticwas able to improve its performance whilst several airlines left the market.In order to follow the growth strategy outlined in our Destination 2025business plan, airBaltic requires additional financing for the future development of the company. We are pleased to be working with Greenhill as an experienced financial adviser on potential options.

victoria@aviationnews-online.com
By victoria@aviationnews-online.com February 7, 2019 17:34