The shareholders of the Latvian airline airBaltic have approved the final decision of the Republic of Latvia to invest €250 million into the equity of airBaltic in order to overcome the economic crisis caused by COVID-19. Martin Gauss, the CEO of airBaltic, said: “With this new equity investment we are executing our new business plan Destination 2025 CLEAN. This investment will facilitate the successful growth of airBaltic leading to an IPO in the future.” Following the approval from the European Commission on July 3, the Latvian government will invest €250 million into the equity of airBaltic. On April 23, the

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