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The European Commission (EC) has approved half of the Latvian government’s proposed equity injection of 90 million euros ($ 102 million) into airBaltic. The EC did not elaborate on its decision, announced on December 21, to approve just € 45 million in aid proposed by the Latvian government. An airBaltic from December 22 …
The European Commission gives the green light to the financing of the AirBaltic government is published in Daily aviation, an Aviation Week Intelligence Network (AWIN) market briefing and is included with your AWIN membership.
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