#Latest news with #ByLatviaBloomberg09-04-2025BusinessBloombergLatvia Seeks Air Baltic Investment From Neighbors After CEO ExitBy Latvia has reached out to neighboring countries about investing in Air Baltic Corp AS, its premier said, after the state-owned airline dismissed its chief executive officer ahead of plans for an initial public offering. The airline said in September that a share sale long in the works could raise as much as €300 million ($332 million). It's a project that CEO Martin Gauss had been working on, but the company said this week he was leaving following a vote of no confidence from the Latvian state.
Bloomberg09-04-2025BusinessBloombergLatvia Seeks Air Baltic Investment From Neighbors After CEO ExitBy Latvia has reached out to neighboring countries about investing in Air Baltic Corp AS, its premier said, after the state-owned airline dismissed its chief executive officer ahead of plans for an initial public offering. The airline said in September that a share sale long in the works could raise as much as €300 million ($332 million). It's a project that CEO Martin Gauss had been working on, but the company said this week he was leaving following a vote of no confidence from the Latvian state.