I am asked to ask Martin Gauss, when I go to interview the head of Air Baltic, whether you now have to buy their tickets with an insured credit card to get your money back if the company goes bankrupt? Gauss flushes at the question. /nginx/o/2024/08/23/16307685t1h301f.jpg)
Martin Gauss says Air Baltic, the airline he runs, is doing better than ever before. Photo: Madis Veltman
I am asked to ask Martin Gauss, when I go to interview the head of Air Baltic, whether you now have to buy their tickets with an insured credit card to get your money back if the company goes bankrupt? Gauss flushes at the question.
Gauss, who has led the Latvian airline for almost thirteen years, lists successes: the company's bonds were extended ( which attracted much attention with an interest rate of 14.5 percent, which is considered a suitable rate for junk bonds or high-risk companies – L.L. ), the economic results of the last half-year were record-breaking, and the company wants to expand.
"I have been managing Air Baltic for fourteen years, survived several crises, and now we have achieved the best results and have become the largest airline in the Baltics. The only problem was the title of an Estonian's article," Gauss referred to the opinion of aviation expert Toomas Peterson, recently published on the ERR portal.
