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Prime Minister: Agreement with strategic investor airBaltic could be signed as soon as possible

Премьер-министр: соглашение со стратегическим инвестором airBaltic может быть подписано совсем скоро

The contract with strategic investor of Latvian national airline airBaltic could be signed in the nearest time, Prime Minister Evika Silinja announced on Tuesday after the government meeting.According to her words, on Tuesday the government meeting behind closed door was listened to the current situation with
the attraction of strategic investor for airBaltic. “Of course, we want to wait for them to make a decision as soon as possible, because the public also wants to know, how active will be the participation of this strategic investor, so it is important for the government to be informed and to do all the homework, Silinya said. Prime Minister added
that the attraction of strategic investor could help to increase recognizability and value of the airBaltic brand
in the international market. “We are moving to the agreement, and it should become very immediately. “As soon as we receive the decision from the strategic investor, we will be pleased to
announce this, ” Silinya said. According to unofficial information, Lufthansa could become a strategic investor in airBaltic,
acquiringabout10%oftheshareholding initially.

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