airBaltic's liabilities reach 1.8 billion euros
Latvian broadcaster TV3's news programme reports that national airline airBaltic's total liabilities have grown to 1.8 billion euros. Economists suggest the state may need to invest more money in supporting the company than has been announced so far.
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The total liabilities of Latvia's national airline airBaltic have reached 1.8 billion euros, according to information compiled by the TV3 channel's news programme "TV3 Ziņas".
The programme emphasized that the key decisions regarding the airline's future have not yet been made. Economists have suggested that the state may ultimately need to allocate more financial resources to support airBaltic than has been publicly disclosed so far.
Situation remains unclear
The source material does not specify exactly how or to what extent additional state support might be provided. What is clear is that the decision-making process concerning the airline's future is ongoing, and its outcome could affect both the company's operations and future state budget spending.
