Thursday, 30 July 2026
Rīga TV

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EconomyPublished: 30 July 2026 at 03:50

Lithuania and Estonia Prepare Contingency Plans for airBaltic Crisis

If airBaltic fails to repay a €30 million short-term loan by the end of August, the European Commission may investigate potential illegal state aid. Lithuania and Estonia are preparing for various scenarios.

Foto: TVNET

Latvia's national airline airBaltic is facing financial difficulties that could trigger a European Commission investigation. The company needs to secure funds by the end of August to repay a €30 million short-term loan. Failure to do so may lead the EC to examine whether the airline received illegal state aid.

Meanwhile, Lithuania and Estonia are already considering possible courses of action if airBaltic encounters even greater problems. Both countries aim to be prepared for any outcome to protect regional aviation connectivity. Specific plans are not disclosed, but it is indicated that various scenarios are being evaluated.

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