RIGA - The national airline airBaltic is in urgent need of a strategic investor. This move is essential for the company to secure its financial future and reduce its dependence on taxpayer funding.
Kulbergs, a key figure in the airline's strategy, highlighted the importance of attracting an investor who can provide the necessary financial backing. Without this support, airBaltic risks continued reliance on public funds.
The call for investment comes as airBaltic aims to stabilize its operations and ensure long-term sustainability in the competitive aviation market.