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Global Trade Alert

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Latvia: Capital injection in airBaltic in response to the COVID-19 pandemic

Description

On 3 July 2020, the European Commission approved a EUR 250 (USD 312.5) million capital injection measure by Lativa in airBaltic, the flag carrier and the largest airline in Lativa. AirBaltic is owned ...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

03 Jul 2020

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

Graph

Table

Affected Sectors

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Affected Products

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