Global Trade Alert
Global Trade Alert

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

Announcement

03 Jul 2020

On 3 July 2020, the European Commission approved a Latvian capital injection measure in favour of airBaltic.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

03 Jul 2020

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts) In force

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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