Reading Time: < 1 minute The Latvian government has approved a € 90 million cash injection for the state-owned airline airBaltic. The financial aid will help the carrier to offset pandemic woes. Although the Council of Ministers of the Republic of Latvia has approved the package already, it remains subject to the European Commission’s approval. The government expects airBaltic to […]

Reading Time: < 1 minute The European Commission has announced recently that the struggling Alitalia will be getting a financial support package worth €39.7 million. This move will compensate the carrier for the damages suffered due to the coronavirus outbreak between 1 March and 30 April 2021. The Commission explained its decision: “The restrictions put in place in Italy and […]