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International Internet Magazine. Baltic States news & analytics Monday, 23.05.2022, 06:26

Transport Ministry urges airBaltic to call shareholders' meeting immediately

Alla Petrova, BC, Riga, 22.06.2011.Print version
Latvian Transport Ministry believes that the board of the national airline airBaltic should immediately call a shareholders' meeting to ensure appointment of a new council and the company's successful development in the future, was informed by the ministry's spokesman Aivis Freidenfelds.

The Cabinet and the Transport Ministry is currently working on the airline's development scenarios to ensure competitive development of aviation in the country, The private shareholder's council members' resignation could delay the assessment of the development plan at least a month and a half, emphasizes Freidenfelds.


The ministry stresses that, at the moment, the main task is to ensure that the company's audit is completed and the full information on the company's activities – available, writes LETA.


As reported, yesterday, Ilmars Razumovskis and Jean-Charles Korsak – representatives from the joint-stock company Baltijas aviacijas sistemas, which partially belongs to private shareholder and president of the national airline airBaltic – Bertolt Flick, decided to step down from the airBaltic’s council.


Freidenfelds told that the ministry received an e-mail from the representatives, informing about the decision.


"The council's work is now basically paralyzed, therefore the state will call for the shareholders' meeting to confirm a new council," said Freidenfelds.

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