Airport, Latvia, Legislation, Transport

International Internet Magazine. Baltic States news & analytics Tuesday, 23.06.2026, 03:14

Bertolt Flick will not "cling to his seat" in airBaltic

Alla Petrova, BC, Riga, 24.08.2011.Print version
The president of Latvian national airline airBaltic and minority shareholder, Bertolt Flick, will not "cling to his seat" if it is the main precondition for further actions, the LNT television channel reported yesterday.

Bertolt Flick.

At the same time, Flick emphasized that he will strictly oppose any changes in airBaltic shareholders' agreement that would grant the state rights to influence the airline's management, writes LETA.

 

"The airline's management must consist of professionals. airBaltic is still alive and continues to operate. The airline grew because it employed professionals and not people appointed by politicians. There cannot be any political compromises when we talk about the safety of airBaltic flights. There are things that can be discussed and things that cannot, said Flick and emphasized that the state's participation in the airline's share capital increase "is not the best option."

 

As reported, yesterday, the government decided to help bail out airBaltic, stipulating the change of company's management as one of the main conditions, Transport Minister Uldis Augulis (Greens/Farmers Union) said after the government's session yesterday.

 

Consultant firm Prudentia has two weeks to evaluate how the state could participate in the further development of the company.






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