The Latvian government will have to decide on additional capital needed for the country’s national air carrier, airBaltic, in 2026, Finance Minister Arvils Aseradens stated, LETA reports. He stressed that the airline’s future operations required capital investment. However, the government would have to seek additional sources of funding for such an investment, the minister explained. The Ministry of Transport could present proposals on further action to the government in August or September 2026, Aseradens said. Earlier, the government granted a short-term loan of EUR 30mn to airBaltic, which reported an annual loss of over EUR 44mn in 2025. The company has suspended plans for a possible IPO.
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