The Latvian flag carrier and low cost airline airBaltic has become the first company to show interest to purchase the tender documentation for the creation of a successor airline to Jat Airways.
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The Government of Latvia recently bailed out airBaltic which was on the brink of bankruptcy. As a result, experts believe that behind this interest stands another company which is using airBaltic so as not to reveal itself. airBaltic is not a member of any alliance and is owned by the Latvian government. However, it previously shared strong ties with SAS Scandinavian Airlines as it was partially owned by the three-state national airline.
Source balkans.com
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