AirBaltic bailout may lead to Flick resignation
Posted 08/09/2011
AirBaltic’s (BT) two main shareholders—the Latvian state and Baltijas Aviacijas Sistemas (BAS), the company controlled by the carrier’s president and CEO Bertolt Flick—are entangled in another dispute, as the government vows to make a capital injection in the company conditional on Flick’s resignation, according to media.
Originally published 8 Sep 2011 at: http://feeds.atwonline.com/~r/AtwDailyNews/~3/ebVuWeHHU3s/airbaltic-bailout-may-lead-flick-resignation-0907
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