In recent developments reported in the news, the Prime Minister indicated that the government’s decision regarding the company is contingent upon receiving a comprehensive business plan from the airline. According to the Prime Minister, the government will assess this documentation before determining any further course of action. A.
Kulberg expressed significant reservations regarding the current development strategy of the airline. He stated that the proposed plans have not been sufficiently evaluated, emphasizing that the company must first demonstrate its capacity for financial sustainability. Kulberg specifically questioned the economic justification for the airline’s stated goals, which include plans to operate 100 aircraft and serve 10 million passengers annually, deeming these targets overly ambitious.
Furthermore, the Prime Minister criticized the broader management framework for state-owned enterprises, suggesting that the government does not consistently guarantee appropriate professional supervision. Despite these critiques of corporate governance, Kulberg maintained a point of national identity, confirming that “airBaltic” is a Latvian entity. The statements underscore a period of scrutiny, where the government’s support remains conditional on the presentation of a viable and proven financial model.
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