24/05/2022 (Agence Europe) – On Tuesday 24 May, the European Commission approved a €33.4 million Latvian aid measure to recapitalise airBaltic in the context of the coronavirus pandemic. airBaltic is the largest airline in Latvia and plays a major role in the Latvian economy. Its main shareholder is the Latvian State, which, after the recapitalisation approved on 3 July 2020, currently holds a stake of about 97% in the company. This €33.4 million recapitalisation, which will be...