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Monday 26.08.2019 | Name days: Tālija, Natālija, Broņislava, Broņislavs
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New airBaltic Council approved

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Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RU

On Monday, January 10, the airline airBaltic shareholders’ meeting appointed a new Council, the company informs the business news portal BNN.

At the Council, Santa Glāzniece, Gints Kiršteins and Raitis Tukāns represent the state interests and were proposed by the Transport Ministry.

S. Glāzniece has large experience in the legal field and has worked at the Register of Enterprises for many years, but her current workplace is SIA LSF Holdigs. This experience will ensure solutions to legal matters, to effectively secure the state as the majority shareholder’s interests.

G. Kiršteins is a Board Member at VAS Latvijas Valsts radio un televīzijas centrs and has previously been airBaltic Council Member.

While, R.Tukāns has for a long time worked in the financial sector, and is currently employed at the broker company Maximus Capital Management. Previously, he worked for GE Money Bank, Citadel Asset Management. He also has experience as foreign financial adviser to the US company Morgan Stanley and Sun Trust Bank, which will enable the state, as a shareholder, to ensure effective financial management of the company.

SIA Baltic Aviation Systems (BAS) has proposed the former representatives Ilmārs Razumovskis and Žana Šarla-Korsaka as the Council Members.

The Transport Ministry has asked airBaltic Board to convene the first new Council’s meeting in accordance to the Commercial Law as soon as possible in order to elect the Council’s Chairman and to lawfully start solving the issues under its competence. The new Council’s task is to immediately initiate an audit to obtain an overview on all airBaltic activities, including the previous Council’s activities and the brand transaction assessment, as well as on the legal processes between the airline and the international airport Riga. As already reported, the Council is the only institution that represents the state interests in the company.


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  1. Oleg says:

    Ok, lets wait for new fusses.

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