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Tuesday 07.04.2020 | Name days: Helmuts, Zina, Zinaīda
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Augulis: audit might have missed out on some irregularities in airBaltic

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Transport Minister Uldis Augulis

airbaltic audit in June might have missed out on some irregularities in the airline,” says Uldis Augulis, Transport Minister, adding that all reports on airBaltic operations are, however, in perfect order.

Importance of Augulis official visit to Kaluga (Russia) has somehow vanished in the air, because problems with the national airline are still here. Moreover, they are growing worse day by day, pushing out more and more obstacles to balanced and transparent management of the airline.

airBaltic shares abound in uncertainty as well. Augulis points out that the state might need to purchase airBaltic shares worth 59 119 lats thus covering for the gap in its capital payment. Shareholders of the airline argue that the sum has already been paid for. But this is not true, according to the Land Register.

“There are tense discussions in regard to the gap in airBaltic capital payment,” says Dzideta Innusa, deputy state secretary at the Transport Ministry. According to her, the ministry has turned to the Land Register, asking for information. They have also asked the court to forbid operations with these shares.

“The reason for this is the lack of clarity in terms of what right airBaltic council had to sell the airline’s shares,” she says.

Land Register has currently suspended the process linked to airBaltic council selling shares of nearly 60 000 lats and collecting 10 million euro for that. The government of Latvia believes the move is a bid to boost influence and get hold of the controlling share.

“Therefore, law enforcement authorities should review the case as soon as possible,” Augulis says.

A number of authorities have not yet provided their opinion on the matter, including Finance Minister Andris Vilks. Similarly, it is still unclear what caused massive cancellation of flights.

Transport Minister says they are about to learn why airBaltic cancelled eight flights on September 12 and seven on September 13. It should be added that President tof Latvia Andris Berzins and European Parliament member Valdis Kristovskis were both hold up in Brussels exactly for this reason.

According to Augulis, unofficial information shows that flights were cancelled due to too small ticket sales. However, the official information is still under way.


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