Posts tagged as aviation sector

Rīga airport losses in first half of 2020 amount to EUR 6.5 million

Wednesday, September 2, 2020

In the first six months of 2020, the state stock company “Rīga International Airport” experienced a loss of EUR 6.5 million, according to the company’s unaudited interim report for the first half-year, the company said September 2. At the airport, the net turnover for the first half of 2020 was EUR 16.7 million, EUR 14.4 million or 46% less than expected in this year’s budget. In the first half of…

Agreement signed on development of new aviation strategy for Latvia

Saturday, May 12, 2018

Aviation Association of Latvia and the Latvian Ministry of Transport signed (10-May-2018) a memorandum of cooperation (MoC) for the development of aviation in Latvia. Key highlights include: The parties will develop an aviation strategy for 2019 to 2025, based on a vision of developing the national aviation industry across the entire range of aviation services; The memorandum intends to focus on business aviation and aviation employment, education and research, aircraft…