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Bombardier’s CSeries relaunch rides on AirBaltic bailout

Sleek in blue and white livery under a hangar spotlight at Riga airport, a single Bombardier CSeries jet symbolizes a rebirth for both the Latvian flag carrier and the planemaker.


December 4, 2015
By Reuters

Both companies are looking for a relaunch based on the economics of lightweight jets, whose lower emissions appeal to a country with Europe’s first Green head of state.

But the airline’s growth hangs in the balance as Latvia’s parliament prepares to vote on an 80-million-euro lifeline needed to pay for the jets, with implications for Bombardier and the last Baltic flag carrier. | READ MORE