Jet Time chairman acquires 20% of airBaltic
Danish entrepreneur Lars Thuesen, who is 100% owner and chairman of Danish wet-lease operator Jet Time, has acquired 20% of airBaltic from German businessman Ralf Dieter Montag-Girmes. Private investor Montag-Girmes, who has a background in corporate finance, originally acquired the 20% stake in 2015 following a 4-year privatisation process. Montag-Girmes already knew former Scandinavian Airlines CFO Thuesen indirectly and he said the sale, which was completed last week, was “very straightforward.” Jet Time already performs Boeing 737 wet-lease work for airBaltic under a contract that was secured independently of the ownership change. AirBaltic is looking to become the reference carrier for the Baltic region under its Horizon 2021 strategy. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2017-04-12/unaligned/jet-time-chairman-acquires-20-of-airbaltic
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Jet Time chairman acquires 20% of airBaltic
Danish entrepreneur Lars Thuesen, who is 100% owner and chairman of Danish wet-lease operator Jet Time, has acquired 20% of airBaltic from German businessman Ralf Dieter Montag-Girmes. Private investor Montag-Girmes, who has a background in corporate finance, originally acquired the 20% stake in 2015 following a 4-year privatisation process. Montag-Girmes already knew former Scandinavian Airlines CFO Thuesen indirectly and he said the sale, which was completed last week, was “very straightforward.” Jet Time already performs Boeing 737 wet-lease work for airBaltic under a contract that was secured independently of the ownership change. AirBaltic is looking to become the reference carrier for the Baltic region under its Horizon 2021 strategy. <br/>
