airBaltic (BT, Riga) is expected to launch its initial public offering (IPO) in the second quarter of 2025 and has selected the London Stock Exchange, unnamed sources told the news agency Bloomberg. The company is also considering a dual listing, with Riga being the likely candidate.

The airline is hoping to raise EUR300 million euros (USD327 million) via the IPO. The government of Latvia intends to keep a minority stake after the listing, maintaining 25% ownership plus one share. The state currently holds a 97.97% stake….

Source: ch aviation
Read more: Latvia's airBaltic targets London IPO in 2Q25 – report