Tuesday, April 14, 2026

Headlines

government support

Riga Airport is trying to make itself more attractive for the introduction of new destinations

To encourage the introduction of new destinations at Riga Airport, the government on Tuesday reduced the fee that airlines must pay for each passenger on a new outbound destination served by the airport. Although this will ease the financial burden on airlines, the main cost items that, for example, Ryanair complains about will not be changed. For the 2025/2026 winter season, Ryanair has significantly reduced its total seat capacity (by around 20%), concentrating capacity in markets with lower […]

The number of “startups” is growing, but not fast enough to reach the target

When the Saeima adopted the Start-up Support Law, one of the goals set was to create an ecosystem that would make Latvia the No. 1 country of choice in the Baltics for start-up founders, reminds a report by the Ministry of Economics, which is being reviewed by the government today. After almost eight years of the law being in force, it does not appear that this goal has been achieved. However, industry experts say that “things are not all that […]