In September, airBaltic outlined its hope to raise €300 million as it continues to prepare for a potential initial public offering that could take place as early as by the end of the year. The funds would support its ambition to double in size over the next five years.
The outlook for Latvia’s flag carrier hasn’t always looked as promising, however. When CEO Martin Gauss joined the company in 2011, airBaltic was facing significant financial difficulties and the immediate question that confronted him was whether the business should continue at all.
This week's guest on Leadership Lessons, Gauss explains the key decisions that helped get the airline's turnaround on track, how airBaltic has navigated through subsequent crises, and discusses handling criticism in the social media age.
Credits:
Presenter: Antonia Garrett Peel
Producer: Inga Marsden
Artwork: David Robinson
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