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Aug 22, 2024 (newstodate): In technical terms, Latvia's Riga Airport has now fully recovered from the corona pandemic.
   Riga Airport has thus successfully exited the State Support Scheme granted during the pandemic for covering losses caused by the crisis caused by Covid-19, overcoming the economic crisis and stabilizing the sector.
   According to the decision of the EU Commission, the state aid is considered terminated if an independent assessment concludes that two years after the receipt of the state aid instrument, the market value of Riga Airport's shares has increased compared to its value at the moment of the receipt of the state aid.  
   Independent auditors have thus verified that the market value of the company on December 31, 2023, was indeed higher than the market value before receiving the aid, meaning that the airport has successfully fulfilled the conditions and concluded the participation in the aid instrument.