As explained in paragraph (101) above, the liquidation value of the collateral was estimated at LVL [15 — 25] million (EUR [21,3 — 35,5] million).It thus appears that the level of collateralisation available for the second State loan would be low.
En effet, il semble rationnel de conclure que les propriétaires d'airBaltic ne recherchaient pas un profit à court terme, mais souhaitaient maintenir la compagnie à flot.