The story
Latavio, the local Latvian branch of Aeroflot, provided air transportation during the time when Latvia was a part of Soviet Union. After the dissolution of Soviet Union in 1991 Latavio become a separate company. Latavio had 22 jet aircraft and 14 turboprops, according to Flight International. It employed about 550 people in 1995.
Latavio was eventually shut down after a failed privatization attempt in late 1995.
From Wikipedia’s article on Latavio, shared under CC BY-SA 4.0.4
