airBaltic Initiates Chapter 11 Financial Reorganisation; Flights and Customer Services to Continue

airBaltic Initiates Chapter 11 Financial Reorganisation; Flights and Customer Services to Continue

Air Baltic Corporation AS (hereinafter – airBaltic or the company), the national airline of Latvia and leading carrier in the Baltic States, today announces that airBaltic and certain of its subsidiaries have voluntarily initiated proceedings under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the Southern District of New York (the “U.S. Court”). Chapter 11 is a well-established U.S. legal framework, recognised internationally and used regularly by U.S. and international airlines, that allows companies to restructure their finances and raise capital while continuing day-to-day operations under the supervision of the U.S. Court. airBaltic is using this process to address its financial obligations and achieve a more sustainable capital structure.

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airBaltic Seeks Chapter 11 Protection as €350 Million Financing Supports Restructuring

Aviation News – Latvia’s national airline airBaltic has voluntarily filed for protection under Chapter 11 of the U.S. Bankruptcy Code in New York as it...

Aviation News EU

airBaltic files for Chapter 11

Latvia’s national airline airBaltic said this Monday it and certain subsidiaries had voluntarily filed for Chapter 11 bankruptcy protection in the United States, seeking to restructure its finances while continuing to operate flights as normal. The carrier, which describes itself as the leading airline in the Baltic states, said the proceedings were initiated in the […]

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airBaltic voluntarily initiates U.S. Chapter 11 process while continuing operations

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airBaltic files for Chapter 11 financial restructuring while flights continue

Latvian flag carrier airBaltic has voluntarily initiated proceedings under Chapter 11 of the U.S. Bankruptcy Code to restructure its financial obligations, while stressing that flights and customer services will continue as normal. According to a press release issued by the airline, airBaltic and certain subsidiaries filed for Chapter 11 protection with the U.S. Bankruptcy Court […]

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airBaltic filed for Chapter 11 protection on 14 September 2026, placing the Latvian flag carrier under the supervision of the United States Bankruptcy Court for the… The post How The Growth Gamble of airBaltic Led To Chapter 11 first appeared on The Aviation Hub .

airBaltic enters bankruptcy protection, secures €350 million to continue operations

© AvioRadar Latvian flag carrier airBaltic has initiated financial restructuring proceedings under Chapter 11 of the U.S. Bankruptcy Code before the U.S. Bankruptcy Court for the Southern District of New York. The airline stresses that its regular operations will continue without interruption and that the process will not affect passengers, flight schedules or existing bookings....

airBaltic secures court approval to continue operations under Chapter 11

A US bankruptcy court has granted airBaltic’s initial requests following the Latvian carrier’s voluntary filing for Chapter 11 protection, allowing the airline to maintain normal operations during its financial restructuring. The court also authorised airBaltic to draw an initial €140 million from a €350 million debtor-in-possession financing facility. The remaining funds will become available in […]

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