airBaltic Initiates Chapter 11 Financial Reorganisation; Flights and Customer Services to Continue
Cobertura cronológica
Primera noticia14 sept, 07:47airBaltic 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.
Breaking Travel News
- Seguimiento14 sept, 08:43
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
Seguimiento14 sept, 08:55airBaltic 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 […]
AviTrader•Heike Tamm
Seguimiento14 sept, 08:57airBaltic voluntarily initiates U.S. Chapter 11 process while continuing operations
LARA•Satu Dahl
Seguimiento14 sept, 09:56AirBaltic Files for Chapter 11 Bankruptcy Protection as Financial Pressures Mount
Passengers probably won’t notice AirBaltic’s bankruptcy filing. Its creditors, lessors and shareholders certainly will.
Skift Airlines•Gordon Smith
Seguimiento14 sept, 10:08airBaltic files for Chapter 11 days after seeking €257 million lifeline at 25% interest
Latvian carrier secured commitments for €350 million in bankruptcy financing as it seeks to restructure debt while maintaining operations
Air Data News•Ricardo Meier
Seguimiento14 sept, 11:28airBaltic files for Chapter 11 bankruptcy protection in US
Latvia’s flag carrier airBaltic has filed for Chapter 11 bankruptcy protection in the United States, launching a court-supervised…
AeroTime•Clement Charpentreau
Seguimiento14 sept, 13:06AirBaltic Files for Bankruptcy
Flight operations will continue as normal, the carrier said.
AirlineGeeks•Zach Vasile
Seguimiento14 sept, 13:19Latvian Flag Carrier airBaltic Files For Chapter 11 Bankruptcy Protection
airBaltic has filed for Chapter 11 bankruptcy protection in the US to restructure its debt, with flights continuing as usual during the process.
One Mile at a Time•Ben Schlappig
Seguimiento14 sept, 14:30airBaltic 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 […]
Aviation24.be•Bart Noëth
Seguimiento14 sept, 20:27How The Growth Gamble of airBaltic Led To Chapter 11
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 .
TAThe Aviation Hub•The Aviation Hub
Seguimiento15 sept, 11:59airBaltic 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....
AAvioRadar•AvioRadar
Seguimientohace 8 hairBaltic 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 […]
Aviation24.be•André Orban
Seguimientohace 7 hBoost for airBaltic as US bankruptcy court approves access to financing
The US Bankruptcy Court for the Southern District of New York has approved airBaltic to access $162 million…
AeroTime•Ian Molyneaux
Más recientehace 7 hEurope's Largest Airbus A220 Carrier Files For Chapter 11 Bankruptcy: What Next?
Latvian flag carrier airBaltic, which also operates bases in nearby countries Estonia, Finland, and Lithuania, has filed for Chapter 11 Protection in the United States Bankruptcy Court for the Southern District of New York. These kinds of bankruptcy proceedings are often used by airlines looking to improve their financial situation without having to put a stop to their operations altogether.
Simple Flying•Chris Loh