https://www.live-feeds.com/feed/airbaltic-files-for-chapter-11-bankruptcy-as-iran-war-costs-biteContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/airbaltic-files-for-chapter-11-bankruptcy-as-iran-war-costs-bitehttps://www.live-feeds.com/feed/airbaltic-files-for-chapter-11-bankruptcy-as-iran-war-costs-bite#u69998Wed, 16 Sep 2026 08:10:29 +0000Latvian national carrier airBaltic has entered voluntary US Chapter 11 bankruptcy proceedings as rising fuel costs stemming from conflict in the Middle East intensify pressure on its balance sheet. A US court judge has accepted the filing for the all-Airbus European airline. The carrier has secured €350 million in restructuring finance and reports holding approximately $583 million in debt, alongside €106 million in payroll taxes, airline taxes, and fees. Company leadership expects the financial reorganisation process to take between nine and 12 months, and airline officials maintain that sche