https://www.live-feeds.com/feed/latvian-flag-carrier-airbaltic-files-for-chapter-11-bankruptcy-protectionContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/latvian-flag-carrier-airbaltic-files-for-chapter-11-bankruptcy-protectionhttps://www.live-feeds.com/feed/latvian-flag-carrier-airbaltic-files-for-chapter-11-bankruptcy-protection#u69821Wed, 16 Sep 2026 05:03:28 +0000Latvian national carrier airBaltic has filed for Chapter 11 bankruptcy protection in New York to restructure its debts. The airline continues flight operations and maintains the validity of existing tickets. To support this reorganization, airBaltic has secured 350 million euros in restructuring finance, with a New York judge specifically authorizing the company to draw on nearly 162 million dollars in financing despite objections from bondholders. The filing follows severe financial strain caused by rising fuel costs and debt obligations.Why it mattersAs an all-Airbus operator, airBaltic serv