Monday, 21 September 2026

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AirBaltic files for Chapter 11 bankruptcy as Iran war costs bite

Latvia's airBaltic voluntarily filed for protection under Chapter 11 of the U.S. Bankruptcy Code in New York, it said on Monday, ​as it seeks to restructure its debt pile and survive a deepening sector-wide crisis brought on by the Iran war.

Latvia's airBaltic voluntarily filed for protection under Chapter 11 of the U.S. Bankruptcy Code in New York, it said on Monday, ​as it seeks to restructure its debt pile and survive a deepening sector-wide crisis brought on by the Iran war.

Read the full story on MyJoyOnline

Read the full story on MyJoyOnline

Source: MyJoyOnline

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