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aviationLatvia / United States

AirBaltic Files for Chapter 11 Bankruptcy Protection

Latvia's AirBaltic has filed for Chapter 11 bankruptcy protection in the U.S., seeking court protection from creditors to restructure its debt. The airline filed in the U.S. Bankruptcy Court for the Southern District of New York, saying flights will continue as scheduled and tickets, reservations and customer service are unaffected. It expects the process to take until around June 2027. AirBaltic has secured a commitment for €350 million ($404 million) in new financing to support operations during restructuring.

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Impact and considerations

For travel buyers, AirBaltic flights continue in the near term, but the restructuring and negotiations with creditors and lessors tied to its Airbus A220-300 fleet could affect future routes and capacity. Companies should monitor the airline's long-term network stability and lessor arrangements.

Key points

  • Latvia's AirBaltic filed for Chapter 11 bankruptcy protection in the U.S. to restructure its debt under court protection.
  • The filing was made in the U.S. Bankruptcy Court for the Southern District of New York.
  • The airline said flights will continue as scheduled and tickets, reservations and customer service are unaffected.
  • It expects the process to take until around June 2027.
  • AirBaltic has secured a commitment for €350 million ($404 million) in new financing.
  • AirBaltic operates a fleet of Airbus A220-300 aircraft.

Sources and time

Primary source
Skift
Other sources
0
First source publication
14 Sept 2026, 17:56
Page published
15 Sept 2026, 00:02
Last updated
14 Sept 2026, 17:56
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