airBaltic crisis forces SWISS to prepare backup plan for wet-leased A220s
Five aircraft from the Latvian carrier currently operate for SWISS, whose parent Lufthansa Group also owns a 10% stake in airBaltic
Airbus
airBaltic: from A220 model operator to potential cancellation of 40 aircraft
Latvian carrier built one of the world’s largest A220 fleets but now plans to shrink to 36 aircraft and could eliminate its entire remaining Airbus backlog
airBaltic 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
airBaltic seeks €257 million emergency financing at 25% interest
Bondholders will vote on September 11 on a costly short-term financing package that would give new lenders priority over existing creditors
airBaltic to shrink Airbus A220 fleet as airline abandons 100-jet expansion plan
Latvia's state-owned carrier expects to operate 36 A220-300s by the end of 2026 while seeking fresh financing and recapitalization