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
Airbus
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
JetZero secures US$100 million financing as Z4 program moves toward full-scale flight
New credit facility will fund demonstrator work and production infrastructure as the company prepares its blended-wing aircraft for a 2027 first flight
Saudia prepares Airbus financing as group weighs another major aircraft order
New agreement can support aircraft already in the group's large Airbus backlog as well as potential future purchases