Airlines · Saturday, 5 September 2026
airBaltic secures $298 million in interim financing
airBaltic has reached an agreement for up to $298.5 million in interim financing to navigate market instability.
TL;DR
The funding, subject to bondholder approval on September 11, will be raised through new bonds to support the airline's revised business plan. The financing is crucial for the carrier as it attempts to manage high costs and supply chain constraints while scaling back its A220 fleet expansion.
AirlineGeeks4 Sept, 16:12 BST
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