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airBaltic’s Chapter 11: What it means for Air Cargo - CargoForwarder Global
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airBaltic’s Chapter 11: What it means for Air Cargo - CargoForwarder Global
Just one year on from celebrating its 30th anniversary, Latvian flag carrier, airBaltic has filed for Chapter 11 bankruptcy protection in the United States. The airline is seeking to restructure a heavy debt burden amid soaring fuel costs, engine shortages and geopolitical disruption. Majority‑owned by the Latvian state, airBaltic says flights and services will continue […]
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