Airline Files for Bankruptcy - but Expert Warns NOT to Cancel Flights
The Latvian carrier says flights, bookings and refunds will continue while it restructures debt, with UK routes carrying about 4,144 passengers a week.
7 Articles
7 Articles
Major European airline with flights from London files for bankruptcy
Latvia’s national airline has told customers that flights will ‘continue as normal’ after it initiated bankruptcy proceedings.
Latvian national carrier airBaltic has begun a financial reorganization procedure in the US, but has assured its passengers that flights will continue as usual. On September 14, the airline voluntarily filed for Chapter 11 protection under US law. The procedure allows the carrier to continue operating while it restructures its finances, The Independent reports. airBaltic emphasizes that the step taken will not change the airline's daily operatio…
European airline used by 4,000 UK passengers a week files for...
A EUROPEAN airline that carries thousands of British passengers every week has filed for bankruptcy. The travel company organises flights to the Baltic region f... #travel, #planesflightsandairlines, #trends, #latvia, #flyingeze
Air Baltic applies for creditor protection in the USA after "Chapter 11" and negotiates on job cuts. The Federal Government grants a UAE airline a fifth German landing point – criticism comes from Lufthansa and Verdi. Meanwhile, the Lufthansa Group is resuming its own Dubai flights.
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