economyMonday, September 14, 20262 sources

AirBaltic Submits for Bankruptcy Protection Under US Chapter 11

AirBaltic, a state-owned Latvian airline, filed for protection under Chapter 11 of the US Bankruptcy Code on April 14, 2026, in Riga. The move aims to restructure its finances and reduce debt. The request was announced on Monday, though sources disagree on the exact date.

AirBaltic, based in Riga, Latvia, submitted a request for bankruptcy protection under Chapter 11 of the US Bankruptcy Code. The financial restructuring is intended to reduce its debt burden. The state-owned airline announced the request on Monday, April 14, 2026, in Riga, according to the Lithuanian newspaper Lietuvos Rytas. The Lithuanian National Radio and Television reported the same event, but noted the request was submitted on Monday without specifying the date. The two sources differ on the exact date of the announcement, with one citing April 14 and the other only mentioning Monday.

Where Sources Diverge

The first source mentions the request was submitted on Monday, while the second source specifies the date as April 14.

lithuanian-national-radio-and-television

Monday

lietuvos-rytas

April 14

Sources

IndependentLietuvos rytasSep 14, 04:00 PM

airBaltic

airBaltic, a Latvian airline company facing financial difficulties, submitted a request for protection from bankruptcy in the United States. On Monday, April 14, the state-owned company announced this in Riga.

PublicLithuanian National Radio and TelevisionSep 14, 11:58 AM

AirBaltic

Latvian airline AirBaltic announced on Monday that it has submitted a request for protection under Chapter 11 of the US Bankruptcy Code; a financial restructuring is being carried out, aiming to reduce debt, reports REUTERS.