AirBaltic Wins Bondholder Approvals Amid Strategic Review

AirBaltic A220-300 aircraft landing

AirBaltic A220-300 landing.

Credit: Airbus Canada Limited Partnerships 2018
AirBaltic’s bondholders have approved a series of extraordinary resolutions linked to the airline’s €380 million ($440 million) 14.50% bonds due in 2029, giving the airline more flexibility as it seeks to secure interim financing amid planned strategy changes including a reduction in its fleet. “The...
Helen Massy-Beresford

Based in Paris, Helen Massy-Beresford covers European and Middle Eastern airlines, the European Commission’s air transport policy and the air cargo industry for Aviation Week & Space Technology and Aviation Daily.

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