More than 25% of outstanding bond principal was represented at the reconvened meeting yesterday — clearing the quorum bar that an August 3 vote failed to meet — and over 75% of those who voted approved a narrow set of…
Latvia’s prime minister didn’t hedge his language. Andris Kulbergs called today’s bondholder vote “the last chance to really save airBaltic” — the actual description of the airline’s precarious situation. An initial vote on August 3 failed for lack of quorum.…
airBaltic has published its Q1 2026 results, with the Latvian airline deciding against publishing full-year guidance amid worsening quarterly losses. On May 13, 2026, airBaltic unveiled a €70.1 million ($82.1 million) net loss for Q1 2026, a €40.7 million ($47.6…
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Lufthansa is one of aviation’s most storied brands. Founded in 1926 in Berlin as Deutsche Luft Hansa A.G., it quickly became a European leader in the 1930s, operating across Europe, Africa, and even transatlantic routes. The modern Lufthansa Group has…
The EU is different than other regions with respect to its focus on “green initiatives”, especially the commercial aviation sector. There is a carbon tax on jet fuel and the costs of running an airline in Europe will keep rising. …