Latvia’s Air Baltic Plans Smaller Fleet, Debt-for-Equity Swap

Bloomberg Markets•Tue, Aug 11, 2026, 03:49 PM•2 min read

Air Baltic Corp has outlined a plan to turn around the ailing business by cutting costs and swapping much of its existing bond for equity.

Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-08-11/latvia-s-air-baltic-plans-smaller-fleet-debt-for-equity-swap)

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