airBaltic Receives First Tranche of Financing Worth EUR 140 Million
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Latvian national airline airBaltic has received the first tranche of 140 million euros in financing under a decision by the US Bankruptcy Court for the Southern District of New York, airBaltic's Head of Public and Political Relations Augustas Zilbertas confirmed to LETA.
airBaltic received the first part of the financing raised in the “Chapter 11" process in the amount of 140 million euros
Latvian national airline airBaltic has received the first tranche of financing raised in the Chapter 11 process in the amount of 140 million euros. More than half of this amount is planned to be used to purchase eight aircraft and seven spare engines.
Latvian national airline airBaltic has received the first tranche of financing in the amount of 140 million euros, in accordance with the decision of the Bankruptcy Court for the Southern District of New York, confirmed Augusts Zilberts, head of public and political relations at airBaltic.
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