Air Baltic Training, SIA - and Air Baltic Corporation AS Bankruptcy Filings
Both Air Baltic Training, SIA and Air Baltic Corporation AS filed for bankruptcy on September 14, 2026, in the S.D.N.Y court, with no estimated liabilities disclosed.
Why this matters
Air Baltic Training, SIA and Air Baltic Corporation AS are companies involved in the aviation sector, with Air Baltic Corporation AS serving as the national airline of Latvia, providing passenger and cargo services across Europe and beyond. On September 14, 2026, both companies filed for Chapter 11 bankruptcy in the Southern District of New York court. The filings did not disclose estimated liabilities, and there is no information available regarding the specific reasons for the bankruptcy, such as leverage, liquidity issues, or other financial distress factors. The proceedings will likely involve a restructuring process, but details on debtor-in-possession financing or potential asset sales under Section 363 have not been provided.