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AirBaltic Files For Chapter 11 Bankruptcy Protection Amid Iran War Crisis

WASHINGTON (dpa-AFX) - Latvia's airBaltic voluntarily filed for Chapter 11 bankruptcy protection in New York on Monday as it seeks to restructure its debt and cope with soaring costs linked to the Iran war.The airline secured a commitment for EUR 350 million in financing from lenders including Stra…

The airline secured a commitment for EUR 350 million in financing from lenders including Stra…