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AirBaltic Just Filed for Bankruptcy and Passengers Won't Even Notice
Description
Latvia's AirBaltic files for Chapter 11 bankruptcy protection as fuel costs and a failed IPO take their toll, Starlink is becoming a must-have for airlines but somebody is going to have to pay for it, and Etihad's biggest problem right now is that it doesn't have enough planes to meet demand.
On today's Skift Daily Briefing, Tasmin Lockwood, Skift's Climate and Experiences Reporter, breaks down why AirBaltic's restructuring is a test case for whether mid-sized European flag carriers can restructure their way back, who ends up footing the bill for the Starlink upgrade travelers are now demanding, and why Etihad's supply constraint is actually the best kind of problem to have.
This episode is brought to you by ZS
Articles Referenced:
Connect with Tasmin Lockwood
AirBaltic Files for Chapter 11 Bankruptcy Protection as Financial Pressures Mount
Starlink Is a Must-Have for Airlines but Somebody's Got to Pay
Etihad CEO Says Aircraft Is the Constraint as China and Africa Drive Growth
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