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  1. S&P downgraded the credit rating of AirBaltic, Latvia's national airline.

Latvia's State and Saeima are reviewing a bill to provide financial stabilization for AirBaltic.

1 report, 1 independent Updated Aug 19
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What happened

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Latvia's State and Saeima are reviewing a bill to provide financial stabilization for AirBaltic.

Who's involved

What this event is mainly about
LatviaAirBalticSaeima

How it developed

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  1. AirBaltic filed for Chapter 11 bankruptcy and secured financing from lenders including Oaktree Capital Management and Morgan Stanley.Sub-event
  2. AirBaltic is majority owned by the Latvian state.Sub-event
  3. The situation surrounding Latvia's national airline, AirBaltic, has stabilized, with some positive role attributed to experience in Ukraine.Sub-event
  4. While Latvia's Saeima reviews a bill for AirBaltic's financial stabilization, political candidate Viktors Valainis advocates for better management of the company.Sub-event
  5. Latvian parliament reviews bill for financial stabilization of AirBaltic.1 source

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S&P downgraded the credit rating of AirBaltic, Latvia's national airline. All 1 developments

The entities involved

Coverage

Newest first; wire copies grouped