airBaltic seeks bridge funding from bondholders as cash pressures mount; Lufthansa confirms wet-lease partnership
Bookmark this storyLatvia’s state-backed airBaltic is exploring short-term bridge financing with its existing bondholders while it reviews its capital structure, Reuters reported. One report says the airline may need up to $170mn. Separately, Lufthansa Group said it remains engaged on the wet-lease partnership with airBaltic despite the financing review.
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