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airBaltic agrees up to €257 million in interim financing to support restructuring and fleet reduction

Latvian carrier airBaltic has agreed terms with certain existing bondholders and third-party finance providers for up to €257 million ($299 million) in interim financing. The funding is intended to strengthen liquidity and support the airline’s restructuring program, including its fleet-reduction strategy, as it works to avoid a potential 2026 default.

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Emirates Upgrades Premium Economy With Electric Privacy Dividers as A380 Capacity Shifts to Singapore

Emirates is introducing a next-generation premium-economy seat on its Airbus A350s, featuring a full-height electric privacy divider, wireless charging and enhanced adjustment. The move comes four years after launching the cabin, while the airline reallocates Airbus A380 service from 10 cities to add a second daily superjumbo flight to Singapore.

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Azorra sees Pratt & Whitney engine disruptions easing as demand for regional jets remains strong

Aircraft lessor Azorra says Pratt & Whitney’s engine troubles show signs of improvement, while demand for smaller, fuel-efficient regional jets remains strong. President Ron Baur expects that demand to persist despite broader industry disruptions and higher fuel costs, underscoring continued interest in efficient fleet types.

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