Comment: Leif Holmkvist

Man standing beside a green and white airBaltic aircraft under a pale sky.

Photo (background picture): Swedavia

A judge and some venture capitalists will decide Air Baltic's future

Air Baltic is to be slimmed down and put through the wringer via Chapter 11 in just one year. It will be tough for CEO Erno Hildén, but he has practised at SAS.

Leif Holmkvist Leif Holmkvist

Published 15 September 2026 - 18:40 Modified 15 September 2026 - 18:40

lufthansa chapter 11 aviation air baltic erno hildén latvia flights column

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A judge and some venture capitalists will decide Air Baltic's future

Air Baltic is to be slimmed down and put through the wringer via Chapter 11 in just one year. It will be tough for CEO Erno Hildén, but he has practised at SAS.

Upplysta husfasader längs en kanal med båtar förtöjda vid kajen i skymningsljus.

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Michel Thomas, Per G Braathen and Eric Matsgård standing together in a modern glass office.

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Stadsbild med täta hus på en sluttning, en moské med kupol och minaret samt ett kyrktorn.

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Portrait of David Svensson overlaid on a dark Utkik app interface with map graphics.

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Ett airBaltic-flygplan taxar på en start- och landningsbana med ett annat flygplan i bakgrunden.

Air Baltic files for Chapter 11

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Man i kostym talar framför ett SAS-flygplan och håller dokument i handen.

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Markus Olsson and Mattias Eriksson seated inside a bright private aircraft cabin.

Aviation runs in the family – Unlox now invests SEK 50 million in Jonair

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