Kārlis Miksons / Latvijas Televīzija

The airline said that this additional bond issue is in line with airBaltic's strategic financial plan, allowing the airline to strengthen its financial position and ensure financial flexibility as it implements its growth plans and moves toward a possible initial public offering (IPO).

"airBaltic regularly evaluates strategies to mitigate macroeconomic and sector-specific challenges, and in the current climate, enhancing access to liquidity sources is a prudent approach. Proceeds f...