AirBaltic blames Iran war for bankruptcy, others like Etihad see rise in air travel demand | TheStarTV.com

AirBaltic blames Iran war for bankruptcy, others like Etihad see rise in air travel demand

Published on 15 Sep 2026 5:12:21 PM

AirBaltic is in talks with labour unions to come to an agreement on an "adjustment in the workforce" as the Latvian carrier announced its bankruptcy to restructure its debt and survive a deepening sector-wide crisis brought on by the Iran war.

Other airlines and hospitality companies like Etihad Airways said their passenger-carrying capacity is running above year-earlier levels as Gulf carriers rebound from disruption.

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Keywords
news, thestartv, the star, middle east, west asia, conflict, war, iran, usa, america, etihad airways, airbaltic, bankruptcy, oil and gas crisis, strait of hormuz

AirBaltic is in talks with labour unions to come to an agreement on an "adjustment in the workforce" as the Latvian carrier announced its bankruptcy to restructure its debt and survive a deepening sector-wide crisis brought on by the Iran war.

Other airlines and hospitality companies like Etihad Airways said their passenger-carrying capacity is running above year-earlier levels as Gulf carriers rebound from disruption.

WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline

Keywords:
news, thestartv, the star, middle east, west asia, conflict, war, iran, usa, america, etihad airways, airbaltic, bankruptcy, oil and gas crisis, strait of hormuz

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