The Smart Marty Sky Dispatch
airBaltic seeks court approval for Austrian wet lease
Under its current Chapter 11 proceedings in New York, airBaltic (BT, Riga) is seeking US bankruptcy court approval to assume a wet-lease agreement dated October 2026 with...
airBaltic seeks court approval to assume a wet-lease agreement in connection with its Chapter 11 proceedings in New York. The carrier is requesting permission from a US bankruptcy court to proceed with the lease, which involves operations tied to an Austrian-based agreement dated October 2026.
The development is emerging from airBaltic’s ongoing Chapter 11 process, currently centered in New York. The airline is pursuing court authorization to continue or formalize the existing wet-lease arrangement as part of its restructuring actions.
Details about the specific aircraft, the lessor, or the terms of the Austrian wet-lease arrangement have not been disclosed in the material available. The report focuses solely on the request for court approval within the bankruptcy case.
No information is provided regarding the potential impact on routes, schedules, or service levels during the interim period, nor any statements from the airline about why the lease is being pursued in the context of the Chapter 11 proceedings.