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September 14, 2026

Latvia: airBaltic enters US debt talks, security agency probed — FrontPages.eu, September 14, 2026

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Latvia

Monday, September 14, 2026

📝 Corruption

Latvia's national airline, airBaltic, has commenced financial restructuring proceedings under Chapter 11 in the United States, a significant new development in the ongoing efforts to recapitalize the company. This move aims to address the airline's debt while its normal operations are expected to continue. Meanwhile, the country's Security Service faces fresh scrutiny over allegations concerning the issuance of high-level state secrets clearances to individuals with questionable backgrounds. This comes amidst broader discussions on national security and corruption, with investigative journalist Lato Lapsa also reacting to a statement from the Prosecutor General's office regarding a separate high-profile case. In brighter news, the Latvian 3x3 basketball team has clinched the European championship, bringing national pride and celebrating a significant sporting achievement. This victory adds to the country's recent successes in national sports.

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Latvia's national airline, airBaltic, has begun financial restructuring proceedings under Chapter 11 in the United States. This move aims to address the company's debt while ensuring its continued operational activities. The situation has also prompted discussions about the potential impact on Riga Airport should airBaltic cease operations.

TVNET: airBaltic Debt Review Begins in US Court under Chapter 11

The US court has started reviewing airBaltic's debt in accordance with Chapter 11 procedures, though the company's operations continue as usual.

Delfi: airBaltic Begins Financial Restructuring in the US; Continues Operations as…

Latvian airline airBaltic has initiated financial restructuring proceedings under Chapter 11 in the United States while maintaining its usual operational activities.

Pietiek: What would happen to Riga Airport if airBaltic ceased operations?

The author simulates various scenarios for Riga Airport in the event that airBaltic, the national airline, stops operating, presenting the most likely outcome.

New allegations have emerged questioning the Security Service of the Republic's practices in granting high-level state secrets clearances, particularly to individuals with alcohol dependency. This comes as investigative journalist Lato Lapsa continues to pursue other high-profile cases, reacting to the Prosecutor General's office regarding the 'CSDD extortionist' case and detailing alleged police tactics to prolong detention.

Pietiek: Lato Lapsa: How 'parasites' from the Security Service work, issuing high-level…

Investigative journalist Lato Lapsa questions how individuals within the Security Service of the Republic (VPS) allegedly issue high-level state secrets clearance to individuals with severe alcohol dependency, citing the case of a former Minister of Welfare.

Pietiek: Lato Lapsa: This is my promise in the 'CSDD Extortionist' case - bring me the…

Lato Lapsa reacts to a statement from the Prosecutor General's office regarding a 'just legal settlement' in the 'CSDD extortionist' case, vowing to write a new book if provided with case materials.

Pietiek: 'Phone found in the cell' and other police 'tricks': how to keep a person in…

The article details methods used by law enforcement to keep individuals in custody, even when legal grounds are questionable.

Pietiek: Aksenoks and CSDD data leak scandal: does a marriage contract really protect…

Recently, a case related to the extensive data leak in August has surfaced in the public sphere, raising questions about legal protections.

The political landscape is marked by ongoing discussions, including a live program featuring former Prime Minister Evika Siliņa and other "New Unity" politicians. Additionally, there's analysis suggesting structural problems within Prime Minister Andris Kulbergs' government and a focus on parliamentary spending control.

Delfi: Live Video: 'Next, Please!' Features Ašeradens, Siliņa, and Bērziņa from 'New…

A live video broadcast of a discussion program titled 'Next, Please!' featuring politicians Arvils Ašeradens, Evika Siliņa, and Zanda Kalniņa-Lukaševica from the 'New Unity' party.

Pietiek: Looking for a doorman, but haven't tidied our own house.

A discussion about parliamentary spending control has been sidetracked; before questioning external oversight of parliament, the internal affairs need addressing.

Pietiek: Kulbergs' government has a structural problem. Will the Prime Minister and…

The government presents itself as supportive of business and the economy, but this also brings certain challenges and responsibilities that need addressing.

The business sector sees activity with a new list of the top 10 highest-earning startups in Latvia. Meanwhile, urban development is underway in Riga with the transformation of an industrial zone into a new multifunctional quarter named 'Fabrika'. Additionally, a Liepaja-based orthopedic company is combining surgical practice with new medical device production.

IR: Madara Cosmetics Founder Lotte Tisenkopfa-Iltnere: 'I Have a Complicated…

Lotte Tisenkopfa-Iltnere, co-founder of Madara Cosmetics, discusses 20 years in business, financial discipline, handling failures, and the importance of a company giving back to its owners.

IR: AGM Orthopedics in Liepaja Combines Surgical Practice with New Medical Device…

Spine surgeon Agris Mertens aims for global success as an inventor and entrepreneur, creating specialized spinal braces and military tourniquets.

IR: Top 10 Highest Earning Startups in Latvia

A list and analysis of the 10 most profitable new businesses in Latvia.

Delfi: Rivers of Milk Flow: Multifunctional 'Fabrika' Quarter Being Built in Riga…

The industrial zone on Valmieras Street in Riga is undergoing transformation with the development of a new multifunctional quarter named 'Fabrika'.

Director Toms Treinis explores themes of fatherhood and masculinity in his new play, offering a cultural reflection. In education, a Latvian student, Ilja Polis, has been admitted to Harvard University, with his father Edgars Polis credited for his support.

IR: Director Toms Treinis on Fatherhood, Masculinity, and Demographics

Director Toms Treinis discusses his play 'Stiprais dzimums' (The Strong Sex) which explores fatherhood and masculinity, allowing for raw emotions and love.

IR: Edgars Polis from Balvi Lets Son Study at Harvard

Ilja Polis, one of the few Latvian youth admitted to Harvard University, credits his father Edgars Polis for his lifelong support.

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