The Brink

A Cash Crunch at Air Baltic Suddenly Looks Less Daunting: The Brink

Latvia’s flagship carrier is starting to show signs of a recovery after a bruising year

An Air Baltic Corp. plane on the tarmac at Riga International Airport.Photographer: Andrey Rudakov/Bloomberg
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Welcome to The Brink. I’m Ed Clark, a reporter in London, where I’ve been looking at the tentative signs of a turnaround for Latvia’s Air Baltic. We also look at the bankruptcy of a Texas-based oil recycling business and Bolivia’s bonds after Sunday’s elections. Follow this link to subscribe. Send us feedback and tips at debtnews@bloomberg.net

A postponed IPO, a leadership void, swarming short sellers. Latvia’s flagship carrier has had a tough year.