Air Baltic Shores Up Cash Position Just In Time: The Brink

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

Recovery Signs

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

But there are signs of a turnaround. Air Baltic has started to shore up a cash position that’s dipping close to levels that would breach the ...