Lufthansa Group has signed an agreement to receive a convertible share representing a 10 per cent stake of the Latvian state airline airBaltic which will be issued at a subscription price of 14 ...

airBaltic has debuted in the world’s safest airline rankings. Data compiled by Airline Rankings indicates that airBaltic is one of the 50 safest airlines globally. Airline Rankings is a worldwide unit ...

An agreement has been reached that German airline group Lufthansa Group will become a strategic investor for Latvian airBaltic airline. Lufthansa will acquire minority participation in this airline ...

He added that various scenarios are being weighed, including other ways to raise capital. As reported, an agreement has been reached and a contract has been signed with Lufthansa, the strategic ...

This year will be decisive for Latvian national airline airBaltic. An investor will need to be found in the near future, shares will need to be released on the stock market, and the existing loan will ...

AirBaltic, based in Riga, is the largest airline in the Baltic States. It flies to more than 70 destinations from its Riga hub and has a standard fleet of 50 Airbus A220s.

News has already emerged that the new airline, Sociedad Uruguaya de Aviación (SUA), will start operations through a wet lease of Airbus A220 single-aisle jets with airBaltic, becoming the first ...

airBaltic has unveiled a specially designed livery for the carrier’s soon-to-be-delivered 50th Airbus A220-300 at the planemaker’s Mirabel final assembly plant in Canada. The livery is the result of a ...

From 840 livery design entries, airBaltic whittled down the best to just three following a vote amongst loyalty program members. The airline picked from the remaining three and then the final sketch ...

Martin Gauss, President and CEO of airBaltic commented on the development: “This is a game-changer in the future of air travel, and the test flight brings us one step closer to revolutionizing the ...