The two parties say that the transaction closure is planned for the second quarter of 2025, subject to antitrust review.

Latvian carrier AirBaltic is now expecting to have its full Airbus A220-300 fleet back in service at some point in 2027, based on updated guidance from Pratt & Whitney. Just before Christmas 2024 ...

"The new Supervisory Board brings together outstanding professionals with extensive experience in aviation and finance, and I ...

Lufthansa Group has signed an agreement to receive a convertible share representing a 10 per cent stake of the Latvian state ...

The latest order will result in airBaltic operating 90 Airbus A220-300 aircraft ... helping to position Uruguay as an attractive destination for tourism and business. Launching the new airline aligns ...

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. The Latvian airline has ...

"The engines of airBaltic's Airbus 220-300 aircraft have also become ... around €60-70 million per year to ensure reasonably affordable tickets to essential destinations." Peterson said this idea ...

Lufthansa Group has entered into an agreement to acquire a convertible share that represents a 10 percent ownership interest in the Latvian state airline airBaltic, which will be issued at a ...

RIGA/FRANKFURT - The Ministry of Transport of Latvia, airBaltic, and Lufthansa Group announce the signing of an agreement for Lufthansa Group to invest EUR 14 million in airBaltic for a minority stake ...

Deutsche Lufthansa AG will buy a 10% stake in Latvian flag carrier AirBaltic AS as the German carrier group continues its consolidation push in Europe. Lufthansa’s €14 million investment will ...