Germany’s Lufthansa Group has confirmed that it has acquired a 10% stake in Riga-based Latvian flag carrier airBaltic. The deal, announced on Wednesday, January 29, 2025, confirms an intention first ...

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 ...

Lufthansa Group is further investing in the future of airBaltic. The German aviation giant signed an agreement on January 29, to invest 14 million euros in exchange for a 10% convertible share in ...

RIGA - Latvia's national carrier airBaltic should go public after the deal with Germany's Lufthansa is finalized, Transport Minister Kaspars Briskens (Progressives) told LETA. The minister said that ...

An airBaltic executive has shared that the airline’s talks with a strategic investor, which was supposed to be a validator of the airline’s business model and facilitator of the initial public ...

In early January, Latvian carrier airBaltic conducted its certification test flight of SpaceX’s Starlink high-speed internet aboard its Airbus A220-300. The flight tested both the Starlink aero ...

Jan 29 (Reuters) - Lufthansa (LHAG.DE), opens new tab has agreed to acquire a 10% stake in IPO-bound Latvian airline airBaltic, the German airline said on Wednesday, its latest move to expand its ...

Lufthansa's recently acquired 10 percent stake in Latvian airliner airBaltic is also positive news for Estonian passengers, said former Nordica CEO Erki Urva. It can also be seen as a seal of approval ...

A row has erupted between the Latvian government and the country’s largest airline, airBaltic. It follows the recent disclosure that airBaltic has been forced to cancel 4,670 flights for its 2025 ...

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 ...