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 ...

airBaltic's relationship with the Lufthansa Group dates back to 2019 and currently includes a significant amount of wet-lease capacity. A large slice of airBaltic's Airbus A220-300 fleet is currently ...

The deal provides airBaltic with additional funding to support its growth plans, including the expansion of wet-lease agreements. Last year, the Riga-based airline signed a three-year ACMI agreement ...

airBaltic collaborates with startup airline SUA Líneas Aéreas in a strategic partnership starting in 2025. The agreement includes a wet lease of up to five Airbus A220-300 aircraft, where in exchange ...

This arrangement allows Lufthansa to flexibly deploy up to 21 of airBaltic’s Airbus A220-300 aircraft during the summer and five in the winter. These wet lease services allows Lufthansa to strengthen ...

Founded in 1995, today airBaltic operates one of Europe’s youngest fleets, consisting of 49 Airbus A220-300 aircraft, and employs over 2 700 professionals. The company is majority-owned by the Latvian ...

Three airBaltic A220-300s in the main-hangar for maintenance. Credit: Kurt Hofmann Lufthansa Group has signed an agreement to receive a convertible share granting a 10% stake of Latvian flag ...

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