Deutsche Lufthansa is expanding its footprint in the Baltic region through a significant strategic investment in Air Baltic. The German aviation group has agreed to acquire convertible bonds worth €14 ...

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Lufthansa Group has signed an agreement to invest EUR14 million euros (USD14.5 million) in airBaltic (BT, Riga), securing a minority stake in the carrier and a seat on its supervisory board ... year ...

Lufthansa’s €14 million investment will be convertible into ordinary shares when AirBaltic completes its planned initial public offering, the airlines said in a statement Tuesday. Lufthansa will ...

Deutsche Lufthansa AG will buy a 10% stake in Latvian flag carrier AirBaltic AS as the German ... Lufthansa will receive a board seat as part of the transaction.

The agreement announced this evening covers a €14 million ($14.6 million) investment in airBaltic, signed between the Latvian Ministry of Transport and the Lufthansa Group. It gives the Lufthansa ...

In total, the airline operated more than 73.000 flights and achieved a seat load factor of 81,2 percent. One focus of the past year was fleet expansion. With the addition of three more Airbus A220-300 ...

Lufthansa Group has signed an agreement to acquire a 10% minority stake in airBaltic for €14 million, marking a deeper strategic partnership between the two airlines. The investment, structured as a ...

The honoured guests were hosted at AUH’s VIP Terminal and greeted by Astra Kurme, Latvia's Ambassador to the UAE, and members of the embassy in the UAE, in addition to representatives from Abu Dhabi ...