Lufthansa Group has agreed to invest €14 million in AirBaltic for a convertible share representing a 10 percent stake in the Latvia-based carrier, the companies announced Wednesday. Lufthansa also ...

Thai Airways is bringing regional business class to its single-aisle Airbus A320 jets, adding a dash of short-range comfort and points-based upgrades into the mix. Thai’s A320 Royal Silk business ...

and recognizes airBaltic’s leading market position and unique hybrid business model. The transaction strengthens Lufthansa Group’s role as a strategic partner of airBaltic. airBaltic (Air Baltic ...

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 ...

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 ...

Jan 29 (Reuters) - Lufthansa (LHAG.DE), opens new tab has agreed to acquire a 10% stake in IPO-bound Latvian airline airBaltic ... in an effort to revamp its business. The German flag carrier ...

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Lufthansa Group has agreed to invest €14 million in AirBaltic for a convertible share representing a 10 per cent stake in the Latvia-based carrier, the companies announced on Wednesday. Lufthansa will ...

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 ...

Latvian national airline airBaltic has selected a global management consulting firm Boston Consulting Group (BCG) in a tendering process to review the business model for the future development of the ...

Short flights within Thailand and around Asia now offer business class on the single-aisle jets.

Vasks also reiterated his confidence in the current business model and the feasibility of the IPO. However, he called for cooperation between all stakeholders to make this possible, given the ...