RIGA - Acquisition of a convertible share granting a 10 percent stake in national airline airBaltic by Germany's Lufthansa Group for EUR 14 million will be vetted by Germany's Federal Cartel Office ...

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 agreement has been reached that German airline group Lufthansa Group will become a strategic investor for Latvian airBaltic airline. Lufthansa will acquire minority participation in this airline ...

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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 be ...

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 ...

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 ...

Three members of Latvia-based airBaltic’s supervisory board will step down from their positions in February 2025. The Latvian Ministry of Transport (MoU) and the airBaltic supervisory board have ...

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Klāvs Vasks, the Chair of the Supervisory Board at airBaltic, has announced his resignation from the position following a “crazy rollercoaster ride” over the past 18 months. In a post on his personal ...

Green Day's long-awaited South African debut on Jan. 19 was anything but ordinary. By Jessica Lynch Green Day delivered a politically charged performance during their Jan. 19 concert at ...