RIGA - The agreement with airBaltic national carrier's strategic investor could be signed very soon, Prime Minister Evika Silina (New Unity) said after a government meeting on Tuesday. She indicated ...
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 ...
While the executive acknowledged that an additional capital injection could cause another local media storm, the need for investment was a must unless Latvia wanted to abandon its shareholding in ...
Latvian Minister of Transport Kaspars Briškens. Photo: Edijs Pālens/LETA The procedure to lower the capital of Latvian national airBaltic airline by EUR 571 million has commenced, as LETA was told by ...
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 ...
On January 7, 2025, airBaltic announced that it had successfully conducted a certification test flight of its new SpaceX’s Starlink internet connectivity on one of its Airbus A220-300 aircraft. This ...
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 ...
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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 ...
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 ...