Lufthansa has finally firmed up its acquisition of a 10% stake in Riga-based Latvian flag carrier airBaltic. The move, which was announced on Wednesday evening, follows rumors of the same that ...

Lufthansa Group has entered into an agreement to acquire a convertible share that represents a 10 percent ownership interest in the Latvian state airline airBaltic, which will be issued at a ...

In an interview with Airways, Lufthansa's CEO revealed that the group is unlikely to invest in non-European airlines.

Lufthansa Group will take a 10% stake in airBaltic for EUR14 million, in the form of convertible shares, and a supervisory board seat. Subject to competition authority approval, the deal is expected ...

Evidence from the US suggests the dominance of IAG, Lufthansa and Air France-KLM might be bad news for passengers ...

Lufthansa Group has signed an agreement to receive a convertible share representing a 10 per cent stake of the Latvian state airline airBaltic which will be issued at a subscription price of 14 ...

Baltic is the first European airline to introduce Starlink high-speed internet for free on board. How fast is it?

Latvian state-owned airline airBaltic has said it is ramping up its Tallinn presence with more aircraft and routes ahead of ...

He hopes the IPO will attract a large number of investors, adding that “nothing prevents” Lufthansa “topping up” its shareholding. If Air Baltic opts to expand and strengthen Latvian and ...

Lufthansa paid 325 million euros ($332 million) for the ITA deal and last week agreed to buy a 10% stake in Latvian airline airBaltic. It is also exploring the possibility of acquiring a minority ...

The board cut its salaries by 40% until the IPO in a move described in a statement by Andrejs Martinovs, chairman of the ...

In a separate deal, Lufthansa also agreed to buy a 10 per cent stake in Latvian airline airBaltic. Lufthansa already owns Swiss, Austrian Airlines, Air Dolomiti, Eurowings, Edelweiss Air – and ...