Uruguay's Government has confirmed SUA Líneas Aéreas plans to enter the Latin American aviation market in 4Q2025, aided by the considerable expertise of European carrier airBaltic. The news was not a ...

The Lufthansa Group (LH) has decided to invest €14m in airBaltic (BT), obtaining 10% equity and extending its dominance of European airspace. As per the deal, BT shares granted to LH through ...

Lufthansa Group is further investing in the future of airBaltic. The German aviation giant signed an agreement on January 29, to invest 14 million euros in exchange for a 10% convertible share in ...

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 ...

Lufthansa's recently acquired 10 percent stake in Latvian airliner airBaltic is also positive news for Estonian passengers, said former Nordica CEO Erki Urva. It can also be seen as a seal of approval ...

AirBaltic, based in Riga, is the largest airline in the Baltic States. It flies to more than 70 destinations from its Riga hub and has a standard fleet of 50 Airbus A220s.

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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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 ...

(Bloomberg) -- 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 ...