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 ...

Latvia's government aims to retain at least a 25% interest in Air Baltic as the company prepares to open its capital to investors, but accepts that the carrier might have to give up some of its ...

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 ...

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 ...

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 ...

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

Lufthansa Group has agreed to invest 14 million euros in Air Baltic for a convertible share representing a 10% stake in the Latvia-based carrier. Lufthansa also would take a seat on Air Baltic's ...

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 ...