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 ...

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.

Lufthansa Group has signed an agreement to receive a convertible share granting a 10% stake of Latvian flag carrier airBaltic ...

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 ...

Deutsche Lufthansa is expanding its footprint in the Baltic region through a significant strategic investment in Air Baltic. The German aviation group has agreed to acquire convertible bonds worth €14 ...

The procedure to lower the capital of Latvian national airBaltic airline by EUR 571 million has commenced, as LETA was told ...

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

Thanks to a 10.4% year-on-year surge, global passenger demand exceeded pre-pandemic levels by 3.8% in 2024, according to the International Air Transport Association (IATA) data released on Thursday.