Lufthansa to Take Stake in Latvia's AirBaltic

Lufthansa acquires 10% stake in Latvia's airBaltic to boost European presence
Lufthansa said on Wednesday it had agreed to receive a stake of 10% in Latvian airline airBaltic, as the German airline seeks to strengthen its international network.
Lufthansa to Take Stake in Latvia’s AirBaltic Ahead of IPO
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.
Germany's Lufthansa to acquire 10% stake in Latvia's airBaltic
German aviation giant Lufthansa Group is acquiring a minority stake in Latvian carrier airBaltic, the two airlines said on Wednesday. The German group said it signed an agreement to purchase a 10% stake in the form of convertible shares for €14 million ($14.
Lufthansa Group takes 10% share in airBaltic, extends A220 wet lease deal
Lufthansa Group has taken a 10% share in airBaltic while extending the existing Airbus A220 wet lease deal between the carriers.
Lufthansa signs deal to receive up to 10% stake in Latvia's airBaltic
Lufthansa said on Wednesday it had agreed to receive a stake of 10% in Latvian airline airBaltic, as the German airline seeks to strengthen its international network. The stake will be issued in the form of convertible shares currently at a subscription price of 14 million euros,
airBaltic should go public after Lufthansa deal is finalized - Briskens
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 to Acquire 10% Stake in airBaltic
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 investment can be exchanged for BT's regular shares upon the potential flotation of BT;
Aviation Week12h
Lufthansa Invests In AirBaltic To Become Strategic Wet Lease Partner
Lufthansa Group has signed an agreement to receive a convertible share granting a 10% stake of Latvian flag carrier airBaltic ...
airBaltic's Chairman Announces Departure In February
In a post on his personal LinkedIn, Vasks announced that he will resign on February 11. The Chairman of the board of the ...
AeroTime9d
Three members of airBaltic Supervisory Board to resign in February 2025
Local media reports indicate that Klāvs Vasks, the current Chairman of the Supervisory Board of airBaltic, will resign, along ...
StringersHub on MSN2d
Uruguay: Uruguayan airline SUA to start operations at end of 2025 with AirBaltic
The Uruguayan start-up SUA Líneas Aéreas has announced a strategic partnership with the Latvian airline AirBaltic to start ...
The Baltic Times1d
Lufthansa Group acquires minority stake in airBaltic
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 ...
Flightglobal2d
Uruguayan start-up SUA to lease A220 fleet from Air Baltic
Latvia's Air Baltic is to provide the initial fleet for a Uruguayan start-up carrier branded SUA Lineas Aereas, which aims to ...