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Lufthansa to Take Stake in Latvia's AirBaltic
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 Acquires 10% Stake In AirBaltic
The two parties say that the transaction closure is planned for the second quarter of 2025, subject to antitrust review.
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.
Experts: Lufthansa's stake in airBaltic is good news for Estonia
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 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 will acquire a 10% stake in Air Baltic
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 supervisory board.
AeroTime
13h
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 ...
Aviation Week
22h
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 ...
Airways
7h
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.
1d
on MSN
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 ...
fvw.de
15h
Lufthansa is tying Air Baltic more closely to itself
Lufthansa wants to bind wet-lease partner Air Baltic more closely to itself – and is taking a stake of up to 10% in the ...
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