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 has taken a 10% share in airBaltic while extending the existing Airbus A220 wet lease deal between the carriers.
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.
German Lufthansa Group has finalized its acquisition of Italian airline ITA Airways, closing a long period of uncertainty for Italy’s former flagship carrier.
A Lufthansa aircraft flying from Manchester to Munich was forced to make an unscheduled landing in London on Wednesday due to technical problems with the engine. A spokeswoman for Lufthansa - Germany's flag carrier - said in Frankfurt that flight LH2507 was diverted to London's Heathrow Airport after suffering "engine problems near the English
Lufthansa Group is overhauling low-cost carrier Eurowings with 40 Boeing 737 Max jets, marking a significant shift from its all-Airbus fleet.
Germany's Lufthansa Group (DLAKY) (DLAKF) finalized its acquisition of a 41% stake in the Italian airline ITA Airways for €325 million
Germany's Lufthansa Group has completed its long-sought acquisition of Italian carrier ITA Airways, finalising on 17 January its acquisition of a two-fifths stake in the company.
Lufthansa Technik has rolled out a fully renovated 1957 Lockheed Starliner which will take center stage at Lufthansa’s centenary celebrations in 2026.
Lufthansa Technik has achieved a significant milestone with the assembly of the iconic Lockheed L-1649A Starliner. Once painted in its classic livery, the aircraft will be transported to Frankfurt, where it will take center stage in celebrating Lufthansa's 100th anniversary in spring 2026.
ROME — Germany's Lufthansa Group on Friday finalized its acquisition of Italian airline ITA Airways, closing a long period of uncertainty for Italy’s former flagship carrier. Under the 325 ...
Under the €325-million ($350-million) deal, Lufthansa takes an initial 41 per cent stake in ITA, formerly Alitalia, from the Italian government, gaining full control by 2033 with a total investment of €829-million. The remaining 59 per cent will initially continue to be held by the Italian Treasury.