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

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.

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.

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 ...

Airbus is inviting media representatives to join the inauguration of the A220 Delivery Centre to mark the achievement of this ...