Lufthansa to Take Stake in Latvia's AirBaltic

Lufthansa Group has signed an agreement to receive a convertible share granting a 10% stake of Latvian flag carrier airBaltic ...
The two parties say that the transaction closure is planned for the second quarter of 2025, subject to antitrust review.
Lufthansa wants to bind wet-lease partner Air Baltic more closely to itself – and is taking a stake of up to 10% in the ...