In a strategic move, Lufthansa Group is strengthening its partnership with airBaltic, acquiring a minority stake in the Latvian airline.

The two parties say that the transaction closure is planned for the second quarter of 2025, subject to antitrust review.

Lufthansa Group has agreed to invest €14 million in AirBaltic for a convertible share representing a 10 per cent stake in the ...

The stake will be issued in the form of convertible shares currently at a subscription price of 14 million euros, but the ...

Time will tell if the EU Commission will approve IAG's takeover of TAP, however, IAG is seen as the frontrunner to take it ...