Lufthansa has finally firmed up its acquisition of a 10% stake in Riga-based Latvian flag carrier airBaltic. The move, which was announced on Wednesday evening, follows rumors of the same that ...

Lufthansa Group will take a 10% stake in airBaltic for EUR14 million, in the form of convertible shares, and a supervisory board seat. Subject to competition authority approval, the deal is expected ...

Tom Enders, the long-standing head of Airbus, is leaving Lufthansa’s Supervisory Board. The airline’s Executive Board has ...

Apparently, the drastic slump in profits at Lufthansa Airlines took his breath away. In fiscal 2024, the adjusted operating ...

He hopes the IPO will attract a large number of investors, adding that “nothing prevents” Lufthansa “topping up” its shareholding. If Air Baltic opts to expand and strengthen Latvian and ...

Latvian state-owned airline airBaltic has said it is ramping up its Tallinn presence with more aircraft and routes ahead of ...

With the addition of Lufthansa Group to the PROS Dynamic Ancillary Pricing portfolio, five global carriers are now onboarded to the platform’s advanced capabilities—airBaltic, Austrian ...

In a separate deal, Lufthansa also agreed to buy a 10 per cent stake in Latvian airline airBaltic. Lufthansa already owns Swiss, Austrian Airlines, Air Dolomiti, Eurowings, Edelweiss Air – and ...

The Lufthansa Group is focusing on expanding its operations in Asia and Thailand, while also diversifying into non-airline businesses.

The trend towards more bite size deals and tie-ups marks a shift for the region’s carriers, which are trying to unify a ...