The Lufthansa Group (LH) has decided to invest €14m in airBaltic (BT), obtaining 10% equity and extending its dominance of European airspace.

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

Lufthansa Group has taken a 10% share in airBaltic while extending the existing Airbus A220 wet lease deal between the ...

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 ...