RIGA - Acquisition of a convertible share granting a 10 percent stake in national airline airBaltic by Germany's Lufthansa Group for EUR 14 million will be vetted by Germany's Federal Cartel Office ...

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

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 ...

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.