Lufthansa Group has reinforced its position in the European aviation market by acquiring a 10% convertible stake in Latvia’s national carrier, airBaltic, for €14 million. This strategic move grants Lufthansa a seat on airBaltic’s Supervisory Board and deepens an...
The Lufthansa Group has entered into a wet lease agreement with airBaltic, enabling the Latvian carrier to operate flights on behalf of Lufthansa Group airlines, including Lufthansa, SWISS, and Austrian Airlines. This agreement allows Lufthansa Group to maintain operational...