Lufthansa to Take Stake in Latvia's AirBaltic

Lufthansa to Take Stake in Latvia’s AirBaltic Ahead of IPO
Deutsche Lufthansa AG will buy a 10% stake in Latvian flag carrier AirBaltic AS as the German carrier group continues its consolidation push in Europe.
Lufthansa acquires 10% stake in Latvia's airBaltic to boost European presence
Lufthansa has agreed to acquire a 10% stake in IPO-bound Latvian airline airBaltic, the German airline said on Wednesday, its latest move to expand its European presence and gain access to more planes to relieve its supply constraints.
Lufthansa in Talks With Air Europa to Acquire a Minority Stake, Sources Say
LONDON (Reuters) -German airline group Lufthansa is in talks with Spanish carrier Air Europa about the possibility of acquiring a minority stake, according to two sources with knowledge of the talks. The airline is 20% owned by BA-parent IAG, which backed out of taking full ownership last year due to regulatory concerns.
Lufthansa Group to Acquire 10% Stake in airBaltic
The Lufthansa Group (LH) has decided to invest €14m in airBaltic (BT), obtaining 10% equity and extending its dominance of European airspace. As per the deal, BT shares granted to LH through investment can be exchanged for BT's regular shares upon the potential flotation of BT;
Lufthansa signs deal to receive up to 10% stake in Latvia's airBaltic
Lufthansa said on Wednesday it had agreed to receive a stake of 10% in Latvian airline airBaltic, as the German airline seeks to strengthen its international network. The stake will be issued in the form of convertible shares currently at a subscription price of 14 million euros,
AeroTime1d
Lufthansa Group takes 10% share in airBaltic, extends A220 wet lease deal
Lufthansa Group has taken a 10% share in airBaltic while extending the existing Airbus A220 wet lease deal between the ...
The Edge Singapore1h
SIA shares inch up after CCCS grants conditional approval for proposed expanded JV between the airline and Lufthansa
The expansion will include more countries such as Croatia, Greece, Italy, the UK, New Zealand and Vietnam. It will also ...
Aviation Week9h
Lufthansa Invests In AirBaltic To Become Strategic Wet Lease Partner
Lufthansa Group has signed an agreement to receive a convertible share granting a 10% stake of Latvian flag carrier airBaltic ...
AeroTime1d
Boeing appears to confirm Lufthansa as 777-9 launch customer over Emirates
Boeing appears to have confirmed the German flag carrier Lufthansa as the 777-9 launch customer in its latest earnings ...
The Points Guy on MSN1d
Mile-high milestone: Lufthansa gives Denver first regular service on Airbus A380 superjumbo jet
Beginning April 30, Lufthansa will fly the A380 daily to Denver from its Munich Airport (MUC) hub. The double-decker plane ...
Competition watchdog gives conditional nod to expanding SIA and Lufthansa joint venture
Move would boost tourism and related industries in Singapore and enable more competitive fares. Read more at straitstimes.com ...
Flightglobal2d
Lufthansa confirmed as 777-9 launch customer as Boeing works toward first delivery next year
Boeing confirms German airline Lufthansa will be the launch customer for the in-certification 777-9, settling uncertainty ...
Business Times6h
CCCS gives conditional OK to expanding SIA-Lufthansa JV to step up air passenger services in more markets
THE Consumer Commission of Singapore (CCCS) has conditionally approved the proposed expansion of a 2016 joint venture between ...
Air France-KLM seeks partners for sustainable fuel in Portugal ahead of TAP sale
Air France-KLM is exploring potential cooperation on sustainable aviation fuel with Portuguese partners ahead of the ...