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

RIGA - Latvia's national carrier airBaltic should go public after the deal with Germany's Lufthansa is finalized, Transport Minister Kaspars Briskens (Progressives) told LETA.

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

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.

Airbus is inviting media representatives to join the inauguration of the A220 Delivery Centre to mark the achievement of this ...