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.

Dhl Express, a leading global express service provider, has signed an agreement with Cosmo Oil Marketing to purchase ...

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 ...

Lufthansa said on Wednesday it had agreed to receive a stake of 10% in Latvian airline airBaltic, as the German airline seeks ...

Time will tell if the EU Commission will approve IAG's takeover of TAP, however, IAG is seen as the frontrunner to take it ...

The stake will be issued in the form of convertible shares currently at a subscription price of 14 million euros, but the ...

Join our free webinar for a quick tour around ch-aviation with an introduction to its Business Aviation data & news and best ...

With the fragile ceasefire agreement between Israel and Hamas now officially in effect, many airlines are resuming flights to ...

Nowadays, most full-service airlines are part of a major airline alliance, but there are some exceptions. For many years, ...