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.
Acquisition of 10% stake in airBaltic by Lufthansa to be vetted by German Federal Cartel Office
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 (Bundeskartellamt), as airBaltic representatives informed LETA.
Germany's Lufthansa to acquire 10% stake in Latvia's airBaltic
German aviation giant Lufthansa Group is acquiring a minority stake in Latvian carrier airBaltic, the two airlines said on Wednesday. The German group said it signed an agreement to purchase a 10% stake in the form of convertible shares for €14 million ($14.
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 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.
Lufthansa Group will acquire a 10% stake in Air Baltic
Lufthansa Group has agreed to invest 14 million euros in Air Baltic for a convertible share representing a 10% stake in the Latvia-based carrier. Lufthansa also would take a seat on Air Baltic's supervisory board.
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,
Lufthansa is tying Air Baltic more closely to itself
Lufthansa wants to bind wet-lease partner Air Baltic more closely to itself – and is taking a stake of up to 10% in the Latvian national carrier. Meanwhile, there are rumours about Lufthansa acquiring a stake in another European airline.
Experts: Lufthansa's stake in airBaltic is good news for Estonia
Lufthansa's recently acquired 10 percent stake in Latvian airliner airBaltic is also positive news for Estonian passengers, said former Nordica CEO Erki Urva. It can also be seen as a seal of approval,
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 ...
Aviation Week13h
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 ...
The Baltic Times1d
airBaltic should go public after Lufthansa deal is finalized - Briskens
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.