Lufthansa Group will take a 10% stake in airBaltic for EUR14 million, in the form of convertible shares, and a supervisory board seat. Subject to competition authority approval, the deal is expected ...

Lufthansa Group has signed an agreement to receive a convertible share representing a 10 per cent stake of the Latvian state airline airBaltic which will be issued at a subscription price of 14 ...

Latvian carrier AirBaltic is now expecting to have its full Airbus A220-300 fleet back in service at some point in 2027, based on updated guidance from Pratt & Whitney. Just before Christmas 2024 ...

It is not yet known when airBaltic will list. Lufthansa's stake in airBaltic will be converted into shares after the company goes public, and the size of Lufthansa's stake will depend on the market ...

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Lufthansa Group has agreed to take a 10% convertible shareholding in Air Baltic, ahead of the Latvian carrier’s upcoming initial public offering. The agreement – valued at €14 million ($14.6 ...

Divers in Poland discovered more than 220 pounds of cocaine on the bottom of the Baltic Sea, the nation's border guard said on Tuesday, marking the latest unusual location that drugs have been ...

Lufthansa has finally firmed up its acquisition of a 10% stake in Riga-based Latvian flag carrier airBaltic. The move, which was announced on Wednesday evening, follows rumors of the same that ...

The Baltic States — Latvia, Estonia and Lithuania — are ready for a boom in local TV productions, and international partners are invited. “It’s an intriguing environment — contemporary ...

GULF OF FINLAND, Feb 13 (Reuters) - Estonia's navy is prepared to act against vessels that pose a danger to Baltic Sea infrastructure even if they are in international waters, a senior official ...

Latvia, Estonia and Lithuania all joined the European electricity system on Sunday with a ceremony highlighting the historical significance of no longer relying on Russia for its electricity. "We ...