Lufthansa to Take Stake in Latvia's AirBaltic

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 carriers.
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 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 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;
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.
Aviation Week20h
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 ...
ERR News1d
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, ...
The Baltic Times7h
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 ...
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 ...
Travel Weekly1d
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 ...
fvw.de1d
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 ...
Flightglobal2d
Lufthansa Group to take minority stake in partner carrier Air Baltic
Lufthansa Group has agreed to take a 10% convertible shareholding in Air Baltic, ahead of the Latvian carrier's upcoming ...
Business Travel News2d
Lufthansa Agrees to Acquire €14M Stake in AirBaltic
Lufthansa Group has agreed to invest €14 million in AirBaltic for a convertible share representing a 10 percent stake in the Latvia-based carrier, the companies announced Wednesday.