Bahamasair is eyeing an order for new jets that could grow its fleet and expand nonstop flight opportunities to the island ...

The airline will continue supplying up to 21 Airbus A220-300 aircraft to the LH Group airlines during summer and five aircraft in winter to support operations across key hubs. "airBaltic is a well-run ...

The investment has many strategic implications for the Lufthansa Group, including a seat ... airBaltic for an additional three years beyond the summer 2025 period. This arrangement allows Lufthansa to ...

RIGA/FRANKFURT - The Ministry of Transport of Latvia, airBaltic, and Lufthansa Group announce the signing of an agreement for Lufthansa Group to invest EUR 14 million in airBaltic for a minority stake ...

The investor will also receive a seat on the Council of airBaltic. In exchange for the investment, “Lufthansa Group” will receive a convertible share, which gives it a 10% stake. It will be issued at ...

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Lufthansa Group has signed an agreement to invest EUR14 million euros (USD14.5 million) in airBaltic (BT, Riga), securing a minority stake in the carrier and a seat on its supervisory ... for up to ...

The two parties say that the transaction closure is planned for the second quarter of 2025, subject to antitrust review.

Shipping firms may need to pay a fee to use the Baltic Sea, one of the world's busiest shipping routes, in order to cover the high costs of protecting undersea cables, Estonia's defense minister said ...

Lufthansa’s €14 million investment will be convertible into ordinary shares when AirBaltic completes its planned initial public offering, the airlines said in a statement Tuesday. Lufthansa will ...

Deutsche Lufthansa AG will buy a 10% stake in Latvian flag carrier AirBaltic AS as the German ... Lufthansa will receive a board seat as part of the transaction.