Lufthansa Group has taken a 10% share in airBaltic while extending the existing Airbus A220 wet lease deal between the carriers.

Boeing appears to have confirmed the German flag carrier Lufthansa as the 777-9 launch customer in its latest earnings conference call.

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 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.

Boeing confirms German airline Lufthansa will be the launch customer for the in-certification 777-9, settling uncertainty about whether Emirates Airline might take the first of the type.

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 Group has signed an agreement to receive a convertible share granting a 10% stake of Latvian flag carrier airBaltic which will be issued at a subscription price of €14 million and converted into ordinary shares upon a potential initial public offering (IPO). The Jan. 29 announcement comes...

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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.

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, and Supervisory Board seat.

Minneapolis-St. Paul International Airport (MSP) saw 37.2 million passengers pass through its gates in 2024, inching closer to the pre-pandemic record. It's a 6.9% increase over 2023 and the fourth straight year in which the airport saw passenger totals rise after setting a record of 39.5 million passengers in 2019.