Lufthansa Group acquired a 10% stake in Latvia’s airBaltic for EUR 14mn on January 29, pending antitrust approval. Europe’s largest airline group has long been interested in the Baltic region, and airBaltic, headquartered in Riga, Latvia, and flying to over 100 destinations across Europe, the Middle East and
Deutsche Lufthansa AG is looking into acquiring a stake in AirBaltic before the Latvian state-owned airline launches an initial public offering (IPO), insider sources told Bloomberg. Talks are still in the early stages, and no final decision has been made regarding the investment, said the sources, speaking to the news
Europe’s largest airline Ryanair has announced plans to restore all of the flights from the Croatian capital of Zagreb that it suspended last month, while commencing services from Zagreb to Bratislava, Lviv and Corfu.
Ryanair launched its base in Zagreb, where it hosts three aircraft, last year and after