Lufthansa buys stake in airBaltic

2 min read Aviation, Baltic countries, Business, DACH & Slovenia, Estonia, Germany, Latvia, Lithuania, Airbaltic, Airbus, Estonian Air, Lufthansa, Star Alliance

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