Lufthansa Group has agreed to take a 10% convertible shareholding in Air Baltic, ahead of the Latvian carrier’s upcoming initial public offering. The agreement – valued at €14 million ($14.6 million) ...
The Lufthansa Group and Air India have expanded their codeshare partnership to include Austrian Airlines as well as additional routes on Air India, Lufthansa and Swiss airlines, Lufthansa announced ...
Latvia’s government aims to retain at least a 25% interest in Air Baltic as the company prepares to open its capital to investors, but accepts that the carrier might have to give up some of its ...
LONDON/CHICAGO/GDANSK (Reuters) -European airlines Lufthansa and Air France-KLM reported higher second-quarter profits on Thursday, defying worries that economic uncertainty and U.S. tariffs might hit ...
In some shape or form, airlines’ growth is somewhat limited. Carriers are essentially competing for finite resources, especially regarding slots and/or landing rights at airports, with very few new ...