Lufthansa Group has signed an agreement to receive a convertible share granting a 10% stake of Latvian flag carrier airBaltic ...

The Lufthansa Group (LH) has decided to invest €14m in airBaltic (BT), obtaining 10% equity and extending its dominance of European airspace.

Thanks to a 10.4% year-on-year surge, global passenger demand exceeded pre-pandemic levels by 3.8% in 2024, according to the International Air Transport Association (IATA) data released on Thursday.