The Lufthansa Group (LH) has decided to invest €14m in airBaltic (BT), obtaining 10% equity and extending its dominance of European airspace.
The type of jet involved in the crash was built by Canadian-based Bombardier as part of a line of smaller regional jets.
The jet's sterling record won't help Bombardier as the Quebec manufacturer divested its aircraft programs to focus on building private jets for businesses and the ultra-wealthy. The Bombardier CRJ ...
In a strategic move, Lufthansa Group is strengthening its partnership with airBaltic, acquiring a minority stake in the Latvian airline.
Lufthansa Group has taken a 10% share in airBaltic while extending the existing Airbus A220 wet lease deal between the ...
The two parties say that the transaction closure is planned for the second quarter of 2025, subject to antitrust review.
Each of RTX's three segments—Collins Aerospace, Pratt & Whitney, and Raytheon—deserves its own wide moat.
Croatia Airlines is preparing for a new fleet, as well as accept the delivery of a third brand new Airbus A220-300 plane.
Lufthansa Group has signed an agreement to receive a convertible share granting a 10% stake of Latvian flag carrier airBaltic ...
Baltic introduces strategic partnership with startup airline SUA Líneas Aéreas to expand into Latin American market opportunities.