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  - NEWMOBILITY.NEWS - A La Une - 01/Jul 10:25

Lufthansa takes small stake in Latvian airBaltic

Lufthansa’s planned entry into Latvian airline airBaltic has been approved by the German competition authority. The German airline group will now have a 10% stake in airBaltic, which has Riga as its central hub. Otherwise, airBaltic’s main shareholder remains the government of Latvia. The entry involves a sum of € 14 million. Although the deal has been approved, the authority identifies competition concerns on several routes between Germany and the Baltic. Continue reading at newmobility.news.

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