Lufthansa has finally firmed up its acquisition of a 10% stake in Riga-based Latvian flag carrier airBaltic. The move, which was announced on Wednesday evening, follows rumors of the same that ...

Latvian state-majority-owned airline airBaltic posted a net loss of €118 million last year, even as the company's revenue grew 12 percent on year to more than €747.6 million, the airline announced ...

AirBaltic posted a net loss of €118 million ($128 million) for 2024, a reversal of its €33.7 million net profit in 2023, saying external factors including €73 million in accelerated ...

AirBaltic CEO Martin Gauss has defended the firm’s decision to partner with Space X’s Starlink to provide in-flight internet to customers. “It made…some controversial headlines because ...

Latvian state-owned airline airBaltic has said it is ramping up its Tallinn presence with more aircraft and routes ahead of an initial public offering (IPO). The airline says it is also deepening ties ...