{"id":171200,"date":"2025-01-30T05:06:29","date_gmt":"2025-01-29T19:06:29","guid":{"rendered":"https:\/\/simpleflying.com\/lufthansa-acquires-10-airbaltic\/"},"modified":"2025-01-30T05:06:29","modified_gmt":"2025-01-29T19:06:29","slug":"lufthansa-acquires-10-stake-in-airbaltic","status":"publish","type":"post","link":"https:\/\/www.vibewire.com.au\/?p=171200","title":{"rendered":"Lufthansa Acquires 10% Stake In AirBaltic"},"content":{"rendered":"

Lufthansa<\/a><\/span> has finally firmed up its acquisition of a 10% stake in Riga-based Latvian flag carrier airBaltic<\/a><\/span>. The move, which was announced on Wednesday evening, follows rumors of the same that emerged back in October.<\/a> The latest acquisition also follows Lufthansa’s continued interest in expanding its reach across Europe through investments, with the recent finalization of the purchase of 41% of Italian flag carrier ITA Airways<\/a><\/span> as a testament to this.<\/p>\n","protected":false},"excerpt":{"rendered":"

The two parties say that the transaction closure is planned for the second quarter of 2025, subject to antitrust review.<\/p>\n","protected":false},"author":13,"featured_media":1,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[1964,434,396,13240,734],"tags":[],"class_list":["post-171200","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-airbaltic","category-airbus-a220","category-aircraft","category-commercial-aviation","category-lufthansa"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t