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Lufthansa Expands Its Horizons: Acquires Stake in Latvia's AirBaltic Ahead of IPO

Lufthansa Expands Its Horizons: Acquires Stake in Latvia's AirBaltic Ahead of IPO
4 months ago

In a significant move set to reshape the aviation landscape in the Baltic region, Lufthansa Group has announced its decision to acquire a minority stake in Latvia's national airline, AirBaltic. This strategic investment comes as AirBaltic prepares for an initial public offering (IPO), signaling a new era of growth and opportunity for the airline.

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