Lufthansa Said To Be Negotiating A 10% Stake In airBaltic

A European shopping spree? Earlier today, it emerged that Lufthansa is planning to take a 10% stake in Latvian carrier, airBaltic. This is according to a report published by Italian daily, Corriere della Sera. Lufthansas interest in airlines across Europe forms part of a wave of consolidation of the airline industry on the continent in recent years.

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