Latvia Offers Estonia Stake in airBaltic Matching Terms Offered to Lufthansa
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6 Articles
Latvia offers Estonia stake in airBaltic matching terms offered to Lufthansa
The Estonian government will on Thursday begin discussions on a proposal from Latvia's Ministry of Transport to acquire a stake in the airline airBaltic. Both Estonia and Lithuania are expected to contribute under the same conditions as the Lufthansa Group, but the parties are not disclosing the details of the offer ahead of the meeting.
The Estonian state does not currently intend to buy shares in Latvian airline Air Baltic, but has not ruled out the possibility of doing so later, Infrastructure Minister Kuldar Leis said at a government press conference on Thursday.
Latvia offers a stake in airBaltic to neighboring Estonia
It has been reported that the Estonian government will begin discussions on a proposal from Latvia’s Ministry of Transport to acquire a financial stake in the airline airBaltic. The talks, due to begin on July 3, 2025, have been arranged following the June 30, 2025, announcement by the Bundeskartellamt, the German competition authority, that it had cleared Deutsche Lufthansa AG (Lufthansa Group) to acquire up to a 10% minority stake in Latvian…
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