Lufthansa interested in airBaltic stake, source says
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 10 2024
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Source: Yahoo Finance
Lufthansa's Potential Investment: German airline Lufthansa is exploring the possibility of acquiring a stake in Latvia's state-owned carrier airBaltic ahead of its IPO, although discussions are still in the early stages.
Industry Context: The European airline industry has seen consolidation over the past two decades, but smaller national carriers like airBaltic continue to face challenges competing against larger airlines.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
