Lufthansa Group is reportedly evaluating buying a stake in airBaltic (BT, Riga) as a part of the latter’s planned privatisation, Bloomberg has written, citing what it called informed but anonymous sources.

The discussions are at an early stage and no decisions have been made just yet. Both carriers refused to comment on the report.

The Latvian airline is planning an IPO to raise around EUR300 million euros (USD333 million) in fresh capital. The Latvian government, which currently owns a 97.97% stake in the airline,…

Source: ch aviation
Read more: Lufthansa eyes airBaltic stake – report