airBaltic to increase ACMI capacity 20% in 2025
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Background ✨
Lufthansa Group planned to invest EUR14 million in airBaltic for a 10% stake, with the transaction's closure expected in 2Q2025, pending antitrust approval1. This investment would support airBaltic's growth and the expansion of wet lease agreements1. airBaltic, the largest global operator of the A220-300, aimed to increase its fleet to 100 aircraft by 2030, with 50 A220-300s already in operation as of 20242.