Lufthansa interested in airBaltic stake, source says
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 10 2024
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Should l Buy ?
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.
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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.
