Lufthansa has finally firmed up its acquisition of a 10% stake in Riga-based Latvian flag carrier airBaltic. The move, which was announced on Wednesday evening, follows rumors of the same that emerged back in October. The latest acquisition also follows Lufthansa's continued interest in expanding its reach across Europe through investments, with the recent finalization of the purchase of 41% of Italian flag carrier ITA Airways as a testament to this.
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