Originally Posted by
TBSC
The article says info comes from anonymous sources and is not verified by Lufthansa nor airBaltic. Pretty much like the articles that Lufthansa is buying Air Europa and TAP
Lufthansa would have to pay the 570 millions debt to state to make aB clear of complications with European Commission and Latvian State
But only 325 millions were needed to buy 41% of ITA which had profits of 70 millions before LH investment and not losses like airBaltic. Also ITA has much more popular destinations, more than double the fleet with larger capacity aircrafts including widebodies.
These anonymous sources seem to express their wishful thinking rather the reality