Originally Posted by
Proline21
I can see Air Baltic becoming part of LH Group and given their small own network I don't think the EU would block the transaction.
The issue is not the size of aB network, but the size of the debt to the Latvian state.
European Commission will not accept to write off 570 millions of State loan, not that their MPs willing to write it off. The only way for Lufthansa to buy aB is to pay off that 570 millions debt for start, which is highly unlikely. Lufthansa wet leases from multiple sources including aB for many years now, nothing new