Lufthansa is in discussions to acquire a minority stake in Air Europa, with reports indicating that the German airline is considering purchasing up to 20% of the Spanish carrier. This move follows a competitive bidding process, with Air France-KLM also showing interest in acquiring a stake in Air Europa. Lufthansa's potential investment comes as part of its broader strategy to consolidate its position within the European airline market. The negotiations are reportedly being led by the Hidalgo family, who own Air Europa, and they are looking to finalize a partnership soon. In a related development, Lufthansa is also set to acquire a 10% stake in Latvian airline AirBaltic, further emphasizing its expansion strategy in the region.