ITA Airways
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2 days ago · Lufthansa won EU antitrust approval to buy 41% of ITA Airways for 325 million euros ($350 million) on Wednesday after ceding routes and slots, with the news boosting rival IAG's shares and hopes ...
4 days ago · In May 2023, the Italian Ministry of Economy and Finance and Lufthansa Group reached an agreement whereby Lufthansa will acquire a minority stake in ITA Airways. Specifically, Lufthansa will acquire a 41% stake in ITA Airways through a €325 million capital increase.
1 day ago · ITA Airways took to the air in 2021 and has since sought to shake off the troubled legacy of Alitalia, which burned through an estimated €10-billion ($10.8-billion) of state funds in its last 14 ...
2 days ago · Lufthansa will invest 325 million euros ($350 million) to acquire a 41% stake in ITA, formerly Alitalia, from the Italian government, gaining full control by 2033 with a total investment of 829 million euros. The commission approved the deal after a year-long investigation and with conditions to protect competition, ...
Jun 13, 2024 · Deutsche Lufthansa AG ’s €325 million ($351 million) investment in Italy’s ITA Airways is set to be approved by the European Union, paving the way for Prime Minister Giorgia Meloni ’s ...
1 day ago · Alitalia faced possible takeovers from numerous suitors, including Air France-KLM, which did not materialise, and the carrier was bailed out repeatedly over decades. More stories on.
Jun 23, 2024 · The European Commission’s approval of the proposed acquisition by the Lufthansa Group of an equity stake in Italian airline ITA Airways is expected by July 4, 2024, reports Bloomberg .
2 days ago · Alitalia - Società Aerea Italiana S.p.A., operating as Alitalia, was an Italian airline which was once the flag carrier and largest airline of Italy. The company had its head office in Fiumicino, in the Metropolitan City of Rome Capital.
Jun 13, 2024 · German carrier Lufthansa is seeking to buy 41% of Alitalia successor ITA, thereby boosting its market presence in the lucrative Italian and southern Mediterranean market.
Jun 17, 2024 · Lufthansa boosted concessions to soothe competition concerns over long-haul flights to help it win over EU regulators in its bid for a stake in Italy's ITA Airways, three people with direct...
