Lufthansa, ITA

German Lufthansa closes deal to acquire 41% of ITA Airways, gaining full control by 2033
Germany's Lufthansa Group on Friday finalized its acquisition of Italian airline ITA Airways, closing a long period of uncertainty for Italy’s former flagship carrier. Under the 325-million-euro ($350 million) deal,
Lufthansa finalizes deal for 41 per cent stake in Italy’s ITA Airways
The deal has faced tough scrutiny from the Brussels-based European Commission, particularly its effect on long-haul travel
German Lufthansa seals deal to get 41% of ITA Airways, full control by 2033
Germany's Lufthansa Group on Friday finalised its acquisition of Italian airline ITA Airways, closing a long period of uncertainty for Italy's former flagship carrier.
Lufthansa's Strategic Sky-High Acquisition: ITA Airways Deal Sealed
Lufthansa Group completed its acquisition of Italy's ITA Airways, formerly Alitalia, finalizing a deal worth 829 million euros. Lufthansa now holds 41% of ITA, aiming for full control by 2033. This acquisition addresses competition concerns by allowing rival airlines access to certain routes,
Lufthansa Finalizes Deal for 41% Stake in Italy’s ITA Airways
Deutsche Lufthansa AG completed the acquisition of a minority stake in Italian carrier ITA Airways late on Friday after first making an offer for its competitor in January 2023. Most Read from BloombergThese Homes Withstood the LA Fires.
Lufthansa finalises acquisition of 41% stake in Italy's ITA
Lufthansa finalised its acquisition of a 41% stake in Italian state-owned airline ITA after European antitrust remedies were put in place, it said on Friday, in a deal designed to boost the carrier's presence in the lucrative southern European market.
Lufthansa Closes Deal for 41% of ITA Airways
On Wednesday, the Lufthansa Airlines Group (LH) finalized its acquisition of a minority stake in ITA Airways (AZ). The German airline group now owns 41% of the Italian carrier, with the Italian Ministry of Economy and Finance (MEF) owning 59%.
EU to order Lufthansa to restore Condor's access to its short-haul network
The European Commission told Lufthansa on Wednesday it would order the German flag carrier to reinstate charter airline ...
Armed robbery in Revesby3d
EC Issues New Objections to Lufthansa Over Frankfurt-NY Route
The European Commission has sent a Supplementary Statement of Objections to Lufthansa indicating the Commission's intention ...
European Commission: To Order Lufthansa to Reinstate Condor's Access to Lufthansa's Feed Traffic to and From Frankfurt Airport
Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms around the world to identify trading and investing ...
Aviation Week1d
Brussels To Lufthansa: Restore Condor Access To Frankfurt Feed Traffic
The European Commission (EC) has told Lufthansa to reinstate Condor’s access to feed traffic at Frankfurt airport. The order ...
devdiscourse3d
Lufthansa Ordered to Reinstate Condor Access Amid EU Investigation
The European Commission is requiring Lufthansa to reinstate charter airline Condor's access to its short-haul network for the ...
Hosted on MSN3d
EU urges Lufthansa to reinstate Condor deal for Frankfurt passengers
The EU wants the German airline Lufthansa to fully resume flying passengers from its competitor Condor to its Frankfurt hub.
air cargo1d
Lufthansa Cargo appoints Andre Schulz to lead Europe region
Lufthansa Cargo will welcome two executives to new positions at the beginning of the year. Andre Schulz, previously Head of ...
Skift1d
Airlines Call on the EU to Delay Pollution Reporting Rules
Airlines say they can't comply with a new EU law requiring them to report pollutants because the reporting system has not yet ...