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Lufthansa, ITA Airways
Lufthansa finalizes 41% stake in Italy's ITA Airways for $350 million, eyes full acquisition
Germany's Lufthansa Group (OTCQX:DLAKY) (OTCQX:DLAKF) finalized its acquisition of a 41% stake in the Italian airline ITA Airways for €325 million (approximately $350 million) from the Italian government.
ITA Airways joins Lufthansa as fifth network airline, 41% stake deal finalized
The Lufthansa Group has welcomed ITA Airways as its fifth network airline, finalizing a 41% stake in the Italian carrier.
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.
German Lufthansa closes deal to acquire 41% of ITA Airways, gaining full control by 2033
German Lufthansa Group has finalized its acquisition of Italian airline ITA Airways, closing a long period of uncertainty for Italy’s former flagship carrier.
Lufthansa finalizes 41% stake in ITA Airways
The Italian airline ITA Airways is a new member of the Lufthansa (DLAKY) Group. The Italian Ministry of Economy and Finance, MEF, and Lufthansa
16h
on MSN
Lufthansa Airlines 'not there yet' on profitability, says CEO
Lufthansa Airlines aims to be profitable again but still has a ways to go despite the initial success of its restructuring ...
21h
Which Airlines Still Fly The Boeing 747 On Its 55th Flight Anniversary?
Some 55 years after the first commercial flight of the Boeing 747, four airlines still fly passenger versions, including ...
AeroTime
12h
Lufthansa to begin flights to Denver with Airbus A380 from summer 2025
German carrier Lufthansa has announced that it will begin flights to Denver for the first time using the Airbus A380 starting in summer 2025.
Skift
3d
Lufthansa Group Shakes Up Eurowings Fleet with 40 New 737 Max
Lufthansa Group is overhauling low-cost carrier Eurowings with 40 Boeing 737 Max jets, marking a significant shift from its ...
TravelPulse on MSN
2d
Here Are the Airlines That Have Announced Their Return to Israel
Low-cost carrier Wizz Air ceased flight service to Israel back in October 2023. The airline recently began slowly resuming ...
Business Travel News
21h
Lufthansa to Offer Free Messaging on Long-Haul Flights
Lufthansa this summer will launch unlimited free text messaging on intercontinental flights, the carrier announced Thursday.
AviationPros
11h
Lufthansa Technik Inducts First LEAP Engine at XEOS in Poland
Lufthansa Technik and LOT Polish Airlines are extending their cooperation in maintenance, repair and overhaul (MRO). In this aim, Poland's largest airline recently awarded ...
1d
on MSN
Airlines are doubling down on flights to Europe as the continent experiences a travel boom
United and Delta are sending more planes to Europe as travelers take advantage of the lower off-peak crowds and the dollar's ...
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