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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 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.
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
11h
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 ...
AeroTime
7h
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.
Aviation Week
3h
Lufthansa Adds Spare Aircraft, Contingencies To Ensure Stable Ops
Lufthansa Adds Spare Aircraft, Contingencies To Ensure Stable Ops is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership ...
AviationPros
2d
Lufthansa celebrates roll-out of the legendary Lockheed Super Star
A milestone in aviation history is back in the public eye for the first time: Lufthansa Technik completed the extensive ...
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 ...
Business Travel News
16h
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.
Flightglobal
3d
Lufthansa shows off re-assembled L-1649A Starliner ahead of centenary display
Lufthansa Group's specialist vintage aviation division has unveiled the Lockheed L-1649A airliner which has been undergoing ...
8d
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 ...
Head for Points
30m
How to access Lufthansa’s (refurbished) Heathrow lounges with Amex Platinum
If you have The Platinum Card from American Express you can use the Lufthansa lounges at London Heathrow when flying with ...
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