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Luxembourg flag carrier Luxair said on Wednesday it had filed a legal challenge before the General Court of the European ...
formally concluded the merger transaction. The deal saw Lufthansa acquire a 41% stake in ITA, with the Italian government retaining 59%. Notably, the contract allows Lufthansa to increase its ...
Reuters German airline Lufthansa's bid for a minority stake in Italy's ITA Airways has ignited talk of further potential sector consolidation as the industry seeks to plot a more profitable post ...
The European Union gave Deutsche Lufthansa LHA-0.54%decrease; red down pointing triangle its conditional approval to buy a minority stake in ITA Airways, the Italian carrier formerly known as ...
Under the 325-million-euro ($350 million) deal, Lufthansa takes an initial 41% stake in ITA, formerly Alitalia, from the Italian government, gaining full control by 2033 with a total investment of ...
ROME (Reuters) - Lufthansa will consider raising its stake in Italy's ITA Airways to 90%, starting from early next year, the CEO of the German airline said in an interview published on Thursday.
BERLIN (Reuters) -Lufthansa is set to acquire a stake in Italian state-owned airline ITA on Jan. 13, a source familiar with the situation told Reuters on Wednesday, bringing to a close years of talks.
Consolidation could bolster balance sheets, analysts say TAP, easyJet and SAS among potential targets Airlines remain cautious, some executives say DUBLIN, Jan 19 (Reuters) - German airline ...
ROME (AP) — 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.