The strict conditions dictated by the EU Competition Commission could negatively influence the Lufthansa Group which would renounce the acquisition of 41% of ITA Airways. The article states that in ...

After years of talks, the Lufthansa Group is expected to complete the acquisition of ITA Airways next week. The acquisition will see the Italian carrier join many other European airlines in the group, ...

The European Commission has approved Lufthansa Group's proposed acquisition of Italian flag carrier ITA Airways following an "in-depth investigation' by the EU Antitrust. The deal, first announced in ...

Lufthansa to take 41% by way of capital increase German carrier to invest 325 million in Italian carrier Lufthansa to appoint new ITA Airways CEO upon closing ROME, May 25 (Reuters) - Lufthansa ...

The take-over of the Italian national airline makes strategic sense for Lufthansa Group but comes with significant execution risks. Despite a net loss in Q1 2023, Lufthansa Group's outlook for the ...

Plans call for ITA to immediately begin cooperating commercially and operationally with the Lufthansa Group airlines. Photo Credit: ITA Airways The Lufthansa Group has reached an agreement with ...

ROME/FRANKFURT (Reuters) -Italy's Treasury has put on hold the sale of a minority stake in ITA Airways to Lufthansa because of a dispute with the German carrier over the agreed price, two sources ...

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.

Lufthansa will acquire a 41% stake in ITA Airways from shareholder MEF through a capital increase of 325 million euros, in a second phase rise it to 100% by 2033, for a total investment of 829 million ...

In an ongoing crisis that began almost two years ago at the tail end of 2023, ITA Airways has watched its fleet slowly waste ...

ROME, March 30 (Reuters) - Italy's government said on Thursday negotiations were progressing with Germany's Lufthansa LHAG.DE over the sale of a minority stake in ITA Airways, after the two companies ...