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 ...

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 ...

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 ...

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 ...

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 ...

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.

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 ...

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

Lufthansa’s proposed acquisition of a shareholding in Italian operator ITA Airways is to undergo in-depth scrutiny by the European Commission, over concerns that it will affect both the short- and ...

MILAN — The European Commission on Tuesday announced an in-depth investigation of German airline Lufthansa’s planned takeover of Italian carrier ITA Airways, citing competitive concerns. Lufthansa ...