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 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 ...

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.

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 ...

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 ...

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 ...

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

A final deal is "still weeks away", but that a decision is expected by April 24. Photo Credit: ITA Airways German airline Lufthansa has moved closer to purchasing a stake in Italian flag carrier ITA ...