Government-owned Alitalia ceased operations on October 15, marking the end of its 74-year era. Alitalia has been replaced by ITA Airways, a brand new airline that will not be responsible for the old ...
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 ...
FILE - An ITA Airways passenger jet approaches to land at the Los Angeles International Airport in Los Angeles, on July 1, 2022. German airline Lufthansa said it submitted an offer Wednesday Jan. 18, ...
Lufthansa has submitted an offer for ITA Airways under which it aims to secure a deal to initially acquire a minority stake in the Italian carrier with an option to take full ownership at a later date ...
FRANKFURT (Reuters) – Lufthansa and its partner MSC have been looking at financial data opened up by state-owned ITA Airways to see if the Italian airline would make a good strategic acquisition, the ...
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 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 ...
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 ...
ITA Chairman Alfredo Altavilla has welcomed an approach by Swiss-based shipping group MSC and German carrier Lufthansa to buy the majority of Alitalia successor ITA Airways, he told Germany's ...
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 (AP) — Italy’s new national airline, ITA Airways, flew its inaugural flights Friday and unveiled its brand and logo, recycling the red, white and green of its Alitalia origins as it tries to ...