Lufthansa Group finalizes 41 percent stake in ITA Airways
Approved transaction of a capital increase of 325 million euros by Deutsche Lufthansa AG to ITA Airways completedAs of today, Italian flagship carrier ITA Airways is part of the Lufthansa Group and expands the offering as the fifth network airlineCarsten Spohr: “We look forward to continuing the impressive success story of ITA Airways together...
German Lufthansa Closes Deal to Acquire 41% of ITA Airways, …
2 days ago · 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 ...
ITA Airways - Lufthansa Group
Die italienische Fluggesellschaft ITA Airways ist neues Mitglied der Lufthansa Group. Gemeinsam haben das italienische Ministerium für Wirtschaft und Finanzen (MEF) und der führende Luftfahrtkonzern Europas heute die Transaktion abgeschlossen. Damit ist die Lufthansa Group mit 41 Prozent an der italienischen Fluglinie ITA Airways beteiligt.
Lufthansa Acquires 41% Stake In Italy's ITA Airways: It's A Done …
5 days ago · Lufthansa’s investment in ITA Airways has been completed, so ITA Airways is now officially a Lufthansa Group carrier! Lufthansa Group has acquired a 41% stake in ITA Airways for a capital contribution of €325 million, and the transaction was finalized today at …
Lufthansa closes deal to acquire 41% of ITA Airways
4 days ago · European aviation giant Lufthansa has completed its €325 million deal to acquire a minority stake in Italy’s ITA Airways. The closure of the deal on Wednesday (15 January) will see Lufthansa take an initial 41 per cent stake in the Italian carrier and follows years of negotiation. This deal was ...
Lufthansa Finalizes Deal for 41% Stake in Italy’s ITA Airways
2 days ago · Deutsche Lufthansa AG completed the acquisition of a minority stake in Italian carrier ITA Airways late on Friday after first making an offer for its competitor in January 2023.
Lufthansa finalises acquisition of 41% stake in Italy's ITA
2 days ago · Lufthansa finalised its acquisition of a 41% stake in Italian state-owned airline ITA after European antitrust remedies were put in place, it said on Friday, in a deal designed to boost the ...
Lufthansa Group reaches agreement on the acquisition of 41 per …
ITA Airways will become the fifth network carrier in Lufthansa Group’s multi-brand and multi-hub system. Italy represents the most important market outside the Group’s home base countries and the United States.
EU commission approves Lufthansa purchase of long-troubled …
Jul 3, 2024 · Lufthansa will invest 325 million euros ($350 million) to acquire a 41% stake in ITA, formerly Alitalia, from the Italian government, gaining full control by 2033 with a total investment of 829 million euros.
German Lufthansa closes deal to acquire 41% of ITA Airways, …
3 days ago · The commission noted that Lufthansa, ITA and its partners, for example, control most routes from Rome and Milan to North America. Under the deal, the merged company must make it possible for rival airlines to launch non-stop flights between Rome or Milan and central European airports, where competition is limited; make room for rivals on long ...