Lufthansa, ITA

German Lufthansa closes deal to acquire 41% of ITA Airways, gaining full control by 2033
Germany's Lufthansa Group on Friday finalized its acquisition of Italian airline ITA Airways, closing a long period of uncertainty for Italy’s former flagship carrier. Under the 325-million-euro ($350 million) deal,
Lufthansa finalizes deal for 41 per cent stake in Italy’s ITA Airways
The deal has faced tough scrutiny from the Brussels-based European Commission, particularly its effect on long-haul travel
German Lufthansa seals deal to get 41% of ITA Airways, full control by 2033
Germany's Lufthansa Group on Friday finalised its acquisition of Italian airline ITA Airways, closing a long period of uncertainty for Italy's former flagship carrier.
Lufthansa's Strategic Sky-High Acquisition: ITA Airways Deal Sealed
Lufthansa Group completed its acquisition of Italy's ITA Airways, formerly Alitalia, finalizing a deal worth 829 million euros. Lufthansa now holds 41% of ITA, aiming for full control by 2033. This acquisition addresses competition concerns by allowing rival airlines access to certain routes,
Lufthansa completes 41% acquisition of ITA Airways
Lufthansa has finalised its acquisition of a 41% stake in ITA Airways, Italy's state-owned successor to Alitalia, for €325 million ($334 million). The
Germany’s Lufthansa closes deal to acquire 41% of ITA Airways, gaining full control by 2033
Under the €325-million ($350-million) deal, Lufthansa takes an initial 41 per cent stake in ITA, formerly Alitalia, from the Italian government, gaining full control by 2033 with a total investment of €829-million. The remaining 59 per cent will initially continue to be held by the Italian Treasury.
Lufthansa Finalizes Deal for 41% Stake in Italy’s ITA Airways
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. Most Read from BloombergThese Homes Withstood the LA Fires.
Lufthansa Closes Deal for 41% of ITA Airways
On Wednesday, the Lufthansa Airlines Group (LH) finalized its acquisition of a minority stake in ITA Airways (AZ). The German airline group now owns 41% of the Italian carrier, with the Italian Ministry of Economy and Finance (MEF) owning 59%.
Lufthansa finalises acquisition of 41% stake in Italy's ITA
Lufthansa finalised its acquisition of a 41% stake in Italian state-owned airline ITA after European antitrust remedies were ...
European Commission: To Order Lufthansa to Reinstate Condor's Access to Lufthansa's Feed Traffic to and From Frankfurt Airport
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Brussels To Lufthansa: Restore Condor Access To Frankfurt Feed Traffic
The European Commission (EC) has told Lufthansa to reinstate Condor’s access to feed traffic at Frankfurt airport. The order ...
EU to order Lufthansa to restore Condor's access to its short-haul network
The European Commission told Lufthansa on Wednesday it would order the German flag carrier to reinstate charter airline ...
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Lufthansa Ordered to Reinstate Condor Access Amid EU Investigation
The European Commission is requiring Lufthansa to reinstate charter airline Condor's access to its short-haul network for the ...
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EC Issues New Objections to Lufthansa Over Frankfurt-NY Route
The European Commission has sent a Supplementary Statement of Objections to Lufthansa indicating the Commission's intention ...
Google rejects EU fact-checking commitments for Search and YouTube
The pushback comes as the emboldened leaders of US tech companies, including Google CEO Sundar Pichai, have been courting ...
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Lufthansa Cargo appoints Andre Schulz to lead Europe region
Lufthansa Cargo will welcome two executives to new positions at the beginning of the year. Andre Schulz, previously Head of ...