ITA Airways joins Lufthansa as fifth network airline, 41% stake deal finalized
The Lufthansa Group has welcomed ITA Airways as its fifth network airline, finalizing a 41% stake in the Italian carrier.
Lufthansa finalizes 41% stake in Italy's ITA Airways for $350 million, eyes full acquisition
Germany's Lufthansa Group (OTCQX:DLAKY) (OTCQX:DLAKF) finalized its acquisition of a 41% stake in the Italian airline ITA Airways for €325 million (approximately $350 million) from the Italian government.
Italy's ITA Airways to resume flights to Israel from Feb. 1
Italy's ITA Airways said on Monday it would resume flights between Rome and Tel Aviv, starting Feb. 1, after a four-month suspension triggered by conflicts in the Middle Eastern region.
German Lufthansa closes deal to acquire 41% of ITA Airways, gaining full control by 2033
German Lufthansa Group has finalized its acquisition of Italian airline ITA Airways, closing a long period of uncertainty for Italy’s former flagship carrier.
Press Release: Lufthansa Group finalizes 41% stake in ITA Airways
The Italian airline ITA Airways is a new member of the Lufthansa Group. The Italian Ministry of Economy and Finance (MEF) and Europe’s leading aviation group concluded the transaction today. As a result, the Lufthansa Group has a 41 percent stake in the Italian airline ITA Airways. The remaining 59 percent will initially continue to be held by MEF.
British Airways and ITA Confirm Return to Israel
British Airways and ITA Airways are to resume flights to Tel Aviv as tensions in the region ease. Wizz Air and the Lufthansa Group are also returning to Israel.
Lufthansa Group Acquires 41% Stake in ITA Airways in $353 Million Deal
ITA Airways joins Lufthansa, SWISS, Austrian Airlines, and Brussels Airlines as part of the Lufthansa Group's network.
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.
IAG emerges as major contender for stake in Portuguese airline TAP
A number of aviation firms, including Lufthansa and Air France-KLM, have also shown interest in the Portuguese carrier but BA ...
Analysis-BA-Owner IAG Tipped as Frontrunner in TAP Sale as Europe Airline Consolidation Warms Up
DUBLIN (Reuters) - British Airways-owner IAG is likely to be a frontrunner to buy a stake in Portuguese carrier TAP, valued ...
devdiscourse11d
ITA Airways Reestablishes Rome-Tripoli Connection
ITA Airways has resumed direct flights between Rome and Tripoli for the first time in a decade, marking a significant move in ...
British Airways owner to step up pursuit of Portuguese rival
The chief executive of British Airways owner IAG has said it was poised to step up its pursuit of Portuguese flag carrier Tap.
BA-owner IAG tipped as frontrunner in TAP sale as Europe airline consolidation warms up
British Airways-owner IAG is likely to be a frontrunner to buy a stake in Portuguese carrier TAP, valued at about $1 billion, ...