British Airways and ITA Airways are resuming flights to Israel following a ceasefire between Israel and Hamas. ITA Airways will restart with one daily flight to Tel Aviv from February 1 ...
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. The German airline ...
German Lufthansa Closes Deal to Acquire 41% of ITA Airways, Gaining Full Control by 2033 ROME (AP) — Germany's Lufthansa Group on Friday finalized its acquisition of Italian airline ITA Airways ...
Lufthansa Group officially purchased a 41% stake in ITA Airways Jan. 17 with its capital infusion of €325 million ($334 million), making the Italian carrier its fifth network airline.
(Bloomberg) -- 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.
ROME, Jan 20 (Reuters) - 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 ...
ITA Airways says it expects to complete the process of joining Star by early 2026. Lufthansa Group has taken a minority stake in the airline, which had previously been wholly-owned by the Italian ...
VIENNA—Ryanair Group CEO Michael O’Leary is confident the Irish ULCC will remain the largest airline in Italy, despite Lufthansa Group’s takeover of ITA Airways. The Lufthansa Group ...
Airbus Defense and Space has begun a risk-assessment study for France’s future maritime patrol aircraft (MPA), to be based on an Airbus A321 airliner platform. Billed as a “flying frigate” by the ...
With the deal having also resulted in ITA Airways becoming a subsidiary airline of the Lufthansa Group, there are various operational implications to the transaction, as we shall now explore.
The remaining 59% of ITA will initially continue to be held by the Italian Ministry of Economy and Finance, Lufthansa added, as ITA Airways becomes the group's fifth network airline.
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