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Lufthansa, ITA Airways
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.
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.
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.
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,
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 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 put in place, it said on Friday, in a deal designed to boost the carrier's presence in the lucrative southern European market.
Lufthansa finalizes 41% stake in ITA Airways
The Italian airline ITA Airways is a new member of the Lufthansa (DLAKY) Group. The Italian Ministry of Economy and Finance, MEF, and Lufthansa
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Eurowings, Part of the Lufthansa Group, Embarks on Largest Fleet Modernization in Its History
The go-ahead has been given for one of the largest fleet modernizations in European aviation: Lufthansa Group has decided to ...
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Lufthansa Group Shakes Up Eurowings Fleet with 40 New 737 Max
Lufthansa Group is overhauling low-cost carrier Eurowings with 40 Boeing 737 Max jets, marking a significant shift from its ...
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Press Release: Air Canada taps Lufthansa Systems ops solution
Air Canada has successfully implemented the next-generation airline operation solution NetLine/Ops ++ from Lufthansa Systems ...
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Lufthansa celebrates roll-out of the legendary Lockheed Super Star
A milestone in aviation history is back in the public eye for the first time: Lufthansa Technik completed the extensive ...
Flightglobal
2d
Lufthansa shows off re-assembled L-1649A Starliner ahead of centenary display
Lufthansa Group's specialist vintage aviation division has unveiled the Lockheed L-1649A airliner which has been undergoing ...
2d
Bernstein Sticks to Its Hold Rating for Deutsche Lufthansa (0H4A)
In a report released today, Alex Irving from Bernstein maintained a Hold rating on Deutsche Lufthansa (0H4A – Research Report), with a price ...
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Why airlines are so bullish on Europe right now
United and Delta are sending more planes to Europe as travelers take advantage of the lower off-peak crowds and the dollar's ...
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Old Quadjet: The Airbus A340’s Top 10 Routes In February
These airlines will have scheduled passenger flights on the Airbus A340 in February: Conviasa, Cubana (using wet-leased Plus ...
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