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Lufthansa, ITA
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.
How Well Will ITA Airways Fit In With The Other Lufthansa Group Airlines?
January 2025 saw the Lufthansa Group conclude one of the most hotly anticipated business deals in the recent history of European commercial aviation, as the company finalized a 41% stake in Italian flag carrier ITA Airways.
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 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.
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.
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.
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.
Lufthansa-ITA tie-up finalised with transfer of two-fifths stake in Italian carrier
Germany's Lufthansa Group has completed its long-sought acquisition of Italian carrier ITA Airways, finalising on 17 January its acquisition of a two-fifths stake in the company.
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.
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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, ...
4d
Alitalia, 27 billion and a complex legacy: Ita takes off with Lufthansa
With the final report of the three extraordinary commissioners, Gabriele Fava, Giuseppe Leogrande and Daniele Umberto Santosuosso, the era of Alitalia, the historic national airline, has definitively ...
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Deutsche Lufthansa: Encouraging Sign On The MRO Division
Investing in Deutsche Lufthansa may be a smart move with positive financial indicators supporting growth in its Technik ...
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