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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.
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 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 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
4h
Lufthansa Airlines 'not there yet' on profitability, says CEO
Lufthansa Airlines aims to be profitable again but still has a ways to go despite the initial success of its restructuring ...
1h
on MSN
Lufthansa airline targets profitability with restructuring plan
Lufthansa Airlines is working towards profitability through a comprehensive restructuring plan, as shared by CEO Jens Ritter ...
Skift
2d
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 ...
AviationPros
1d
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 ...
AeroTime
2d
Lufthansa Technik rolls out fully renovated 1957 Lockheed Starliner in Hamburg
Lufthansa Technik has rolled out a fully renovated 1957 Lockheed Starliner which will take center stage at Lufthansa’s centenary celebrations in 2026.
Flightglobal
3d
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 ...
AviationPros
21h
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 ...
Airways
2d
Lufthansa Restores Iconic Lockheed Super Star
The Lockheed Super Star joined the LH fleet in 1957, offering the Senator class on the nonstop transatlantic connection to ...
Skift
59m
Denver is Getting its First-Ever A380 ‘Super-Jumbo’ Flights
If you thought the A380 was consigned to the junkyard, think again. Lufthansa is proving the double-decker colossus has ...
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