With the Lufthansa and ITA Airways merger, whereupon the former will initially buy a 41% stake in the latter, inching closer and closer, there have been questions about how the two carriers, as ...

The MEF owns ITA, the company that replaced the loss-making former flag-carrier Alitalia in 2021. (ANSA). Govt, Lufthansa reach breakthrough for ITA merger© Provided by ANSA ...

The deal saw Lufthansa acquire a 41% stake in ITA, with the Italian government retaining 59%. Notably, the contract allows Lufthansa to increase its shareholding at a later stage – something it ...

Effective immediately, 36 million members of the Lufthansa's Miles & More program can now earn and redeem miles on all flights operated by ITA Airways. At the same time, the 2.7 million members of ...

Lufthansa is set to acquire a stake in Italian state-owned airline ITA on Jan. 13, a source familiar with the situation told Reuters on Wednesday, bringing to a close years of talks.

Business German Lufthansa closes deal to acquire 41% of ITA Airways, gaining full control by 2033 Jan. 17, 2025 at 10:59 am Updated Jan. 17, 2025 at 11:58 am By The Associated Press ...

Under the 325-million-euro ($350 million) deal, Lufthansa takes an initial 41% stake in ITA, formerly Alitalia, from the Italian government, gaining full control by 2033 with a total investment of ...

Under the 325-million-euro ($350 million) deal, Lufthansa takes an initial 41% stake in ITA, formerly Alitalia, from the Italian government, gaining full control by 2033 with a total investment of ...

German Lufthansa Group has 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 ...

Under the 325-million-euro ($350 million) deal, Lufthansa takes an initial 41% stake in ITA, formerly Alitalia, from the Italian government, gaining full control by 2033 with a total investment of ...