Lufthansa Nears Deal to Take Over Italy’s ITA Airways
Deutsche Lufthansa AG is on track to complete its takeover of ITA Airways after ironing out differences with the Italian government over the purchase of the unprofitable carrier.
Italy and Lufthansa reach deal on ITA Airways stake
The Italian government and Lufthansa reached a deal on the sale of a stake in flag carrier ITA Airways to the German airline, Rome announced Monday evening, hours before a midnight deadline to present the agreement to European regulators.
Lufthansa Group Reaches Agreement With Italian Government For ITA Airways
Lufthansa Group and MEF, the owner of ITA Airways, agreed to finalize the merger and sent its remedy package to the European Commission.
Lufthansa nears deal to buy Italy's ITA
Lufthansa Group submitted a package of remedies to the European Commission needed to secure antitrust EU approval to take a minority stake in ITA Airways, the German airline said on Tuesday, bringing it a step closer to closing the deal after a dispute with Italy's Treasury last week put it on hold.
Lufthansa takeover of Alitalia nearing completion
German airline Lufthansa's $356m investment in Italian state-owned airline Alitalia is close to being finalized after the airline resolved its differences with the Italian government, reported Bloomberg.
Breakthrough Reached in Lufthansa-ITA Airways Deal
A breakthrough in Lufthansa’s (LH) merger with ITA Airways (AZ) came about on Monday night. Talks between the Italian Economy and Finance Ministry (MEF) and LH moved ahead after reaching a solution to a problem that had stalled the German company's merger with AZ.
Lufthansa reaches deal to secure stake in Italy's ITA Airways
The Italian Ministry of Economy and Finance has revealed that it has reached a deal with Germany's Lufthansa Group for a 49% stake in ITA Airways. View on euronews
34 killed in 31 fatal crashes in October – ITA
The Island Traffic Authority (ITA) is reporting that 34 road users were killed in 31 fatal crashes during the month of ...
Aviation Week1d
ITA Airways Plans Tripoli Flights Despite EASA Safety Warning
ITA Airways’ planned entry into the market comes despite EASA’s latest Conflict Zone Information Bulletin, issued on Oct. 31 ...
Zawya2d
ITA announces partnerships in the MENA region to advance green industry
The Industrial Transition Accelerator (ITA) announces partnerships with the UAE and Bahrain as it ramps up activity in the ...
World Business Council for Sustainable Development23h
WBCSD’s Center for Decarbonization Demand Acceleration and ITA Launch Green Purchase Toolkit at COP29
Baku, Azerbaijan, 14 November 2024 – The World Business Council for Sustainable Development (WBCSD) Center for ...
Aviation Week2d
Italian Government Signs Agreement On ITA Concessions
Italian Government Signs Agreement On ITA Concessions is published in Aviation Daily, an Aviation Week Intelligence Network ...
The Chronicle2d
Balus, Jackson and Coleman earn bids to women's tennis NCAA Individual Championships at ITA Sectionals
Balus and Coleman powered back to win the second set 6-4, and then crushed Pennsylvania’s Esha Velaga and Lara Stojanovski 10 ...
Oklahoma State Athletics4d
Epps Falls in ITA Conference Masters Final
Gracie Epps of the Oklahoma State women's tennis team captured a runner-up finish in the singles draw of the ITA Conference ...