Germany's Lufthansa is continuing its efforts to consolidate its airline business across Europe. Following investments in ...

The Lufthansa Group has welcomed ITA Airways as its fifth network airline, finalizing a 41% stake in the Italian carrier.

January 2025 saw the Lufthansa Group conclude one of the most hotly anticipated business deals in the recent history of ...

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 ...

Lufthansa has finalised its acquisition of a 41% stake in Italian state-owned airline ITA after European antitrust remedies were put in place, in a deal designed to boost the carrier's presence in ...

Along with Lufthansa, SWISS, Austrian Airlines, and Brussels Airlines, this investment puts ITA Airways sixth network carrier within Lufthansa Group. While gaining from affiliation with Lufthansa's ...

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.

Germany’s Lufthansa Group on Friday finalized its acquisition of Italian airline ITA Airways, closing a long period of ...

An ITA Airways A321neo awaits delivery in Hamburg Finkenwerder. Credit: Kurt Hofmann The long-expected closure of Lufthansa Group’s takeover of ITA Airways is now expected for Jan. 16.

The Italian airline ITA Airways is a new member of the Lufthansa (DLAKY) Group. The Italian Ministry of Economy and Finance, MEF, and Lufthansa ...

Germany's Lufthansa announced on Friday that it has taken the first step towards a takeover of Italy's state-owned ITA Airways by completing an approved capital increase of €325 million ($334 ...

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.