Reports indicate Lufthansa – ITA deal close to approval

Press reports today indicate that Lufthansa is likely to obtain anti-trust approval for its acquisition of a stake in the state-owned Italian airline ITA, sources said on Thursday.

Press reports today indicate that Lufthansa is likely to obtain anti-trust approval for its acquisition of a stake in the state-owned Italian airline ITA, sources said on Thursday.

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Boeing made major management changes this morning. In the wake of the 737 MAX crisis, Boeing’s CEO, David Calhoun, will step down, and the board chair and head of commercial aircraft will be replaced. Boeing CEO Dave Calhoun will step…

Today, in South Africa’s parliament, the deal between the state and an investment group to take over the airline collapsed. What happens next is open to speculation, but it seems the state is back on the hook to fund the…

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