Lufthansa CEO Carsten Spohr thinks that the integration of ITA Airways into Lufthansa Group will be no more difficult than integrating Austrian Airlines, SWISS, and Brussels Airlines has been. Actually, it could be even easier as ITA has already been restructured,...
ITA Airways is structurally a cost-competitive airline with no legacy to its predecessor Alitalia and should be profitable from 2025 under Lufthansa’s wings. The Italian carrier will help Lufthansa to become even more international and less dependent on its home...
After a year of pitching, pushing, lobbying, and some five months of exclusive negotiations, Lufthansa and the Italian government have reached an agreement on the partial privatization of ITA Airways. Lufthansa will acquire a 41 percent minority stake in ITA through a...
UPDATE – Italian airline ITA Airways ended 2022 with a €486 million net loss, newspaper Corriere della Sera reports. Last year has been the first full year of ITA’s history as it launched services in October 2021, so no comparable results are available. Revenues...
Lufthansa Group has officially submitted an offer to the Italian government to acquire a minority stake in ITA Airways, it said on January 18. The announcement had been anticipated for some time. Lufthansa officially bids for ITA Airways. In a statement, Lufthansa...
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