Lufthansa Could Acquire Up to 40% of ITA Airways



Reading Time: < 1 minute

According to the Italian paper Il Messaggero, Lufthansa Group remains in settlements with ITA Airways to take a stake of 15% to 40% of the capital of the brand-new Italian airline company.

ITA Airways started its operations on October 15 th, changing the loss-making Alitalia. Ever since, it has actually revealed possible to develop itself as the flagship business of Italy. It purchased 28 brand-new Airbus airplane, signed up with the Skyteam alliance and signed codeshare contracts with numerous providers.

By getting ITA Airways, Lufthansa would avoid its primary rival, the Air France-KLM group and its partner Delta Air Lines, from controling the Italian market through an alliance with ITA Airways in the exact same method they had with Alitalia within the SkyTeam alliance.


Source: Lufthansa Could Acquire Up to 40% of ITA Airways

Lufthansa Could Acquire Up to 40% of ITA Airways - Click To Share

Other recent press releases

*This is a free press release. All upgraded press releases are ad-free!

Web3 Gaming Accelerator ICC CAMP by ABGA Officially Launches in Hong Kong with Opportunities for…

ICC Camp invites venture capital corporations, chain ecosystems, CEX/DEX ecosystems, gaming professionals and developers, media representatives, player communities, and other groups interested in the Web3 gaming ecosystem to join as founding partners. The objective is to collectively build ICC Camp, which is committed to cultivating and empowering future entrepreneurs in the Web3 gaming industry. Paving

Showcasing the Elite: Luxury Lifestyle Awards Names Top 100 Winners in Six Categories

Luxury Lifestyle Awards, a renowned global award selecting, recognizing, and celebrating the best luxury goods and services all over the world, is proud to announce the release of its highly anticipated TOP 100 Winners lists for the year 2023. These lists showcase the most distinguished, reliable, and trusted representatives in the luxury industry across six

Top 10 Multicultural Influencer Marketing Agencies

Global connectivity and cultural diversity are becoming more important in our increasingly interconnected world; thus, leveraging the expertise of multicultural influencer marketing agencies has become a game-changer for brands aiming to expand their horizons. We’ve analyzed the top 10 agencies that are not just reshaping the marketing landscape but are also driving unparalleled business growth.