German Lufthansa Group has finalized its acquisition of Italian airline ITA Airways, closing a long period of uncertainty for Italy’s former flagship carrier.

Germany's Lufthansa Group on Friday finalised its acquisition of Italian airline ITA Airways, closing a long period of uncertainty for Italy's former flagship carrier.

Under the €325-million ($350-million) deal, Lufthansa takes an initial 41 per cent stake in ITA, formerly Alitalia, from the Italian government, gaining full control by 2033 with a total investment of €829-million. The remaining 59 per cent will initially continue to be held by the Italian Treasury.

Lufthansa Group completed its acquisition of Italy's ITA Airways, formerly Alitalia, finalizing a deal worth 829 million euros. Lufthansa now holds 41% of ITA, aiming for full control by 2033. This acquisition addresses competition concerns by allowing rival airlines access to certain routes,

Low-cost carrier Wizz Air ceased flight service to Israel back in October 2023. The airline recently began slowly resuming operations, according to Euro News. As of January 15, the carrier was offering connections to London, Budapest, Vienna, Milan, Warsaw and Athens. It also resumed its flights to Amman, Jordan, on January 16.

January 2025 saw the Lufthansa Group conclude one of the most hotly anticipated business deals in the recent history of European commercial aviation, as the company finalized a 41% stake in Italian flag carrier ITA Airways.

from Milan Malpensa Airport in Italy to Murtala Muhammed International Airport in Lagos has broken almost two decades of direct flights between Nigeria and Italy following the exit of Alitalia. “We are thrilled to partner with NeosAir on this important ...

Marcus Rashford said he was ready for a "new challenge" ahead of the January transfer window; AC Milan and Borussia Dortmund have been among the interested parties; Milan are only allowed to sign ...

Two giants of Italian football clash this weekend as Juventus play hosts to AC Milan in the Serie A. Though two of the most successful teams in Italy, with 50 Serie A crowns between them ...

What is the CMN - LIN flight duration? What is the flying time from Casablanca to Milan? The airports map below shows the location of Casablanca Airport & Milan Airport and also the flight direction. Find flight time from Mohamed V Airport or Casablanca or ...

"The Large Glass," the latest exhibition at the MAXXI Museum in Rome, curated by the renowned American artist Alex Da Corte, opens to the public on December 13. From 2012: Resonating throughout the exhibition is a belief that ideas ask for a physical form ...

Thank you for reporting this station. We will review the data in question. You are about to report this weather station for bad data. Please select the information that is incorrect.