The tail of an airplane, consisting of important components like the vertical stabilizer, horizontal stabilizer, rudder, and elevators, is crucial for stable flight and maneuverability. But how much ...
Lufthansa Group officially purchased a 41% stake in ITA Airways Jan. 17 with its capital infusion of €325 million ($334 million), making the Italian carrier its fifth network airline.
DALLAS — On Wednesday, the Lufthansa Airlines Group (LH) finalized its acquisition of a minority stake in ITA Airways (AZ). The German airline group now owns 41% of the Italian carrier, with the ...
The Lufthansa Group has announced a significant milestone in its acquisition of ITA Airways. The Italian Ministry of Economy and Finance (MEF) has appointed two seasoned Lufthansa executives to the ...
ITALY and Lufthansa finalised their agreement on Wednesday for the German airline to acquire a minority stake in ITA Airways, the state-owned carrier born from the ashes of Alitalia. Joerg Eberhart, ...
ITA Airways, and, by extension, the MEF. The Germany-based airline group, with subsidiaries of de facto flag carriers in Austria, Belgium, and Switzerland, including Germany’s Lufthansa, announced the ...
European aviation giant Lufthansa has completed its €325 million deal to acquire a minority stake in Italy’s ITA Airways. The closure of the deal on Wednesday (15 January) will see Lufthansa take an ...
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.
Italy’s flag carrier ITA Airways has restarted direct nonstop flights to Tripoli, Libya, marking the first time a Western European airline has resumed services there after a 10-year suspension. On ...
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