ITA Airways

Lufthansa-ITA merger deal to be completed January 13

Lufthansa is set to acquire a stake in Italian state-owned airline ITA on Jan. 13, a source familiar with the situation told Reuters on Wednesday, bringing to a close years…

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Italy reaches deal with Lufthansa over sale of stake in ITA

Italy has reached a deal with German flag carrier Lufthansa on the sale of a stake in ITA Airways, the Italian government announced. The deal still needs to be cleared…

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Italy puts ITA-Lufthansa deal on hold due to price dispute

Italy's Treasury has put on hold the sale of a minority stake in ITA Airways to Lufthansa amid differences with the German carrier over the agreed price, a source said…

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Ita Airways to resume flights to Libya in 2025

Italian Prime Minister Giorgia Meloni on Tuesday said Ita Airways will resume direct flights between Italy and Libya starting in January 2025, addressing the Italy-Libya Business Forum in Tripoli."And I…

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Lufthansa gets EU nod to buy $350 mln stake in Italy’s ITA

Germany's Lufthansa won EU antitrust approval to buy 41% of Italy's ITA Airways for 325 million euros ($350 million) on Wednesday after ceding routes and slots. The deal will boost…

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Lufthansa’s ITA deal set to get EU approval

Politico reports that Lufthansa is set to win European Union approval for its planned stake in Italy’s state-owned ITA Airways. Barring any last-minute hitches, the European Commission will accept concessions made…

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Lufthansa ups its offer to try to win over EU on ITA deal

Lufthansa is making extra concessions to the European Commission to try to win European Union approval for its planned stake in Italy's state-owned ITA Airways, two people said Monday. The…

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ITA-Lufthansa deal poses competition risks says Vestager

he proposed ITA-Lufthansa merger that is being held up by the European Commission poses competition risks, European Competition Commissioner Margrethe Vestager said Thursday. She said the deal, which has an…

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Lufthansa and Italian ministry submit merger commitments to EC for approval

Lufthansa and the Italian economy ministry have submitted a "more extensive" package of commitments to the European Commission in order to get the green light for a merger between the…

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Indications ITA-Lufthansa pledges not enough for EU

New pledges made by ITA and Lufthansa to secure an OK to their merger are still not enough for the European Commission but there is time until a final decision…

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Italy confident on EU go-ahead over ITA-Lufthansa tie-up

Italy's economy minister said on Wednesday he was confident of a green light from the European Commission to Lufthansa's purchase of a stake in Italy's ITA Airways. The German airline…

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Lufthansa, ITA to propose further remedies for EU green light to tie-up

Germany's Lufthansa and Italian rival ITA Airways will propose further remedies to try to secure EU antitrust approval for the tie-up between the two carriers, Italy's economy minister revealed. The…

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Lufthansa’s new ITA remedies not too different from earlier, sources say

Lufthansa's new remedies on its ITA Airways stake buy are not markedly different from an earlier package rejected by EU antitrust regulators which have also discounted Ryanair as a rival…

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Lufthansa offers concessions to gain EU nod on ITA takeover

German airline Lufthansa has offered concessions aimed at securing EU antitrust approval for its acquisition of a minority stake in Italian carrier ITA Airways, an update on the European Commission…

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Lufthansa, ITA Airways deal may hurt competition, EU watchdog says

Lufthansa seeking to buy 41% stake in Italy's ITA Airways Lufthansa, Italy can put forward new remedies by April 26 German airline confident deal will go through By Foo Yun…

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EU needs more time to clear ITA Airways-Lufthansa deal – Italy FinMin

ROME, Dec 22 (Reuters) - Further months of talks are required to secure European Union approval of German carrier Lufthansa LHAG.DE buying a minority stake in Italian state-owned ITA Airways,…

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Lufthansa seeks EU antitrust approval for ITA Airways stake purchase

By Ilona Wissenbach, Angelo Amante and Giuseppe Fonte FRANKFURT/ROME, (Reuters) - Lufthansa AG and Italy sought EU antitrust approval for the German airline to buy a controlling minority stake in…

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Lufthansa’s ITA deal heralds more European airline tie-ups

Analysts see Europe heading to US-style consolidation Italy saw Lufthansa deal as only way forward But M&A could be a distraction amid stiff competition By Joanna Plucinska and Angelo Amante…

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Rome Fiumicino seen as Lufthansa’s new southern hub after ITA deal

By Angelo Amante ROME (Reuters) - Lufthansa hopes to develop Rome Fiumicino as a southern hub for the group and will focus on long-haul flights from the Italian airport to…

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Lufthansa intends to fully take over ITA Airways – CEO

By Angelo Amante and Ilona Wissenbach Lufthansa to take 41% by way of capital increase German carrier to invest 325 million in Italian carrier Lufthansa to appoint new ITA Airways…

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Italy, Lufthansa extend exclusive talks on ITA Airways sale

Italy's Treasury and Germany's Lufthansa have agreed to extend exclusive talks over the sale of ITA Airways until May 12 from the previous deadline of April 24, a source close…

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ITA Airways chairman says deal with Lufthansa mostly worked out

ROME, April 19 (Reuters) - ITA Airways has worked out the main elements of a partial takeover deal with Lufthansa and hopes to announce it soon, the chairman of the…

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Lufthansa to buy 40% of ITA Airways for 250-300 million euros

Lufthansa is set to buy 40% of ITA Airways from the Italian Treasury for between 250 and 300 million euros, sources said on Thursday. The memorandum for Lufthansa's acquisition of…

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ITA-Lufthansa deal sparks further airline merger talk

Sector consolidation could bolster balance sheets, analysts say TAP, easyJet and SAS among potential targets Airlines remain cautious in tough market, some executives say By Joanna Plucinska and Ilona Wissenbach…

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Italy’s nationalists set to loosen grip on beloved airline with mooted Lufthansa deal

Italy passes decree to facilitate sale of ITA Airways Predecessor Alitalia considered national icon Deal could test nationalist agenda of Rome's rightist govt Analysts see merger with stronger rival as…

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Italy lays out conditions for ITA Airways sale, likely to Lufthansa

Italy working on full privatisation of state-owned carrier Lufthansa could buy minority stake via capital increase Industry sources value ITA at around 500 mln euros By Giuseppe Fonte and Angelo…

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ITA and Lufthansa executives met ahead of possible sale

BERLIN, Dec 9 (Reuters) - ITA Airways Chairman Antonino Turicchi met Lufthansa Chief Executive Carsten Spohr this week as Italy's government aims to sign a preliminary agreement for the sale…

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Italy could sell majority of ITA to Lufthansa-FS consortium

MILAN, (Reuters) - Italy's government is studying the possibility of selling the majority of ITA Airways to a consortium that could include Germany's Lufthansa and state-owned railways group Ferrovie dello…

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Lufthansa still interested in buying into ITA Airways

BERLIN (Reuters) - Lufthansa is still interested in buying into state-controlled Italian carrier ITA Airways, a spokesman said, despite reports that its original partner in the mooted deal had pulled…

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Italy names former Treasury official to head ITA Airways

ROME, Nov 16 (Reuters) - The Italian economy ministry on Wednesday said it would appoint former Treasury official Antonino Turicchi as chairman of state-owned carrier ITA Airways, the successor to…

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ITA Airways to expand fleet with 39 new aircraft in 2023

ROME, Nov 11 (Reuters) - ITA Airways will next year refresh its fleet with 39 new aircraft, allowing it to serve more long-distance destinations, the state-owned successor to Alitalia said…

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Italy picks Certares-led bid for exclusive ITA Airways talks

MILAN, Aug 31 (Reuters) - Italy's government has picked a bid by U.S. private equity fund Certares and backed by Air France-KLM and Delta Air Lines Inc to start exclusive…

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Italy aims to pick preferred bidder for ITA Airways this month

Italy's outgoing government is pressing ahead with plans to sell a majority stake in ITA Airways and hopes to choose its preferred bidder by the end of the month, three…

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Italy asks bidders to recast proposals for Ita Airways

ROME, (Reuters) - Italy has asked bidders willing to take over Ita Airways to come up with improved proposals, the economy minister said, because the government does not deem the current bids to be…

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Italy’s right-wing frontrunner asks Draghi to freeze Ita Airways sale

The Brothers of Italy party, leading polls ahead of next month's election, has asked outgoing Prime Minister Mario Draghi to freeze the sale of a majority stake in state-owned airline…

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ITA Airways pilots ‘fell asleep’ while flying plane

A captain of Italy’s flagship state airline has been sacked after he allegedly fell asleep at the controls, leaving traffic controllers unable to communicate with the plane for 10 minutes.…

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Italy sets course for ITA Airways sale by end of next month

Italy’s government aims to sell state-owned ITA Airways, the successor to Alitalia, by the end of June after setting a deadline for binding offers of May 23, Economy Minister Daniele…

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Italy to sees bids for ITA Airways by April 18

MILAN, April 8 (Reuters) - Italy's Treasury has invited suitors interested in buying the majority of ITA Airways to express their formal interest in the carrier by April 18, three sources close…

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Delta, Air France-KLM eye majority stake in ITA airways

Delta Airlines , Air France-KLM , with the backing of an international fund, have expressed interest for a majority stake in Alitalia's successor ITA Airways, daily La Repubblica reported on Thursday, citing a government…

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Lufthansa far from seeking majority stake in Italy’s ITA -CEO

BERLIN, March 3 (Reuters) - Germany's Lufthansa LHAG.DE has no immediate plans to take a majority stake in ITA, Chief Executive Carsten Spohr said on Thursday. Asked if Lufthansa wanted to buy a majority…

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EasyJet wants more Milan slots if ITA links with Lufthansa

ROME, Feb 17 (Reuters) - EasyJet EZJ.L would want more slots at Milan's Linate airport should carrier ITA team up with Germany's Lufthansa , the chief executive of the British carrier said, indicating the airline's…

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Italy launches sale of ITA Airways, to keep minority stake

ROME (Reuters) - The Italian government has launched the process to find a partner for ITA Airways and in a first stage will retain a minority stake in the successor…

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Italy studying decree to sell stakes in Ita Airways

ROME (Reuters) - Italy's Treasury is studying a decree detailing ways to sell stakes in state-owned carrier ITA Airways under an open and market-based procedure, two sources close to the…

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Shipping group MSC interested in majority of ITA, managing it

ROME, Jan 27 (Reuters) - Shipping company MSC wants to hold a majority stake in ITA Airways and be able to run the Italian carrier, the chairman of the Swiss-based…

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ITA says airport incentives to low-cost airlines risk causing a “blood bath”

MILAN (Reuters) - ITA Airways is seeking the same incentives that small airports and local administrations in Italy grant to low-cost carriers, the chairman of Alitalia’s successor said, warning of…

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ITA Airways seeks an ally to put ‘money on the table’

MILAN (Reuters) -Alitalia’s successor ITA Airways is looking for a partner ready to invest in the Italian carrier, Chairman Alfredo Altavilla said, adding that the airline could seal an alliance…

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