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  1. www.reuters.com › business › aerospace-defenseLufthansa gets EU nod to buy $350 million stake in Italy's ITA

    1 day ago · Lufthansa won EU antitrust approval to buy 41% of ITA Airways for 325 million euros ($350 million) on Wednesday after ceding routes and slots, with the news boosting rival IAG's shares and hopes ...

  2. thepointsguy.com › news › lufthansa-group-acquisition-ita-airwaysITA Airways set to join Lufthansa Group, with Star Alliance shift...

    1 day ago · ITA Airways was formed from the remnants of Alitalia in 2020, and the Italian government took over the beleaguered airline during the COVID-19 pandemic. To date, ITA has not been able to shake Alitalia's longstanding reputation for losing money. Same brand, new alliance and loyalty program expected

  3. www.bloomberg.com › news › articlesLufthansa Wins EU Approval for €325 Million ITA Airways Deal

    1 day ago · Deutsche Lufthansa AG’s €325 million ($350 million) investment in Italy’s ITA Airways won approval from the European Union, allowing Prime Minister Giorgia Meloni to offload responsibility ...

  4. www.travelweekly.com › Travel-News › Airline-NewsEU gives green light for Lufthansa Group to acquire Italian...

    1 day ago · The European Commission has approved Lufthansa Group's proposed acquisition of Italian flag carrier ITA Airways following an investigation by EU antitrust regulators. The deal, announced in May ...

  5. skift.com › lufthansa-secures-approval-for-ita-airways-dealLufthansa Secures Approval for ITA Airways Deal

    1 day ago · On Wednesday morning the European Commission granted permission for Lufthansa Group to acquire a 41% stake in ITA Airways. ITA was founded in November 2020 and is the successor brand to Alitalia ...

  6. www.france24.com › en › live-newsEU clears Lufthansa's proposed ITA Airways stake, with conditions

    1 day ago · ITA Airways was created from the ashes of Alitalia, which was placed under public administration in 2017. Alitalia had accumulated losses of 11.4 billion euros between 2000 and 2020.

  7. www.wsj.com › world › europeLufthansa’s Acquisition of ITA Airways Stake Gets Conditional EU...

    1 day ago · The European Union gave Deutsche Lufthansa its conditional green light to buy a minority stake in Italian carrier ITA Airways, increasing the German carrier group’s reach in Europe and exposure ...