Lufthansa Nears Deal to Take Over Italy’s ITA Airways
Deutsche Lufthansa AG is on track to complete its takeover of ITA Airways after ironing out differences with the Italian government over the purchase of the unprofitable carrier.
Italy and Lufthansa reach deal on ITA Airways stake
The Italian government and Lufthansa reached a deal on the sale of a stake in flag carrier ITA Airways to the German airline, Rome announced Monday evening, hours before a midnight deadline to present the agreement to European regulators.
Lufthansa nears deal to buy Italy's ITA
Lufthansa Group submitted a package of remedies to the European Commission needed to secure antitrust EU approval to take a minority stake in ITA Airways, the German airline said on Tuesday, bringing it a step closer to closing the deal after a dispute with Italy's Treasury last week put it on hold.
Lufthansa takeover of Alitalia nearing completion
German airline Lufthansa's $356m investment in Italian state-owned airline Alitalia is close to being finalized after the airline resolved its differences with the Italian government, reported Bloomberg.
Breakthrough Reached in Lufthansa-ITA Airways Deal
A breakthrough in Lufthansa’s (LH) merger with ITA Airways (AZ) came about on Monday night. Talks between the Italian Economy and Finance Ministry (MEF) and LH moved ahead after reaching a solution to a problem that had stalled the German company's merger with AZ.
Lufthansa reaches deal to secure stake in Italy's ITA Airways
The Italian Ministry of Economy and Finance has revealed that it has reached a deal with Germany's Lufthansa Group for a 49% stake in ITA Airways. View on euronews
34 killed in 31 fatal crashes in October – ITA
The Island Traffic Authority (ITA) is reporting that 34 road users were killed in 31 fatal crashes during the month of ...
Science Daily9h
New discovery may lead to more effective treatment for cardiovascular disease
Researchers have identified a new target to treat atherosclerosis, a condition where plaque clogs arteries and causes major cardiac issues, including stroke and heart attack.
Aviation Week1d
ITA Airways Plans Tripoli Flights Despite EASA Safety Warning
ITA Airways’ planned entry into the market comes despite EASA’s latest Conflict Zone Information Bulletin, issued on Oct. 31 ...
The Chronicle6h
Blue Devil of the Week: Cooper Williams works overtime to qualify for NCAA Championships
During the fall season, The Chronicle is polling its readers every week via its Sportswrap newsletter to highlight one Blue ...
Alitalia will lay off over 2,000 remaining employees as liquidation nears
Italy’s former national carrier Alitalia has started procedures for the collective dismissal of its remaining 2,059 employees ...
Which US Routes Is ITA Airways Currently Serving & With What Aircraft?
Starting in January 2025, ITA will offer flights from Leonardo da Vinci Rome Fiumicino Airport (FCO) to San Francisco ...
Arkansas Razorbacks1h
Clary Announces Signing of Alexandra Panagiotidou
Arkansas women's tennis head coach Tucker Clary has announced that Alexandra Panagiotidou has signed a National Letter of ...
Zawya2d
ITA announces partnerships in the MENA region to advance green industry
The Industrial Transition Accelerator (ITA) announces partnerships with the UAE and Bahrain as it ramps up activity in the ...
The Chronicle3d
Duke men's tennis punches two tickets to NCAA Championships at ITA Sectionals
Duke men’s tennis shined in the fall’s biggest event yet. At the ITA Sectional Championship in Chapel Hill — the last ...
World Business Council for Sustainable Development22h
WBCSD’s Center for Decarbonization Demand Acceleration and ITA Launch Green Purchase Toolkit at COP29
Baku, Azerbaijan, 14 November 2024 – The World Business Council for Sustainable Development (WBCSD) Center for ...