The Lufthansa Group has welcomed ITA Airways as its fifth network airline, finalizing a 41% stake in the Italian carrier.

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.

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.

ITA Airways has launched a new air connection between Rome and Tripoli, Libya, marking the first direct flight between the two cities in years. The inaugural flight, ITA Airways flight AZ868 ...

ROME (AP) — Germany's Lufthansa Group on Friday finalized its acquisition of Italian airline ITA Airways, closing a long period of uncertainty for Italy’s former flagship carrier. Under the ...

German Lufthansa Closes Deal to Acquire 41% of ITA Airways, Gaining Full Control by 2033 ROME (AP) — Germany's Lufthansa Group on Friday finalized its acquisition of Italian airline ITA Airways ...

as ITA Airways becomes the group's fifth network airline. Aerospace & Defensecategory China's COMAC aims to lift C919 jet production capacity to 50 this year, report says January 20, 2025 category ...

Under the 325-million-euro ($350 million) deal, Lufthansa takes an initial 41% stake in ITA, formerly Alitalia, from the Italian government, gaining full control by 2033 with a total investment of ...