Germany's Lufthansa Group has completed its long-sought acquisition of Italian carrier ITA Airways, finalising on 17 January its acquisition of a two-fifths stake in the company.

The merger solidifies the Lufthansa Group's position as Europe's second-largest airline by passenger traffic. The deal, in progress since May 2023, received approval from the European Commission's ...

Lufthansa Group has agreed to take a 10% convertible shareholding in Air Baltic, ahead of the Latvian carrier's upcoming ...

Move would boost tourism and related industries in Singapore and enable more competitive fares. Read more at straitstimes.com ...