ITA Airways News

Bloomberg • Samuel Stolton

Lufthansa Secures EU Approval for €325M ITA Airways Acquisition

Lufthansa has received EU antitrust approval to acquire a 41% stake in ITA Airways for €325 million, conditional upon ceding certain routes and slots. The deal expands Lufthansa's presence in southern Europe and strengthens its long-haul market position.

112 Sources

2024-07-03T03:02:32.313918-07:00

Reuters

EU Approves Lufthansa's €325M Acquisition of 41% ITA Airways Stake

10 Sources

2024-07-05T08:51:06.284706-07:00

Aviation Week

Volotea, EasyJet Set to Aid Clearance of Lufthansa-ITA Airways Stake Purchase

2 Sources

2024-07-04T08:43:28.146688-07:00

2024-07-01T10:22:26.208264-07:00

ITA Airways Launches Rome-Bangkok Nonstop Route with A330neo Starting November 16, 2024

ITA Airways' new direct service between Rome Fiumicino and Bangkok will operate five times weekly. This marks the airline's first connection between Italy and Thailand, aiming to boost both leisure tourism and business travel.

ITA Airways News Timeline

Reuters

EU Approves Lufthansa's €325M Acquisition of 41% ITA Airways Stake The EU Commission has approved Lufthansa Group's purchase of a 41% stake in ITA Airways for €325 million. The deal, expected to finalize in Q4 2024, includes various concessions and aims to integrate ITA into Lufthansa's network.

2024-07-05T08:51:06.284706-07:00

EU Approves Lufthansa's €325M Acquisition of 41% ITA Airways Stake

Aviation Week

Volotea, EasyJet Set to Aid Clearance of Lufthansa-ITA Airways Stake Purchase Volotea and EasyJet are prepared to take on slots and routes, facilitating the clearance of Lufthansa’s acquisition of a stake in ITA Airways.

2024-07-04T08:43:28.146688-07:00

Volotea, EasyJet Set to Aid Clearance of Lufthansa-ITA Airways Stake Purchase

Bloomberg

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Lufthansa Secures EU Approval for €325M ITA Airways Acquisition Lufthansa has received EU antitrust approval to acquire a 41% stake in ITA Airways for €325 million, conditional upon ceding certain routes and slots. The deal expands Lufthansa's presence in southern Europe and strengthens its long-haul market position.

2024-07-03T03:02:32.313918-07:00

Lufthansa Secures EU Approval for €325M ITA Airways Acquisition

Airways Magazine

ITA Airways Launches Rome-Bangkok Nonstop Route with A330neo Starting November 16, 2024 ITA Airways' new direct service between Rome Fiumicino and Bangkok will operate five times weekly. This marks the airline's first connection between Italy and Thailand, aiming to boost both leisure tourism and business travel.

2024-07-01T10:22:26.208264-07:00

ITA Airways Launches Rome-Bangkok Nonstop Route with A330neo Starting November 16, 2024

euractiv.com

Lufthansa-ITA Merger Adds Complexity to EU Airline Consolidation The European Commission faces increasing challenges as Lufthansa's acquisition of ITA Airways joins a series of recent airline mergers, intensifying the debate over market consolidation in the region.

2024-06-24T21:35:23.682029-07:00

Lufthansa-ITA Merger Adds Complexity to EU Airline Consolidation

AeroTime

EU Likely to Approve Lufthansa's Acquisition of ITA Airways The European Commission is expected to greenlight Lufthansa Group's acquisition of ITA Airways, marking a major consolidation move in the European airline market.

2024-06-23T02:44:49.469686-07:00

EU Likely to Approve Lufthansa's Acquisition of ITA Airways

Bloomberg

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EU Approval Imminent for Lufthansa's €325 Million ITA Airways Deal Lufthansa's significant investment in ITA Airways is set to gain approval from the European Union, supporting Italy's fiscal reforms under Prime Minister Giorgia Meloni.

2024-06-13T06:27:10.212269-07:00

EU Approval Imminent for Lufthansa's €325 Million ITA Airways Deal

AeroTime

Lufthansa Makes Final Concessions to Secure ITA Airways Deal Lufthansa has submitted additional guarantees to the European Commission to obtain approval for its acquisition of ITA Airways. The airline aims to maintain its intercontinental strategy while addressing regulatory concerns.

2024-06-11T02:54:21.803836-07:00

Lufthansa Makes Final Concessions to Secure ITA Airways Deal

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