September 28, 2024 2:34 pm ET
September 17, 2024 4:00 am ET
August 2, 2024 12:24 pm ET -
IAG Withdraws from Air Europa Purchase
International Airlines Group (IAG) has withdrawn from an agreement to purchase the remaining 80% share of Spanish carrier Air Europa. Reuters reported the decision was made public on Thursday as IAG announced its half-yearly trading figures. Chief Executive Luis Gallego…
July 3, 2024 11:23 am ET -
E.U. Commission Green Lights Lufthansa’s ITA Airways Takeover
The European Commission has given its approval for Lufthansa's acquisition of a 41% stake in Italy's ITA Airways. The deal, valued at €325 million, is part of Lufthansa's strategy to strengthen its position in the global aviation market. The transaction…
June 18, 2024 3:22 pm ET -
Lufthansa Selects Cape Town as First African Destination for Allegris…
Lufthansa has announced that its new Allegris cabins will be available on flights between Munich and Cape Town from Oct. 27, 2024. Lufthansa’s Cape Town Services Passengers traveling to Cape Town will have the opportunity to experience the comfort of…
June 15, 2024 5:36 pm ET -
Lufthansa Bid for Stake in ITA Airways May Be ‘Close…
The Lufthansa Group’s (Deutsche Lufthansa AG) bid for a 41 percent stake in ITA Airways may be close to approval by European authorities. Reuters cited multiple sources ‘with direct knowledge of the matter’ saying anti-trust regulators are ‘leaning towards clearing…
May 18, 2024 11:42 pm ET -
Lufthansa Needs To Try Harder if It Wants To Take…
Recently, new pieces of information surfaced on the ongoing proceeding for the Lufthansa Group to acquire a stake in the Italian carrier ITA. A Long Way To Get Here Lufthansa Group's interests in taking over an Italian carrier date back…