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Lufthansa CEO optimistic about financial health of ITA Airways
StreetInsider· 2 days agoLONDON (Reuters) -Lufthansa sought to reassure investors about ITA's financial health on Friday after the German carrier won EU approval this week to buy 41% of the Italian ...
Europe’s Cheap Airline Stocks Fail to Get a Peak Season Boost
Bloomberg via Yahoo Finance Canada· 2 days ago(Bloomberg) -- The high season for summer travel has been abysmal for European airline shares so...
Analysis-EU's airline deal demands fuel doubts over further attempts
StreetInsider· 3 days agoWhile the deal expands Lufthansa's footprint in the lucrative southern European market, the combined group will have to cede some routes and slots to rivals ...
Aer Lingus industrial action causing hundreds of cancellations– what does it mean for your flight?
The Independent via Yahoo Canada News· 4 days agoFor European destinations, the options include Ryanair and Continental carriers such as Air France...
ITA performance ahead of business plan: Spohr
FlightGlobal· 4 days agoItalian carrier ITA Airways is performing ahead of the business plan drawn up last year as Lufthansa Group prepares to take a stake in the airline. In...
Lufthansa gets EU antitrust approval to buy €325-million stake in Italy’s ITA Airways
The Globe and Mail· 4 days agoLufthansa CEO Carsten Spohr told a news conference in Rome that ITA’s Fiumicino airport hub gave the...
Factbox-The flight path of Airline M&A since 2001
Reuters via Yahoo Finance Canada· 4 days agoThe deal, however, is called off in 2024 after a U.S. judge blocked it on...been looking to find a private investor to take it over from the government....
Lufthansa aims to close ITA deal in fourth quarter
FlightGlobal· 5 days agoLufthansa Group expects to close its deal to acquire a 41% stake in ITA Airways in the fourth quarter after securing conditional European Commission...
Lufthansa secures conditional regulatory clearance for ITA deal
FlightGlobal· 5 days agoLufthansa Group has secured approval from the European Commission for its proposed progressive...
The Wings Club Foundation Announces Carsten Spohr as Its 2024 Distinguished Achievement Award...
Financial Post· 5 days agoAfter graduating with a degree in industrial engineering from the University of Karlsruhe, Mr. Spohr obtained a commercial pilot’s license at the Lufthansa Flight Training ...