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Airline Weekly
Italy's state-owned ITA Airways is looking more and more like perennial loss-maker Alitalia every day.
3 days ago
News Blog
The Lufthansa Group has made an offer to buy a 40 percent stake in Italy's state-owned ITA Airways, it said Wednesday. The bid comes after a multi-year process, or "beauty contest" as it has been called, to find a strategic partner for ITA, and a dramatic change of fortune for Lufthansa after being counted out…
Edward Russell | 2 months ago
The Italian government is ready to wrap ITA up in a Christmas bow for Lufthansa.
3 months ago
European aviation is on its way to looking more like the U.S. market, with Ryanair as the low-cost leader — obviously — as Ryanair Group CEO Michael O'Leary sees it.
5 months ago
Airlines
Air France-KLM wants to become the go-to airline in southern Europe with a deal for ITA, and maybe one for TAP.
Edward Russell | 5 months ago
European consolidation got a leg up last week, but not in the way many expected: Italian authorities named the offer from private equity firm Certares with Air France-KLM and Delta as their preferred bidder for ITA Airways instead of frontrunner the Lufthansa Group.
7 months ago
Air France-KLM and Delta are poised to win the contest for ITA Airways. The deal would give them a key edge in the important Italian market.
Edward Russell and Jay Shabat discuss Lufthansa's history of acquisitions and expansion, and what a potential ITA Airways deal could mean for the group.
Two dueling bids are in for ITA Airways but CEO Fabio Lazzerini is quiet on what direction he sees the Italian government going with the privatization of the airline. Lufthansa and MSC Global, and Certares, Delta and Air France are anxiously awaiting.
9 months ago
Lufthansa and MSC have already expressed an interest in taking an equity stake in the successor company to Alitalia, but other suitors could yet emerge.
Giuseppe Fonte, Reuters | 1 year ago