Articles tagged “ita airways”

Air France-KLM wants to become the go-to airline in southern Europe with a deal for ITA, and maybe one for TAP.

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.

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.