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Listen to the applause. The fat lady has sung. ITA has joined the LH family.

From AVIONEWS We are 24 hours away from the Brussels green light for the ITA-Lufthansa marriage and the two newlyweds are preparing to tie the knot. July 3 is set as the date on which the European Competition Commission, led by Margrethe Vestager, should officially authorize the operation. In detail...

Last week I visited Brussels via Charleroi. I found the airport difficult to navigate and very badly signposted. Then I had to stand in line for over an hour to get on the Flibco bus to Midi. Luckily my stay in the city was a great round of beer, moules fritres and surrealist art. The bus back to th...

Run this article from today's Il Sole 24 Ore through Google Translate to see the latest on ITA
https://amp24.ilsole24ore.com/pagina/AEnOUBXD
It looks like the fat lady is ready to sing

Press Release from ITA: Rome, 30 March 2023 – The Board of Directors of ITA Airways has approved the business plan already shared with Deutsche Lufthansa AG. Carsten Spohr said yesterday at the A4E Aviation summit in Brussels that the last issue to be resolved was ITA's valuation, suggesting that al...

Now there is talk of LH offering only 200 million Euros for 40% of ITA. Also for tickets which combine train and plane.

LH are said to have offered 250-300 million euros for 40% of ITA. The exact figure to be decided according to the value of ITA on the day the deal is signed.

Lufthansa is frightened by the more than 1,147 labor lawsuits hanging over IIT's head. These are the lawsuits that - between Rome, Milan and some foreign courts - Alitalia employees on redundancy payments have brought. People determined to be hired by the new Italian carrier (which is ITA, in fact)....

The word on the Via is; Lufthansa is ready to take over a stake of between 40 and 49% of ITA Airways and then increase it at a later time. The Germans could therefore immediately evaluate the performance of the airline, while the Government would maintain control of the carrier. For 40% of ITA, Luft...

One of the things offered by LH today: Rome Fiumicino would have a strong role for connections with Africa (coordinating with Brussels, which already oversees these routes) Others include: - a greater presence on the rich North American market (thanks to the United partner); - strong integration wit...

An LH delegation will be in Rome tomorrow and Tuesday to get more information on some aspects under observation since November 16, the day they entered the data room. The meetings will have three major themes. The first: the airline's finances, which have deteriorated and which have led the value of...

Tomorrow evening yet another deadline expires for the submission of offers for the privatization of ITA Airways. The two consortiums (MSC-Lufthansa and Certares) are refining and defining the offers that they will present by tomorrow evening 22-8-2022 at 23:59. MSC and Lufthansa want to take over 80...

Ryanair boss O'Leary says the era of €10 flights is over

https://www.bbc.com/news/business-62495846

https://www-corriere-it.cdn.ampproject.org/c/s/www.corriere.it/economia/aziende/22_agosto_11/ita-airways-1-semestre-260-milioni-pesano-costo-petrolio-l-assenza-un-alleanza-79c6ca06-18e2-11ed-a928-dd18874affa6_amp.html According to this article in today's Corriere, ITA lost 260 million Euros in the ...

Hungarian Prime Minister Viktor Orban said that large companies ranging from energy to airlines will have to turn over their “extra profit” to shore up the nation’s ailing budget.
Will this affect Wizzair?

The Italian government has decided to sell 100% of ITA.

KLM is suffering strikes and is expecting an increase of AMS operational fees by a total of 37% over the next three years.
Maybe we will see a gradual transfer of planes to AF and a slow decline of KLM.

Leonard Berberi writes it on Corriere.it at the link: https://www.corriere.it/ economy/aziende/22_marzo_11/ita-airways-arriva-proposta-indigo-partners-il-fondo-wizz-air-98a467ce-a0da-11ec-83b4-cf7e2400b5e9.shtml Indigo Partners, the fund that has interests in many low cost airlines: Wizz, Frontier A...

The future of Ita could again be, as in the past, a battle between Lufthansa and Air France-KLM, albeit alongside other entities such as the Swiss MSC and the American Delta.

Could ITA, and LH group, be getting into a new business model?