Under the €325-million ($350-million) deal, Lufthansa takes an initial 41 per cent stake in ITA, formerly Alitalia, from the Italian government, gaining full control by 2033 with a total investment of €829-million. The remaining 59 per cent will initially continue to be held by the Italian Treasury.

Germany's Lufthansa announced on Friday that it has taken the first step towards a takeover of Italy's state-owned ITA Airways by completing an approved capital increase of €325 million ($334 million).

ROME — Germany's Lufthansa Group on Friday finalized ... Lufthansa takes an initial 41% stake in ITA, formerly Alitalia, from the Italian government, gaining full control by 2033 with a total ...

German Lufthansa Closes Deal to Acquire 41% of ITA Airways, Gaining Full Control by 2033 ROME (AP) — Germany's Lufthansa ... formerly Alitalia, from the Italian government, gaining full control ...

German Lufthansa Group has finalized its acquisition of Italian airline ITA Airways, closing a long period of uncertainty for Italy’s former flagship carrier.

His comments to the hard-right Alternative for Germany party escalated efforts by the billionaire to influence the country’s election for chancellor next month. By Jim Tankersley and Christopher F.

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The Boeing 747 is one of the world’s first wide-body Jumbo Jet, and the dynamic canvas of many special liveries.

ProtectMyHoliday.com won't insure trips with airlines that are known to be at risk of going under, such as Alitalia at the moment. And at £5 for up to 30 days' cover, the policy is expensive ...