Lufthansa reported a net loss of 734 million euros and an operating loss of 849 million in the first quarter of 2024. However, the company expects a sharp increase in demand for the summer. And the stock goes down
In all Italian airports on Friday 9th the ground and airport staff stop in protest, with an expected duration of up to 24 hours. Here is the list of canceled and guaranteed flights
From Brussels the Antitrust moves to "phase two" for an "in-depth investigation". The fears: "Do not reduce competition." The Mef: "Forward with determination"
The offer of the German company on Italian slots does not seem to satisfy Europe, paving the way for an extension of the ratings until June
The 24-hour protest concerns the main Italian airports, from Milan to Rome via Venice, Treviso and Florence. Here are all the details
The EU Antitrust wants to examine compliance with competition rules to avoid route concentrations by the German company. Giorgetti: “We're wasting time”
The extraordinary commissioners sent the letter initiating the collective dismissal of employees. Government-union summit on 7 December. Two possible options
The news of the notification implicitly means that a first compromise has been found with the Antitrust. At stake are the Milanese slots
Friday 24 November will be a new day of strikes in Italy. Above all, air transport is at risk. Demonstrations throughout Northern Italy
The Commission continues to request new documentation to complement the dossier. But in the background there is opposition from France which would not like Germany to take up more space. Furthermore, other European airlines are up for sale
Summer travel pushes the German airline's accounts: record revenues to 10,3 billion euros (+8%), profits to 1,19 billion (+47%) and an ebitda of 1,5 billion – Stock rallying in Frankfurt (+7,49%)
Iag, Lufthansa and Air France-KLM have already shown interest. The Airways-Lufthansa dossier on the table in Brussels
After the precept signed by Salvini, the unions moved the mobilization of local public transport to 9 October. However, the airline strike (including EasyJet and Ita) remains confirmed: here are all the details
A Friday of inconvenience is looming for those traveling by plane due to the strike of various sectors in the sector: Ita has already canceled 30 flights. Here's everything you need to know
The Board descends to directors pending the entry of Lufthansa which will have to appoint the managing director. Ouseley and Arrigo also exit
Only with the green light from the European Antitrust will the parties be able to sign the definitive contract: thus Lufthansa will be able to acquire 41% of Ita by paying 325 million euros as a capital increase
The Mef and Lufthansa confirm the agreement that will allow the Germans to acquire a minority stake in Ita - The plan envisages revenue growth of 2,5 billion for 2023 and 4,1 billion in 2027 - Central role…
After months of negotiations, the official signing of the agreement is expected on May 25th. Lufthansa will immediately buy 40% of Ita for 320 million. Within 2 years it will rise to 95%, leaving a guarantee stake to the Italian State
In the first three months, 22 million passengers were transported. Great confidence for the summer. On May 9, at the annual shareholders' meeting, presentation of the dossier for entry into Ita
The company: results in line with the start-up phase, 99% regularity of operations and 81% punctuality. Negotiations with Lufthansa continue
The loan had been given to Alitalia which no longer exists. Like the 900 million allocated in 2017-2018, this tranche must also be repaid with interest. In all there are more than 1,5 billion
Lufthansa doubles revenue and passengers as it benefits from sharp increase in demand for air travel after loss-making years of the pandemic. And the title runs in Frankfurt
Lufthansa and Ita Airways have signed two Memorandums of Understanding with FS to develop a multimodal mobility offer. Here are the details
According to reliable sources, Lufthansa "will buy 40% of Ita for an outlay of between 250 and 300 million euros". Probable signing within the summer
Furthermore, the Treasury warned that "further details on the ongoing discussion will not be disclosed"
As part of its "Climate and resilience" plan, France initiates the blocking of short flights, if the possibility of using the train exists for that same route. The EU Commission gives a partial green light for now. The…
Two days of selection in Rome and Milan - Looking for "new crew". Here's everything you need to know
After the misstep on the privatization of ITA, the discontinuity policy of the Meloni government risks shattering its credibility on economic policy by crippling the single Tim-Open Fiber network project
MSC's withdrawal from the Lufthansa consortium and the German plan to hire 20 workers in the Cologne airline, especially in Germany, make the battle for the privatization of ITA Airways more uncertain than ever
The MEF has renewed the Board: Turicchi temporary president for 10 months. Three new directors enter
CEO Lazzerini is also the only effective non-resigning member of the board. He should be entrusted with ordinary management pending the MEF appointing the new board which will have a reduced number of directors
The 6 board members of the Draghi era, who have been in conflict with the outgoing president for months, write to the Minister of Economy asking him to formalize his resignation and proceed with their replacement
The Mef reopens the tender on Ita Airways and removes the exclusivity of Certares. Mcc-Lufthansa is back in the game but Giorgetti could call other candidates
Energy, PA payments, ITA Airways and the 2023 Budgetary Planning Document. All the dossiers on the next government's table. Here are the analyzes of the Observatory on Italian Public Accounts
At the basis of the clash Altavilla's decision not to grant direct access to data on the profitability of the routes to all three members of the consortium led by Centares.
The six directors, those who resigned, would have requested the redistribution of the powers in the hands of the president Altavilla during the board meeting on Wednesday 12 October. Here's what's happening
Today the managers of Ita will meet a delegation of the favored consortium (Air France, Delta and Certares) – Time is running out: there is a risk of serious cash problems as early as December
While the German airline reaches an agreement with the unions, in Italy, after the summer franchise has expired, today the first air strike of the season is proclaimed. Ita Airways cancels some flights
Trenitalia, Italo and Ita offer discounts of up to 70% on ticket prices for the 5 million non-residents forced to return to their municipality of residence to vote in the elections on 25 September
A memorandum could be signed by September with the consortium preferred by the MEF, but it would not be binding: the final word will be up to the next government
The consortiums are working to make the offers "consistent" as requested by Draghi: there are 7 points to be clarified. Answers by August 22nd
The goal of the Ministry of Economy is to sign a preliminary agreement between June 13 and 17, to then conclude the deal by December
The logistics and cruise giant MSC and the German company Lufthansa have made an offer to the government to take over the controlling stake in Ita Airways - The answer is expected in a few days