The merger between Ita Airways and Lufthansa has finally been completed. This was confirmed by the European Commission, which gave the green light to the operation that would gradually bring the Italian company under the control of the German company. Four hours after the end of his natural term, the outgoing EU executive approved the […]
Tag: Ita Airlines
EU slows down deal between ITA and Lufthansa: routes at risk
It’s not a complete failure, but the road to the joint acquisition of airline Ita by Germany’s Lufthansa and the Italian state is certainly an uphill one. If the operation is given the green light, it could lead to painful cuts to routes between Italy and Central Europe and the sale of some slots at […]
Dear flights, “discounts” up to 50% for residents of Sicily: how to do it
Residents of Sicily who travel to the island by plane from Rome or Milan will be able to request a (partial) refund of the ticket fee. Sicily Region’s “SiciliaPei” platform has become operational. Who can benefit from the discount launched to combat the phenomenon of high flight prices during holidays and how does it work? […]
Ita Airways: Only Brussels approval is now missing for the deal with Lufthansa
We were one step away from celebrating the long-awaited wedding. The concentration operation, which involved the entry of Lufthansa’s Ita Airways into the capital, was officially reported to the European Commission’s Directorate-General for Competition this afternoon. In this context, the German airline will purchase 41% of Ita’s shares for 325 million euros within the scope […]
1200 new staff on the way at Ita Airways thanks to the agreement with Lufthansa
Finally, the long-awaited wedding was celebrated. Economy Minister Giancarlo Giorgetti and Deutsche Lufthansa CEO Carsten Spohr met at Mef today to confirm the signing of the agreement between Ita Airways and the German company.Lufthansa has bought a minority stake (40%) in the Italian company and the company is for this year. He shared his industrial […]
EU judges reject 6 billion aid to Lufthansa (already refunded to state)
The EU General Court has annulled the decision of the European Commission, which approved the recapitalization of Germany’s Lufthansa for 6 billion euros in the context of the Covid-19 outbreak. Two rival airlines, Ryanair and Condor, had objected to the maxi subsidy. According to Luxembourg judges, the European executive “made several mistakes”, notably believing that […]
Ita Airways and Lufthansa: Shutdown delayed?
The countdown has begun for the Lufthansa operation of Ita Airways, the new 100% state-owned Italian airline, born from the ashes of Alitalia. Today, the first step towards the privatization of the company should be taken with the transfer of 40% of MEF shares to the German airline. However, there are still some uncertainties regarding […]
EU compels government to buy back 400 million from old Alitalia
Italy will have to reclaim 400m euros from the former Alitalia. This is what the European Commission established in 2019, which found the bridge loan granted by the then Conte government illegitimate. Therefore, a request was made to Rome to recover the expected amount, including interest accrued in the meantime. Brussels, in its official investigation, […]
There will be no Ita workers’ strike
Ita Airways’ strike is lifted. The airline’s staff, born from the ashes of Alitalia, will begin regular operations on February 28. This was announced by the unions after the signing of the agreement to raise the salary of airline employees. The agitation was invoked last February 10, when the company-worker negotiation seemed to have stalled. […]
No Italy-union agreement on wages: strike triggered
Black smoke in the negotiations between Ita Airways, a new company born from the ashes of Alitalia, and the unions: no agreement on salaries. Company employees go on strike for four hours. The date is February 28. The meeting at the Ministry of Labor concluded on Friday afternoon with a “report of no agreement” between […]