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ITA's finances improving, all set for Lufthansa deal

Italy's ITA Airways is heading for a full-year profit and is in good financial shape for a planned tie-up with Lufthansa which can yield significant synergies, the Italian carrier's chairman Antonino Turicchi said in a newspaper interview today.
Business • 20 Nov 24

ITA Airways cut net loss to only €5m in 2023

ITA Airways posted a 2023 net loss of only €5m, a strong improvement from the year before, and revenues of €2.4 billion amid an increase in the flights it operates, the company said today.
Business • 27 Mar 24

ITA and Lufthansa bosses meet ahead of possible sale

ITA Airways Chairman Antonino Turicchi met Lufthansa chief executive Carsten Spohr this week as Italy's government aims to sign a preliminary agreement for the sale of the Italian carrier by the end of the year, Corriere della Sera reported today.
Business • 09 Dec 22

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