FlyerTalk Forums - View Single Post - ITA Airways finally listed as Flying Blue Partner - with a twist
Old May 25, 2023 | 1:59 pm
  #90  
schlegfr
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Case closed!

Originally Posted by irishguy28
Lufthansa has, as expected, submitted an offer for an initial acquisition of a minority stake as well as on options to purchase the remaining shares at a later date. Their goal is "the commercial and operational integration of ITA into the Lufthansa Airline Group"


https://www.lufthansagroup.com/en/ne...ke-in-ita.html
Or almost closed...

Here we are, according to our favorite forum...

https://www.flyertalk.com/articles/l...&utm_campaign=

"German aviation conglomerate Lufthansa Group will take a 41% stake in Alitalia’s successor, ITA Airways"
"Under the new agreement with Lufthansa Group, ITA Airways will become the fifth network carrier of the German company."
"The German company also notes that “ITA can benefit from synergies of the Group, such as access to the partner network, central revenue management and the use of Lufthansa Group’s global sales and marketing channels.”
"It is unclear if this means ITA will leave the SkyTeam alliancefor Star Alliance or adopt Lufthansa’s Miles & More loyalty program."

Fred

Last edited by schlegfr; May 25, 2023 at 2:05 pm
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