MSC goes in for majority stake in ITA, telling ‘the Germans’ to settle for minority share January 27, 2022 Shipping giant MSC has made clear it wants a majority stake in the takeover of Italian airline and Alitalia successor ITA Airways, leaving Lufthansa with a minority share of the company. “The most important thing for us is to have a majority share in ITA Airways. The Germans can come in as a commercial partner [...]
Lufthansa mulls over participation in MSC acquisition of Alitalia’s successor ITA January 25, 2022 German carrier Lufthansa is reportedly deciding whether to participate in the acquisition of Italian airline and Alitalia’s successor ITA with shipping giant MSC. Lufthansa confirmed to Reuters it was in talks with the Swiss shipping company to become a partner in the deal. “We will use the next 90 days to explore all possible options [...]
Lufthansa chief executive: After Covid-19 airfares will surge October 4, 2021 Lufthansa’s chief executive has said ticket prices will soar as a result of air travel recovering from the pandemic. Lufthansa chief executive Carsten Spohr has warned that airfares will surge, with passengers paying the pandemic’s economic price. As reported by the Daily Telegraph, Spohr believes that before the pandemic plane tickets were too cheap and, [...]
