Lufthansa Cargo’s Post

What's New to TheStreet... ✈️ Lufthansa's stake in ITA Airways gets conditional EU approval! This move boosts Lufthansa’s access to ITA’s domestic network, tapping into Italy’s prime travel market. 💬 What do you think of this strategic decision? Share your views below! ⬇️ 👉🏻Follow New To The Street for more! #lufthansa #ITAairways #aviationnews #travelindustry #businessnews #business #news #newtothestreet

What's New to TheStreet... ✈️ Lufthansa's stake in ITA Airways gets conditional EU approval! This move boosts Lufthansa’s access to ITA’s domestic network, tapping into Italy’s prime travel market. 💬 What do you think of this strategic decision? Share your views below! ⬇️ 👉🏻Follow New To The Street for more! #lufthansa #ITAairways #aviationnews #travelindustry #businessnews #business #news #newtothestreet

🌐✈️ Exploring Lufthansa's little operational landscape at BER Airport 🏢🇩🇪 📊The latest political briefing of Germany's biggest carrier tries to give insights why LH does not serve any longhaul destinations from this €10 billion capital airport. 🤔🔍 🌏 While TATL flights are depicted on the graph, the current eastward routes to Beijing, Doha, Dubai, and Singapore present an absence of Lufthansa's briefing. This raises strategic questions about the airline's role in enhancing connectivity to and from Berlin. 🇩🇪🤝 Lufthansa faced challenges in Berlin in the past—recall Lufthansa Berlin, dumping longhaul ops, Eurowings Berlin, among other instances. However, the past does not dictate future success, as demonstrated by the achievements of airlines such as Qatar Airways, United Airlines, Scoot, Hainan Airlines, and Norse Atlantic Airways in the same market. Success is attainable for those who adapt and innovate. The full briefing can be found in the comments below. 💬🌐 #AviationStrategy #ConnectivityMatters #LufthansaOperations 🛬🌐

🌟 Exciting Update 🌟: The @EU Commission has given the green light, and ITA Airways will soon become part of the Lufthansa Group family, and the Star Alliance. ✈️🌍 The legal closing is expected to be finalized in the fourth quarter of 2024. Until then, ITA Airways and Lufthansa Group will continue to operate as competitors. We will share more details as soon as the formalities are fully completed. 📝🔜 We are preparing for a joint take-off and planning to collaborate closely on various initiatives, including lounge access, loyalty programs, customer service, and airport touchpoints. 🛫🤝 #AviationNews #LufthansaGroup #ITAAirways #ExcitingTimes #Travel #AviationIndustry #Collaboration #CustomerExperience #LoyaltyPrograms #AviationFamily #CorporateNews #lufthansagroupeastafrica

The #EU Commission has approved #Lufthansa s investment in the state-owned Italian airline #ITA Airways (ITA). Although the #airline is currently performing well, its long-term existence as an independent entity is “highly uncertain” without this transaction. The EU Commission also stated that approval is contingent upon the airlines fulfilling conditions to safeguard competition. After years of endeavour, Lufthansa has finally achieved its goal of expanding in Italy, its second most important market after the U.S.A. ITA, which emerged from the chronically loss-making state-owned airline #Alitalia four years ago, has been reorganised and downsized. It will become the seventh airline subsidiary outside #Germany to benefit from Lufthansa's extensive network. At the end of May 2023, Lufthansa agreed with the Italian government to purchase an initial 41% stake in ITA for €325 million. Options for a full take-over at a later date were also agreed upon.

Rocketship Tromsø has liftoff! Compared to November 2019 numbers, the growth in international passengers to the Northern Lights capital has doubled in 2023, possibly through a combination of new direct routes and the strongest aurora borealis in decades✨✈️ November was even a strong month for international traffic to Norway in general, with a six percent increase in foreign passengers compared to 2022. Domestic passenger volume increased by one percent in the same period – but at six percent behind 2019, it’s safe to say that foreign visitors saved the day. Austrian Airlines, Lufthansa, Norwegian, Wizz Air, Eurowings, Finnair, SAS - Scandinavian Airlines, Edelweiss Air AG, Air France, Transavia

ITA Airways Newsletter - ITA Airways and Croatia Airlines Expand Codeshare Agreement, and other news ITA Airways and Croatia Airlines are pleased to announce the expansion of their codeshare agreement. This strengthened collaboration will further enhance travel options and connectivity for customers of both airlines between the two Countries. Click here to read more: https://cutt.ly/zekz3zjA #aviationonline #aviationindustry #aviationnews #travelindustry #airlineindustry

BREAKING: Lufthansa amends ITA Airways deal in bid for EU approval Lufthansa is advancing its plan to acquire a significant stake in ITA Airways, with adjustments made to gain EU regulatory approval. The European Commission has extended the deadline to the 29th of January. Key Points: -Lufthansa's revised bid for 41% of ITA Airways, potentially leading to full ownership. - The European Commission will now seek feedback from rivals and customers before deciding whether to accept the concessions. Lufthansa's Aviation Dominance: - Lufthansa owns Austrian Airlines, Swiss International Air Lines, Brussels Airlines, and Eurowings. -The group also operates several aviation businesses, including Lufthansa Technik and LSG Sky Chefs. Implications for the Aviation Sector: This merger could reshape European airline connectivity, balancing growth with fair competition. 🔍 To stay up-to-date with the latest regulatory developments in aviation, follow MLex Market Insight, a LexisNexis company, or contact me to schedule an initial consultation. #Lufthansa #ITA #AirlineIndustry #EuropeanCommission #MergerAndAcquisition #BusinessStrategy #AviationNews #TravelIndustry #EURegulations #AirlineMerger #GlobalAviation

Spotlight on #Italy this week, where Ryanair - Europe's Favourite Airline operates on average 317 flights per day on 111 routes across the country. ITA Airways, Italy's original national carrier, operates just 25 routes, primarily serving the nation's biggest cities of Rome, Naples, Catania and Cagliari. The frequency on these routes averages 4 flights per day, thus #Ryanair offers Italians a far greater choice of domestic routes. Deirdre Fulton looks at the Italian aviation market in her recent OAG blog, and considers outcomes if limiting air journeys of 2-3 hours or less expands further and the opportunities for #LCCs in Europe. https://lnkd.in/e6njw4Be