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TAP for sale: another Air France-KLM – Lufthansa duel?

The Portuguese government intends to privatize TAP fairly quickly and once again, as in the case of ITA, we will probably see a confrontation between Air France-KLM and Lufthansa. TAP Facing major financial difficulties, the Portuguese company was nationalized in 2020...

COVID aid to airlines: the “good” accounts of the German government

During the pandemic, airlines were massively supported by governments, especially in Europe. This has sometimes been criticized by a part of the public opinion opposed to air transport or simply opposed to state interventionism. But the German case shows that...

Air-France KLM buys ITA Airways: a Pyrrhic victory?

Against all expectations, Air France-KLM was chosen to enter into exclusive negotiations for the purchase of ITA Airways. A decision that we find rather disturbing. A choice more political than economic We presented the different offers in a previous article and...

Sale of ITA Airways: an economic or political choice?

The deadline for applications for the takeover of ITA Airways has passed and the two contenders are now known: Air France-KLM and Lufthansa Group. A decision should be made by the end of the month and an agreement signed...

Air France KLM raises funds, ready to buy ITA

We wrote last week that Air France-KLM was very active on the financial scene in order to reduce its debt and, above all, torepay the state aidreceived to get through the COVID crisis. This is how CMA GM became a...

Air France-KLM : looking for partners and fresh cash

Air France is currently very active on the financial partnership scene. The reason for this is twofold: to forge new industrial partnerships and to reduce its debt, particularly with respect to the State, with the possibility of buying out...

The first A350 in ITA livery leaves the Airbus factory

The A350 will be the flagship of the new ITA, the successor to Alitalia, and the very first aircraft for the transalpine airline has just rolled off the Airbus production line. Like Alitalia, it retains the colors of the Italian...

Who will buy ITA from the Italian government?

The process of selling ITA, the airline created from the ashes of the defunct Alitalia and owned by the Italian government, has begun and should be completed in the next few months or weeks. Except in the event of...

ITA ready to fall into Lufthansa’s arms?

Just over 6 months after its birth from the ashes of Alitalia, ITA is looking for capital partners, and one of them could be Lufthansa. Where the new Italian airline seems to be reconnecting with its ancestor's past. What is...