(IN SHORT) Deutsche Lufthansa AG plans to increase its ownership stake in ITA Airways from 41 percent to 90 percent through the acquisition of an additional 49 percent shareholding valued at 325 million euros. The transaction, expected to close in the first quarter of 2027 pending regulatory approvals, represents a major step toward the full… Read the full news article
(IN SHORT) Qantas Group has extended its schedule adjustments into the first quarter of FY27 in response to ongoing geopolitical tensions, high fuel costs, and strong demand for European travel. The airline is increasing capacity on routes between Australia and Europe, including extending Perth to Rome services and maintaining key connections via Singapore, while reducing… Read the full news article
(IN SHORT) Air France-KLM’s Board of Directors has approved the nomination of Marjan Rintel for a second four-year term as President and CEO of KLM Royal Dutch Airlines following a recommendation from KLM’s Supervisory Board and Group CEO Benjamin Smith, with the Works Council now being consulted ahead of a final decision at the shareholders’… Read the full news article