MSC, Lufthansa eye ITA Airways stake
Cruise company MSC and German carrier Lufthansa are interested in buy a majority stake in Italy-based ITA Airways. They have requested an exclusivity period of 90 days to consider.
The airline, which was formed out of defunct Alitalia is actively seeking an equity partner. It has already held initial talks with other companies. According to Reuters, Lufthansa is keen to buy 40% in ITA Airways.
TravelMole Editorial Team
Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
Dozens fall ill in P&O Cruises ship outbreak
Turkish Airlines flight in emergency landing after pilot dies
Unexpected wave rocks cruise ship
Woman dies after going overboard in English Channel
Foreign Office issues travel advisory for winter sun destinations