Frankfurt - Delayed Quote • EUR Deutsche Lufthansa AG (LHA.F) Follow Compare 5.95 -0.00 (-0.07%) As of 1:32:41 PM GMT+1. Market Open. All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Lufthansa Group Acquires 41% Stake in ITA Airways in $353 Million Deal ITA Airways joins Lufthansa, SWISS, Austrian Airlines, and Brussels Airlines as part of the Lufthansa Group's network. An Intrinsic Calculation For Deutsche Lufthansa AG (ETR:LHA) Suggests It's 21% Undervalued Key Insights The projected fair value for Deutsche Lufthansa is €7.30 based on 2 Stage Free Cash Flow to Equity... Lufthansa Finalizes Deal for 41% Stake in Italy’s ITA Airways (Bloomberg) -- Deutsche Lufthansa AG completed the acquisition of a minority stake in Italian carrier ITA Airways late on Friday after first making an offer for its competitor in January 2023. Most Read from BloombergHow Sanctuary Cities Are Preparing for Another Showdown With TrumpNYC Commuters Get New Way to Dodge Traffic: $95 Helicopter RidesWhat LA’s Fires Mean for the City’s Housing ShortageScaramucci, Ackman Donate to Whitney Tilson’s NYC Mayoral RunDeadly Landslide of Garbage Displays Uga German Lufthansa closes deal to acquire 41% of ITA Airways, gaining full control by 2033 Germany's Lufthansa Group on Friday finalized its acquisition of Italian airline ITA Airways, closing a long period of uncertainty for Italy’s former flagship carrier. Under the 325-million-euro ($350 million) deal, Lufthansa takes an initial 41% stake in ITA, formerly Alitalia, from the Italian government, gaining full control by 2033 with a total investment of 829 million euros. This deal was originally announced in May 2023 and was approved by the European Commission following a year-long investigation and with conditions to protect competition. EU to order Lufthansa to restore Condor's access to its short-haul network BRUSSELS (Reuters) -The European Commission told Lufthansa on Wednesday it would order the German flag carrier to reinstate charter airline Condor's access to Lufthansa's short-haul network to feed Condor's Frankfurt-New York route. The expected interim measure is part of the Commission's investigation into the joint venture between Lufthansa, United, and Air Canada, which the EU executive believes may restrict competition for Frankfurt-New York flights. The Commission said Lufthansa should reinstate arrangements agreed in June 2024 that provided feeder traffic to Condor to and from Frankfurt, but ceased to apply in December. Lufthansa CEO expects Italy's ITA to boost profits by hundreds of millions, FAZ reports Lufthansa expects its planned stake in Italy's ITA Airways to increase the German flagship carrier's profits by hundreds of millions of euros in the coming years, Chief Executive Carsten Spohr told the FAZ newspaper in an interview published on Monday. The German airline is set to acquire 41% of ITA, the successor airline to bankrupt Alitalia, for 325 million euros ($335 million) on Jan. 13, a source familiar with the situation told Reuters last week, bringing to a close years of talks. "Without the prospect of a contribution to earnings in the three-digit million range, we would not have taken this step," Spohr said about Lufthansa's acquisition. Lufthansa to acquire stake in Italy's ITA next week, source says BERLIN (Reuters) -Lufthansa is set to acquire a stake in Italian state-owned airline ITA on Jan. 13, a source familiar with the situation told Reuters on Wednesday, bringing to a close years of talks. DPA news agency first reported on the date, which Lufthansa CEO Carsten Spohr announced at an employee event, according to the report. A Lufthansa spokesperson declined to comment on the specific date and reiterated that the acquisition was expected to close in early 2025. Deutsche Lufthansa Plans to Hire 10,000 Employees in 2025 Deutsche Lufthansa plans to hire around 10,000 people this year with more than half of the hiring to take place in Germany. The German airline group said it would push to hire more than 2,000 flight attendants, more than 1,400 staff for ground operations and around 1,300 technical experts. It added that it was also seeking around 1,200 employees for administrative roles and around 800 new pilots. Chinese airlines rush into Europe as western carriers retreat China’s three biggest state-owned airlines are rapidly expanding routes and capacity to Europe as their ability to fly over Russian airspace... Investors in Deutsche Lufthansa (ETR:LHA) have unfortunately lost 41% over the last five years The main aim of stock picking is to find the market-beating stocks. But in any portfolio, there will be mixed results... Swiss Airbus Jet Makes Emergency Landing in Austria One crew member was in intensive care after engine problems and smoke in the cabin and cockpit forced the landing, the airline said. Analysis-To Europe's economic malaise, add a leadership void France and Germany's political crises are a setback for efforts to modernise Europe's struggling economy and are already making it harder for companies to take the investment decisions they need to compete globally. Government collapses in Germany and France - the big two economies that for decades have powered the European Union - come just as the region must navigate the return of Donald Trump to the White House and mounting trade tensions with China. From French cognac-makers facing Chinese duties to German component manufacturers awaiting clarity on Europe's industrial strategy for electric vehicles, the timing could not be worse. At €6.34, Is Deutsche Lufthansa AG (ETR:LHA) Worth Looking At Closely? Deutsche Lufthansa AG ( ETR:LHA ), might not be a large cap stock, but it saw a decent share price growth of 12% on the... Lufthansa partners with FinMont Lufthansa will integrate FinMont’s payment orchestration platform into its global payment system, helping streamline B2B payment processes Lufthansa takeover of Alitalia nearing completion After a dispute with the EU commission, the two airlines are on their way to finalize the long-awaited deal. Alitalia will lay off over 2,000 remaining employees as liquidation nears Italy’s former national carrier Alitalia has started procedures for the collective dismissal of its remaining 2,059 employees, its administrators told unions. The move comes as the successor to bankrupt Alitalia, ITA Airways, faces hurdles in its merger plans with German Lufthansa. According to Italian media reports, merger talks stalled after the Italian Economy Ministry refused Lufthansa’s suggestions to adjust the price for a 41% stake in ITA Airways. Lufthansa Cargo bolsters China partnerships as trade grows Lufthansa Cargo is helping Shanghai Pudong airport improve cargo operations and signing capacity agreements with Chinese air cargo and postal operations. The post Lufthansa Cargo bolsters China partnerships as trade grows appeared first on FreightWaves. Italy puts ITA-Lufthansa deal on hold due to price dispute, sources say ROME/FRANKFURT (Reuters) -Italy's Treasury has put on hold the sale of a minority stake in ITA Airways to Lufthansa because of a dispute with the German carrier over the agreed price, two sources familiar with the matter said on Tuesday. An Italian source said the Treasury would not "undersell" ITA. Lufthansa in July won EU antitrust approval to buy 41% of state-owned ITA, the successor airline to bankrupt Alitalia, for 325 million euros ($354 million), in a deal designed to boost its presence in the lucrative southern European market. We Think That There Are More Issues For Deutsche Lufthansa (ETR:LHA) Than Just Sluggish Earnings Last week's earnings announcement from Deutsche Lufthansa AG ( ETR:LHA ) was disappointing to investors, with a... Is Deutsche Lufthansa (DLAKY) Stock Undervalued Right Now? Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. Performance Overview Trailing total returns as of 1/22/2025, which may include dividends or other distributions. Benchmark is DAX P Return LHA.F DAX P YTD -4.09% +7.05% 1-Year -14.54% +28.74% 3-Year -9.69% +36.59%