No more Lufthansa and its partner MSC. The future of the company ITA Airways is heading towards Air France KLM and the offer made alongside Certares and Delta. The Italian Ministry of the Economy and Finance made this official on 31 August : " following the procedure governed by the Prime Ministerial Decree of 11 February 2022 for the transfer of control of ITA S.p.A., the exclusive negotiations will begin today with the consortium formed by Certares Management LLC, Delta Airlines Inc. and Air France-KLM S.A., whose bid was judged to be most in line with the objectives set by decree of the Prime Minister ". However, the...
No more Lufthansa and its partner MSC. The future of the company ITA Airways is heading towards Air France KLM and the offer made alongside Certares and Delta. The Italian Ministry of the Economy and Finance made this official on 31 August : " following the procedure governed by the Prime Ministerial Decree of 11 February 2022 for the transfer of control of ITA S.p.A., the exclusive negotiations will begin today with the consortium formed by Certares Management LLC, Delta Airlines Inc. and Air France-KLM S.A., whose bid was judged to be most in line with the objectives set by decree of the Prime Minister ". However, the process has yet to be finalised. The Italian authorities state that " At the end of the exclusive negotiations, binding agreements will only be signed if their content is fully satisfactory to the public shareholder. ".
He was in Paris last May, Pierfrancesco CarinoVice President International Sales, was content to say: " The objective is to develop our strategy and to have synergies with a strategic partner ". Synergies that ITA Airways could well find with Air France KLM, the former airline's long-standing partner. Alitalia...
The Franco-Dutch group did not fail to point out in the afternoon that " Air France-KLM has a long-standing relationship with ITA and previously with Alitalia" . He assures us that he " wishes to strengthen its links with ITA, building on the existing commercial partnership between the companies ". But while the Group expects that if negotiations are successful, " Air France-KLM to become a commercial and operational partner of the Italian airline, as part of the consortium led by Certares "It states: " At this stage, Air France-KLM is not investing in ITA's capital. However, in the medium term, the Air France-KLM group could consider taking a stake in ITA. minority shareholding in ITA ". To be continued...
