Lufthansa Places Risky Bid For ITA Airways

ITA Airways

The key to ITA's turnaround will be fast revenue growth. 

Credit: joepriesaviation.net
Lufthansa’s daring bid for Italy’s ITA Airways could be the first move in a new round of consolidation among European airlines. Possibly next on the list: TAP Portugal. Lufthansa Group submitted its long-awaited offer for ITA Airways to the Italian government on Jan. 18. It plans to take an initial...

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