German Lufthansa Group has finalized its acquisition of Italian airline ITA Airways, closing a long period of uncertainty for Italy's former flagship carrier.

Germany's Lufthansa Group has completed its long-sought acquisition of Italian carrier ITA Airways, finalising on 17 January its acquisition of a two-fifths stake in the company.

Germany's Lufthansa Group is set to resume flights to and from Tel Aviv in Israel from Feb. 1 and Wizz Air restarted its London to Tel Aviv route on Thursday, the companies said following a ceasefire agreement between Israel and Hamas.

Germany's Lufthansa announced on Friday that it has taken the first step towards a takeover of Italy's state-owned ITA Airways by completing an approved capital increase of €325 million ($334 million).

Germany's Lufthansa Group is to resume flights to Israel in February, the company said on Thursday, one day after a ceasefire deal in Gaza was announced by mediator Qatar. The group's flights between Germany and Tel Aviv's Ben Gurion Airport,

Germany's Lufthansa airline group will resume flights to Tel Aviv next month, the company said Thursday, a day after Israel and Hamas announced a Gaza ceasefire and hostage-prisoner exchange agreement.

Germany's Lufthansa airline group will resume flights to Tel Aviv next month, the company said Thursday, a day after Israel and Hamas announced a Gaza ceasefire and hostage-prisoner exchange agreement.

Lufthansa plans to add 10,000 jobs in 2025, the German airline group has said, as global air traffic continues to recover following the Covid-19 pandemic.

Germany's Lufthansa is aiming to recruit around 10,000 people across the group in 2025, while measures to cut costs at its struggling core airline continue this year, the company said on Wednesday.

Deutsche Lufthansa said more than half of the hiring is to take place in Germany.

The Lufthansa Group has announced it will recruit a further 10,000 new employees in 2025 as the airline group continues to focus on its ‘Turnaround’ efficiency program. The program was launched in 2024 to reverse the fortunes of the airline group following multiple industrial disputes over the past two years that severely dented the Group’s finances and growth plans.

Under the €325-million ($350-million) deal, Lufthansa takes an initial 41 per cent stake in ITA, formerly Alitalia, from the Italian government, gaining full control by 2033 with a total investment of €829-million. The remaining 59 per cent will initially continue to be held by the Italian Treasury.