• 55
  • 10
  • Favorite

Delta Air Lines says company has no plans to invest in ITA Airways

Reuters2022-01-13

CHICAGO, Jan 13 (Reuters) - Delta Air Lines Inc on Thursday said it has no plans to invest in Alitalia's successor ITA Airways.

The Italian carrier is looking for an equity partnership and has started informal talks with some potential partners, both in Europe and overseas.

Sources close to ITA Airways told Reuters that the Italian carrier has been in contact with Germany's Lufthansa , British Airways and Delta Air, adding that formal talks could start by the end of March.

Last month, Delta launched a reciprocal codeshare agreement with ITA Airways. In an interview Chief Executive Ed Bastian said the U.S. carrier is working on the codeshare relationship.

"We have no plans to invest in them," Bastian told Reuters in an interview.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment10

  • CYK1955
    ·2022-01-13
    Ok
    Reply
    Report
  • JiaocyTi
    ·2022-01-13
    666
    Reply
    Report
  • Spaclover
    ·2022-01-13
    T
    Reply
    Report
  • Gladys80
    ·2022-01-13
    👍
    Reply
    Report
  • Magdalene89
    ·2022-01-13
    Latest
    Reply
    Report
  • Gaik11
    ·2022-01-13
    Okay
    Reply
    Report
  • DoubleClick
    ·2022-01-13
    [Cool] 
    Reply
    Report
  • fluttershy
    ·2022-01-13
    Like
    Reply
    Report
  • jason90
    ·2022-01-13
    Ok
    Reply
    Report
  • iisterry
    ·2022-01-13
    Like and tp
    Reply
    Report
 
 
 
 

Most Discussed

 
 
 
 
 

7x24

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email:uservice@ttm.financial