Swiss WorldCargo names Lufthansa exec Alain Chisari as new chief
Swiss WorldCargo has finally named its new chief: Alain Chisari, a Lufthansa Group veteran. Swiss-Italian dual ...
DAC: REACTIONDAC: EARNINGS MISSHD: SOLID WTC: BACK UPGM: BEAUTIFUL HIGHSXPO: STELLARHD: ON THE RADARTSLA: SELL-SIDE BOOSTTSLA: EUPHORIADAC: HEALTH CHECKDHL: GREEN DEALBA: ASSET DIVESTMENTRXO: ONE OBVIOUS WINNER DHL: UBS TAKEDHL: DOWNBEAT
DAC: REACTIONDAC: EARNINGS MISSHD: SOLID WTC: BACK UPGM: BEAUTIFUL HIGHSXPO: STELLARHD: ON THE RADARTSLA: SELL-SIDE BOOSTTSLA: EUPHORIADAC: HEALTH CHECKDHL: GREEN DEALBA: ASSET DIVESTMENTRXO: ONE OBVIOUS WINNER DHL: UBS TAKEDHL: DOWNBEAT
DW News reports:
The deal still needs to be cleared by the the European Commission.
What else do we know about the deal with Lufthansa?
Rome and Lufthansa had been locked into over a year of tough negotiations on the price and terms of the deal.
Italian media reported that the deal faced a delay last week when Lufthansa requested a discount on the of €10 million ($10.65 million) on the €325 million purchase price of a 49% stake in ITA.
The German airline had pointed to ITA’s expected drop in value in the last quarter of 2024 as the reason for the request for a discount.
Italian Finance Minister Ginacarlo Giorgetti said last week that there had been no change to the original agreement…
To read the full post, please click here.
What will Trump's win mean for the logistics industry?
Canadian forwarders 'extremely frustrated' by lack of action to end port strikes
Port of Montreal strikers reject 'final' pay offer and are 'locked out'
Disruptions at Canadian ports see rail operations hit the buffers
Box shipping's resilience will be tested after September drop in volumes
Trump tariff threat could see shippers launch new wave of import front-loading
Employers make 'final offer' to striking Montreal dockworkers
Comment on this article