Spot rates on transpacific surge after news of tariff time-out
Container freight spot rates shot up on the transpacific trades this week, with an immediate ...
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By Alex Lennane
Lufthansa has confirmed it remains interested in taking a significant stake in ITA Airways, the Italian carrier born from Alitalia.
The Italian government is looking to privatise at least part of the airline, but a joint bid by shipping line MSC and Lufthansa, eyeing an 80% stake, lost out to a group including AF-KLM and Delta and led by Certares, which wanted 51% for €350m.
However, political machinations in Italy appear to have scuppered this preferred bid.
Not only is there a new government, ...
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