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ITA Airways Appoints New Board of Directors and Leadership

ITA Airways, Italy’s flagship carrier, has announced a significant restructuring of its leadership team with the appointment of a new Board of Directors. The five-member board includes Antonella Ballone, Joerg Eberhart, Lorenza Maggio, Sandro Pappalardo, and Efrem Angelo Valeriani. Alongside the new board, ITA Airways has also introduced a Board of Statutory Auditors to enhance governance and oversight.

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GOL Revises 5-Year Plan Amid Chapter 11 Reorganization

GOL Linhas Aéreas, Brazil’s largest domestic airline, has revealed a revised 5-Year Financial Plan as part of its ongoing Chapter 11 reorganization process. This comprehensive plan outlines key strategies to secure the airline’s financial stability, including fleet growth, debt restructuring, and significant capital raises.

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FlySafair Faces Legal Challenge Over Ownership Laws

FlySafair, one of South Africa’s leading low-cost carriers, is confronting potential grounding following a ruling by the Air Services Licensing Council (ASLC). The council determined that the airline’s shareholding structure violates South African ownership laws, sparking a significant legal and operational challenge for the carrier.

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EU Demands Lufthansa Reinstate Condor Access at Frankfurt

The European Commission has escalated its competition case against Lufthansa, issuing a Supplementary Statement of Objections that outlines its intention to order the airline to reinstate Condor’s access to feed traffic at Frankfurt Airport. This marks a significant development in the ongoing regulatory scrutiny of Lufthansa’s competitive practices.