Widebody Prospects: ITA Airways Bags $86 Million In Funding To Acquire Its 1st Owned Jet

In a significant milestone, ITA Airways has finalized a financing transaction enabling it to have its first owned aircraft. The airline operates an all-Airbus fleet, and the current deal is for an A330-900 plane. ITA is gradually investing in newer-generation aircraft as it looks to develop its fleet for operational growth.