ITA Airways - Lufthansa Group
The Italian airline ITA Airways is a new member of the Lufthansa Group. The Italian Ministry of Economy and Finance (MEF) and Europe's leading aviation group concluded the transaction today. As a result, the Lufthansa Group has a 41 percent stake in the Italian airline ITA Airways. The remaining 59 percent will initially continue to be held by MEF.
Lufthansa Group finalizes 41 percent stake in ITA Airways
The Italian airline ITA Airways is a new member of the Lufthansa Group. The Italian Ministry of Economy and Finance (MEF) and Europe's leading aviation group concluded the transaction today. As a result, the Lufthansa Group has a 41 percent stake in the Italian airline ITA Airways. The remaining 59 percent will initially continue to be held by MEF.
ITA Airways - Lufthansa Group
Damit ist die Lufthansa Group mit 41 Prozent an der italienischen Fluglinie ITA Airways beteiligt. Die übrigen 59 Prozent hält zunächst weiterhin das MEF. Bereits im Mai 2023 hatten beide Parteien den Erwerb einer Minderheitsbeteiligung von 41 Prozent durch die Deutsche Lufthansa AG an ITA Airways vereinbart.
ITA Airways - Lufthansa Group
ITA Airways is a young airline that has been growing since it started operating in 2021. Its modern, environmentally friendly Airbus fleet currently numbers 99 aircraft, including 22 long-haul Airbus A350-900, Airbus A330-900neo and A330-200 aircraft.
Done Deal: ITA Airways Officially Joins Lufthansa Group As 41
5 days ago · As part of Lufthansa’s deal for ITA Airways, the airline agreed to invest €325 million ($333 million) into the new Italian flag carrier. The company confirms that this transaction was completed on Friday. Lufthansa’s entry into ITA Airways’ share capital follows several years of discussions and negotiations. In May 2023, the two ...
Lufthansa Acquires 41% Stake In Italy's ITA Airways: It's A Done …
Jan 15, 2025 · Lufthansa’s investment in ITA Airways has been completed, so ITA Airways is now officially a Lufthansa Group carrier! Lufthansa Group has acquired a 41% stake in ITA Airways for a capital contribution of €325 million, and the transaction was finalized today at …
Lufthansa Acquires 41% Stake in ITA Airways to Strengthen …
4 days ago · The Lufthansa Group finalized the transaction on January 17, 2025, securing a 41% stake in the Italian airline ITA Airways, which now becomes the fifth network airline within the group.The deal, which includes a €325 million capital increase, bolsters Lufthansa's position in the Italian and European markets while expanding connection options for its customers.
Lufthansa-ITA tie-up finalised with transfer of two-fifths stake in ...
6 days ago · Germany’s Lufthansa Group has completed its long-sought acquisition of Italian carrier ITA Airways, finalising on 17 January a two-fifths stake in the company. Lufthansa Group says the €325 ...
EU commission approves Lufthansa purchase of long-troubled …
Jul 3, 2024 · MILAN (AP) — The European Commission on Wednesday approved Lufthansa’s takeover of Italian airline ITA with conditions to protect competition in a deal that Italy’s finance minister called “historic.”
Lufthansa Group reaches agreement on the acquisition of 41 per …
Today, Deutsche Lufthansa AG reached an agreement with the Italian Ministry of Economy and Finance (Ministero dell’Economia e delle Finanze, MEF) to acquire a minority stake in the Italian national carrier ITA Airways (Italia Trasporto Aereo S.p.A.).