{"id":47012,"date":"2025-01-25T17:34:21","date_gmt":"2025-01-25T17:34:21","guid":{"rendered":"https:\/\/peraltafinancing.com\/aerospace\/lufthansa-group-acquires-41-stake-in-italys-ita-airways\/"},"modified":"2025-01-25T17:34:21","modified_gmt":"2025-01-25T17:34:21","slug":"lufthansa-group-acquires-41-stake-in-italys-ita-airways","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=47012","title":{"rendered":"Lufthansa Group acquires 41% stake in Italy\u2019s ITA Airways"},"content":{"rendered":"


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ITA Airways operates its Airbus fleet across nearly 70 destinations globally. Credit: Lufthansa Group.<\/figcaption><\/figure>\n<\/p><\/div>\n

German aviation company Lufthansa Group has acquired a 41% stake in ITA Airways.<\/p>\n

Lufthansa Group can opt to acquire the remaining shares. The Italian Ministry of Economy and Finance (MEF) retains the remaining 59% of ITA Airways for now.<\/p>\n

The transaction was officially sealed with a capital increase of \u20ac325m ($334m) by Lufthansa.<\/p>\n

Lufthansa agreed to acquire the 41% stake in May 2023. The European Commission approved the deal with \u201cremedies\u201d in November 2024, followed by approvals from non-EU competition authorities.<\/p>\n

This development is said to position Italy as a new \u201chome market\u201d for Lufthansa, with ITA Airways becoming its fifth network airline.<\/p>\n

The country will become the company\u2019s second-largest international market following the US, outside its established home markets of Germany, Austria, Switzerland, and Belgium.<\/p>\n

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