Story and images by Lufthansa Group
Friday, January 17, 2025 – 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.
The two parties had already agreed in May 2023 that Deutsche Lufthansa AG would acquire a minority stake of 41 percent in ITA Airways. The European Commission had recently approved the participation by approving the remedies on 29 November 2024. Other competition authorities outside the EU have since also approved the participation.
The first step of the investment was implemented today by means of a capital increase of 325 million euros. Options for the acquisition of the remaining shares in ITA Airways have been agreed between the Lufthansa Group and MEF and can be exercised from this year. With today’s transaction, ITA Airways is part of the Lufthansa Group and will be the Group’s fifth network airline.
Click the link to view the whole story! Lufthansa finalizes stake in ITA
