Lufthansa set to buy 41% of ITA – for now

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Photo: Vincenzo Gentile
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It’s on. Lufthansa will buy 41% – initially – of Italy’s ITA Airways, for €325m, giving it stakes in or ownership of airlines in five countries.

The long negotiations, which saw Italian shipping line MSC pull out of a partnership with Lufthansa, have seen the Germans ...

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  • Marco Menti

    May 26, 2023 at 1:25 pm

    It is a better solution than becoming a feeder for MSC, although for passengers it would have been better to be acquired by DL-AF/Certares as the network is much more extended and reliable. From a cargo standpoint, as Italy is missing connections and infrastructure, Lufthansa is a better partner which might provide Italian business the access that is needed for their economy to grow.

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ITA Airways Lufthansa M&A