Lufthansa to Exercise Option to Buy Majority Stake in ITA in June
12 Articles
12 Articles
Lufthansa to exercise option to buy majority stake in ITA in June
The German airline company wants to increase its share of the former Italian state airline to 90 percent in the summer. What this means for the integration of ITA and the further steps.
Lufthansa Group Acquires Majority (90%) Stake In Italy's ITA Airways
In early 2025, we saw Lufthansa Group acquire a 41% stake in ITA Airways, the national airline of Italy (formerly known as Alitalia). We knew that Lufthansa Group had the option to acquire a majority stake in the airline after some amount of time, and that’s now happening. Lufthansa Group increases ITA ownership stake to 90% Lufthansa Group is exercising its option to acquire a majority stake in ITA Airways, increasing its stake by 49%, from 41%…
Lufthansa Moves to Take Majority Control of ITA Airways With 90% Stake - The Bulkhead Seat
Back in January 2025, I wrote about Lufthansa receiving antitrust approval from the European Union (EU) to buy a 41% stake in Italian national carrier, ITA Airways. The $350 million deal was reached after Lufthansa ceded some routes and slots and was expected to close in Q4 2024. Since then the deal has closed and ITA Airways has been folded into the Lufthansa Group. The remaining stake in ITA Airways was made available at the time and Lufthansa…
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