On Wednesday, Italy and Lufthansa finalised an agreement that sees the German airline acquiring a minority stake in ITA Airways. The state-owned airline, which succeeded Alitalia, will now operate under Lufthansa’s management.
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From 12 January 2025, Italy and Libya will resume direct commercial flights after more than a decade. Italian carrier ITA Airways and Libyan airline Medsky will operate the routes.
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The European Commission has given final approval to Lufthansa’s acquisition of a minority stake in ITA Airways. This decision clears the path for creating Europe’s largest airline group.
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The European Commission announced Wednesday its approval of the planned ITA-Lufthansa merger.
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Deputy Premier and Transport Minister Matteo Salvini lamented “Euro-madness” following the European Commission’s presentation of issues regarding Lufthansa’s acquisition of stake in Italy’s ITA Airways.
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On Tuesday, German carrier Lufthansa acknowledged it has made concessions to the European Commission (EC) in an effort to secure approval for its proposed acquisition of a 41% stake in Italy’s ITA Airways.
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Italy has picked a group led by U.S. private equity fund Certares, backed by Air France-KLM and Delta Air Lines Inc for exclusive talks on buying a majority stake in ITA Airways.
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