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Lufthansa agreement finalised

January 16, 2025January 16, 2025Deborah CaterLeave a Comment

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.

ITA - Lufthansa planes at airport stands. Lufthansa's stake in ITA approved by EC

EU Commission Approves Lufthansa’s stake in ITA Airways

November 30, 2024November 30, 2024Deborah CaterLeave a Comment

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.

ITA Lufthansa merger has stalled

November 5, 2024November 5, 2024Deborah CaterLeave a Comment

The ITA and Lufthansa merger talks stalled overnight, putting the merger agreement on hold. The Italian economy ministry (MEF), which owns ITA Airways—the successor to Alitalia—reportedly rejected Lufthansa’s request to reduce the agreed purchase price of 829 million euros for full acquisition, according to Corriere della Sera.

Lufthansa ITA Airways deal depends on routes

EC approves ITA-Lufthansa merger

July 4, 2024July 4, 2024Deborah CaterLeave a Comment

The European Commission announced Wednesday its approval of the planned ITA-Lufthansa merger.

ITA and Lufthansa need to do more before EC agrees merger

May 15, 2024May 15, 2024Deborah CaterLeave a Comment

The latest commitments offered by ITA and Lufthansa to gain approval for their merger still fall short of satisfying the European Commission. However, there is time until the final decision on 4th July for enhancements to be made in order to receive the green light.

EU issue list of remedies over Lufthansa-ITA deal

March 26, 2024March 26, 2024Deborah CaterLeave a Comment

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.

ITA – Lufthansa deal hinges on routes

March 15, 2024March 15, 2024Deborah CaterLeave a Comment

The EU Competition Commissioner says the routes operated by Lufthansa and ITA are the potential stumbling block to the deal.

Lufthansa concessions made to EC over ITA Airways deal

January 10, 2024January 10, 2024Deborah CaterLeave a Comment

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.

ITA – Lufthansa deal needs resolution says Commissioner Gentiloni

September 11, 2023September 11, 2023Deborah CaterLeave a Comment

Notification of a deal between Italy and Germany to hand a minority stake in ITA to Lufthansa “is a long-standing issue” that “deserves a solution”, said European Economy Commissioner Paolo Gentiloni. Italy and Germany agreed the deal in May, but it is yet to be ratified.