Lufthansa takes first step in Italy's ITA Airways takeover

NAMPA / DPA
2025-01-17
Frankfurt/Rome (dpa) - Germany's Lufthansa announced on Friday that it has taken the first step towards a takeover of Italy's state-owned ITA Airways by completing an approved capital increase of ?325 million ($334 million). Lufthansa has thus secured 41% of ITA shares, with the rest still held by the Italian state. Full takeover of ITA, the successor to Alitalia, has been agreed with the Italian government. The airline operates 99 planes and has......
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