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ITA-Lufthansa: the signing, then to Brussels

European Antitrust will assess the impact of the agreement on free competition on the airline market

The official signing of the agreement reached last May 25 between the Italian Minister of Economy and Finance (MEF), Giancarlo Giorgetti, and the CEO of Lufthansa, Carsten Sphor, for the privatization of the ITA Airways is expected between today and tomorrow, of which the Germans intend to acquire a minority stake equal to 41% for EUR 325 million.Between Wednesday 7 and Thursday 8 June the contract...

Gic - 1251781
Rome, Italy, 06/07/2023 14:15
AVIONEWS - World Aeronautical Press Agency

AirlinesITA-Lufthansa: Moody's promotes

There are "solid strategic rationales for the acquisition of the minority stake"

The international financial analysis agency Moody's liked the marriage between the national air carrier ITA Airways and the German aviation group Lufthansa. So it rated the operation with a Ba-1 with a... more

AirlinesITA-Lufthansa: a long-awaited turning point

Spohr: "ITA is not the old Alitalia" and "we will make this operation a success"

The privatization of 41% of the air carrier ITA Airways by the Lufthansa Group (which put 325 million euros on the plate) represents a turning point for the Italian aviation market. Thus ends, after decades,... more

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