DBEA55AED16C0C92252A6554BC1553B2 Clicky DBEA55AED16C0C92252A6554BC1553B2 Clicky
July 19, 2024
ITA

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Press reports today indicate that Lufthansa is likely to obtain anti-trust approval for its acquisition of a stake in the state-owned Italian airline ITA, sources said on Thursday.  While the EC has not made a final decision, the outlook is positive for approval after the Commission and airlines agreed on a series of remedies to avoid anti-competitive problems.

Lufthansa is looking to acquire a 41% interest in ITA, which is the successor to Alitalia, to boost its market presence in the Mediterranean market and key Italian markets.  After initial denials, Lufthansa returned to the bargaining table with concessions, after spending millions of Euros into Alitalia over the years.  

Press reports today indicate that Lufthansa is likely to obtain anti-trust approval for its acquisition of a stake in the state-owned Italian airline ITA, sources said on Thursday.

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Ernest Arvai
President AirInsight Group LLC