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Lufthansa to Take Stake in ITA Airways

Lufthansa Group (Germany) is poised to finalize a major deal to acquire a stake in ITA Airways (Italy) on January 13, 2025, marking the culmination of years of negotiations. This strategic investment is expected to strengthen Lufthansa’s position in the European aviation market and provide ITA Airways with a stable partner to support its growth and modernization efforts.

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European Commission Approves Remedy Takers for ITA Airways Deal

The European Commission has granted approval under the EU Merger Regulation for easyJet (UK), IAG (UK), and Air France-KLM as suitable remedy takers. This decision comes as part of the commitments made by Lufthansa (Germany) and the Italian Ministry of Economy and Finance (MEF) to secure joint control over ITA Airways (Italy).

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ITA Airways Chairman Awaits Lufthansa Group Acquisition Approval

ITA Airways (Italy) chairman Antonino Turicchi has expressed optimism that the airline will secure final approval for its acquisition by Lufthansa Group (Germany) from the European Commission (EC) before the end of 2024. This approval marks a critical step in solidifying Lufthansa’s stake in the Italian national carrier.

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ITA Airways to Launch Rome-Tripoli Route with A319 in January

ITA Airways, the national airline of Italy, has announced the launch of a new route from Rome Fiumicino to Tripoli Mitiga in Libya, set to begin on January 12, 2025. This route will be operated with an Airbus A319, which is well-suited for short to medium-haul flights and provides an efficient and comfortable experience for passengers. The new route reflects ITA Airways’ strategy…

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Lufthansa Nears Finalization of ITA Airways Acquisition Deal

Lufthansa, Germany’s flagship carrier, has made substantial progress in its planned acquisition of ITA Airways after resolving key pricing issues with the Italian government. The two parties have worked through differences over the valuation of ITA Airways, allowing Lufthansa to move closer to finalizing the takeover deal. This acquisition marks a significant step for Lufthansa, as it seeks…