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Maroc Maroc - NEWMOBILITY.NEWS - A La Une - Hier 11:25

Lufthansa-ITA deal is finally sealed

Lufthansa and the Italian government have agreed to take over ITA Airways, formerly Alitalia, after tough negotiations, the Italian Finance Ministry announced. The documents were delivered to the European Commission before the deadline. The EC had previously imposed conditions on the deal to safeguard competition, such as giving up some flight rights or slots. €325 million Under the agreement, Lufthansa will initially acquire a 41% minority stake in state-owned airline ITA – Italia Trasporto Aero – for 325 million euros, with the option to increase its stake to 100% in the medium term. Continue reading at newmobility.news.

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