German aviation company Lufthansa Group has acquired a 41% stake in ITA Airways. Lufthansa Group can opt to acquire the remaining shares. The Italian Ministry of Economy and Finance (MEF) retains the remaining 59% of ITA Airways for now.

The European Commission told Lufthansa on Wednesday it would order the German flag carrier to reinstate charter airline Condor's access to Lufthansa's short-haul network to feed Condor's Frankfurt-New York route.

German Lufthansa Group has finalized its acquisition of Italian airline ITA Airways, closing a long period of uncertainty for Italy’s former flagship carrier.

The Lufthansa Group has welcomed ITA Airways as its fifth network airline, finalizing a 41% stake in the Italian carrier.

Lufthansa finalised its acquisition of a 41% stake in Italian state-owned airline ITA after European antitrust remedies were put in place, it said on Friday, in a deal designed to boost the carrier's presence in the lucrative southern European market.

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The European Commission is requiring Lufthansa to reinstate charter airline Condor's access to its short-haul network for the Frankfurt-New York route. This interim measure comes as part of an investigation into a joint venture between Lufthansa,

January 2025 saw the Lufthansa Group conclude one of the most hotly anticipated business deals in the recent history of European commercial aviation, as the company finalized a 41% stake in Italian flag carrier ITA Airways.

The European Commission (EC) has told Lufthansa to reinstate Condor’s access to feed traffic at Frankfurt airport. The order is part of a broader investigation into potential restriction of competition on European-transatlantic routes by the A++ transatlantic joint venture (JV) between Lufthansa...

The Italian airline ITA Airways is a new member of the Lufthansa (DLAKY) Group. The Italian Ministry of Economy and Finance, MEF, and Lufthansa

Last month, during its “Extraordinary Shareholders’ Meeting,” ITA Airways approved a $338 million capital increase to be offered to Lufthansa. The group was given until January 15, 2025, to subscribe to the increase, allowing it to enter ITA Airways with the initial 41% stake.

Germany's Lufthansa Group on Friday finalized its ... This deal was originally announced in May 2023 and was approved by the European Commission following a year-long investigation and with ...