Lufthansa Secures Stake in ITA Airways
Lufthansa and the Italian government have concluded negotiations over the German airline's acquisition of a significant stake in ITA Airways. The agreement entails Lufthansa purchasing 41% of ITA Airways for 325 million euros, with an option for a full takeover in the future. This decision comes after lengthy discussions, including a recent dispute over financial terms.
ITA Airways, a successor to the financially troubled Alitalia, emerged in 2021 after state intervention. The Italian governm..
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