Italy and Lufthansa reach deal on ITA Airways stake

Italy and Lufthansa reach deal on ITA Airways stake …C0NTINUE READING HERE >>>

Lufthansa is set to purchase another 49 percent of Italian flag carrier ITA Airways after first snapping up 41 percent in May 2023.
Photo: Andreas SOLARO / AFP
Source: AFP

The Italian government and Lufthansa reached a deal on the sale of a stake in flag carrier ITA Airways to the German airline, Rome announced Monday evening, hours before a midnight deadline to present the agreement to European regulators.

Both sides had been locked in tough negotiations on the price and terms of the…

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