Quantcast

Lufthansa set to acquire significant stake in ITA Airways

Travelers are taking extreme measures and using hacks to avoid airline baggage fees
Wizz Air becomes first airline to operate P&W-powered Airbus A321XLR jet
Hawaiian Airlines’ new ‘no show’ policy may make travel more expensive
BLIMP-SE OF THE FUTURE Luxury zeppelins of the future from ‘flying bum’ world’s largest aircraft to Google billionaire’s ‘impossible’ airship
Swiss Startup SmartFlyer Develops Hybrid-Electric Trainer
San Francisco-based entrepreneur takes a trip on India's worst-rated airline, his reaction will surprise you
First-Time Flyer at 81: A Grandmother's Memorable Journey
Ryanair forecasts fare rebound as consumers recover from interest-rate hit
Global Airlines Launches Inaugural Flight, Aiming to Revive 'Golden Age of Travel'
Winning routes: American Airlines adds more than 22,000 seats for football fans following release of 2025–2026 pro schedule
Boeing scores Middle East plane deal during Trump visit
Air travel will be ‘worse’ this summer, lawmakers warn — as FAA gives infuriating update on system fixes, staffing issues
United Airlines CEO Reassures Passengers About Newark Airport Safety
American Testing Tech to Help Passengers Make Connecting Flights
British Airways to use AI in efforts to improve operations
American Airlines Tests New Tech to Help Passengers With Tight Connections During Summer Rush
Flight Diverted After Pregnant Woman on Board Goes into Labor and Delivers Her Baby: Report
United Airlines CEO Scott Kirby says "this is the most optimistic I've been in my entire career about finally getting the FAA fixed"
U.S. Transportation Secretary Sean P. Duffy Unveils Plan to Build Brand New, State-of-the-Art Air Traffic Control System
Passenger rushing for next flight can't believe what woman next to her does
Why fuel price crash won’t make flying cheaper
Kristi Noem says travelers without Real ID will still be able to fly after deadline
Frontier Airlines Announces New Routes Launching This Summer, Connecting Baltimore With Chicago O’Hare and Trenton, N.J. With Myrtle Beach, S.C.
Airlines in North America prioritize investments in cyber, AI
The evolution of the airline uniform — a cross check
Global Airlines & HiFly Operate 1st Passenger Airbus A380 Flight Between Barcelona And Berlin
American Airlines unveils ritzy new plane suites launching this summer
Airline Stocks To Keep An Eye On - April 28th
Gatwick Airport Faces Potential Strikes
50 New Routes Starting In May 2025
Lufthansa set to acquire significant stake in ITA Airways
Policy
Webp 9d8e4n9zvnq6npvse1f7c4oouh5n
Airbus A380 | Airbus

During a shareholders' meeting on December 20, ITA Airways approved a capital increase to be offered to Lufthansa Group. This move will allow the German airline group to acquire an initial stake in the Italian carrier.

ITA Airways held an extraordinary shareholders' meeting where it approved a €325 million ($338 million) capital increase exclusively for Lufthansa Group. The German company has until January 15, 2025, to subscribe and acquire a 41% stake in ITA Airways.

The Italian airline also approved new by-laws, which include changes to management prerogatives and rights for its current shareholder, the Italian Ministry of Economy and Finance (MEF), as well as the new stakeholder, Lufthansa Group. These by-laws will become effective once Lufthansa subscribes to the capital increase. An ordinary shareholders' meeting is planned afterward to enable MEF and Lufthansa Group to appoint a new board of directors.

Get the Newsletter
Sign-up to receive weekly round up of news from Sky Industry News
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

"The completion of these formalities will mark the beginning of a new era for national and continental air transport, with ITA Airways entering the largest European civil air transport group."

The regulatory hurdles were cleared on November 29 when the European Commission (EC) approved easyJet, Air France-KLM, and International Airlines Group (IAG) as remedy takers under commitments made by ITA Airways' German-Italian shareholders.

As part of these changes, easyJet announced increased capacity on flights from/to Italy and opened two new bases at Milan Linate Airport and Rome Leonardo da Vinci Fiumicino Airport. The UK-based low-cost carrier plans at least 16 new routes from Milan-Linate with connections to other Lufthansa hubs like Frankfurt Airport or Vienna Airport.

While Air France-KLM and IAG were designated as remedy takers for long-haul routes between Italy and the United States through interlining agreements or slot swaps, no further developments have been announced regarding Lufthansa's acquisition of ITA Airways' initial stake.

Lufthansa reiterated that ITA Airways would join Austrian Airlines, Brussels Airlines, Lufthansa, Swiss International Air Lines (SWISS), Eurowings, Edelweiss Air, Air Dolomiti, and Lufthansa City Airlines within its network carriers group.

Lufthansa executives highlighted that adding Rome-Fiumicino to their hub network would enhance competitive positioning against US-based carriers. Unlike some German airports where aviation taxes are higher due to government policies, Rome provides a lower-cost alternative which could help develop networks across Africa and Latin America.

Organizations Included in this History
More News

Flying Food Group, Inc. has announced the recipients of its 2025 scholarships, with all five applicants receiving awards this year.

Oct 23, 2025

Dnata, a global provider of air and travel services, has entered into a joint venture with Azerbaijan’s Silk Way Group to launch ground handling and cargo operations at Alat International Airport, located in the Alat Free Economic Zone in Baku.

Oct 22, 2025

Delta Air Lines has announced the release of version 7.5 of its mobile app, introducing new features aimed at making travel planning and management easier for customers during the holiday season.

Oct 22, 2025

The Fair Work Commission has ruled that a former employee of dnata Airport Services was unfairly dismissed and awarded $36,468.39 in compensation.

Oct 22, 2025

The 13th Annual Breast Care International Walk for the Cure took place in Kumasi, Ghana, drawing around 30,000 participants, including survivors, healthcare professionals, students, traditional leaders, and advocates.

Oct 22, 2025

The Los Angeles International Airport (LAX) has announced the closure of Terminal 5 to allow for a significant redevelopment.

Oct 22, 2025